Debunking 5 myths of health insurance – moneycontrol. com

Mar 08, 2017 02:19 PM IST | Source: Moneycontrol.com Debunking 5 myths of Health Insurance The following article is an initiative of Apollo Munich Health Insurance & CNBC-TV18 and is intended to create awareness among the readers.

For many, health insurance is a misunderstood product generally stemming from a lack of understanding. Pillars of primary health care Here are five common myths around health insurance.

Our modern day lives are too entwined in work and career to give us the leisure of good health and peace of mind.


Women’s health and surgery center With our never-ending pursuit of professional success, our health often takes a back seat. Prime care health By the time, middle age comes by, health issues often surface up. Cheap medical insurance dubai From lifestyle diseases like diabetes to stress-related ones like high blood pressure, the troubles tend to abound at this stage. Private health insurance uk Treating these diseases is not easy. Women’s health norfolk ne Given the sky-rocketing expense of medical care, even a small procedure can be prohibitively costly. Women’s health study Little wonder that health insurance policies are considered to be a critical part of financial planning these days.

Nonetheless, over the time there have been some misconceptions and untruths that have become associated with health insurance. Health insurance cost Let’s debunk some of them.

One of the common responses of people is that they don’t need to scout for health insurance companies because they are quite healthy. Health insurance mississippi It is a myth that unhealthy people should be the only ones investing in health insurance. Access healthcare On the contrary, health insurance policies are best bought when the person is young and healthy. Caring healthcare This way the premiums will be lower and in the case of any emergency, the policy can come in handy. Importance of health insurance Buying health insurance early also ensures that you serve through the waiting periods for pre-existing and temporarily excluded diseases while you are still in good health.

Typically, people believe that to avail the benefits of health insurance, one has to be admitted to a hospital for at least a day. Health insurance 101 But that is a thing of the past. What is primary care These days, many health insurance providers, such as Apollo Munich, have started providing coverage for day care procedures that can be performed in a few hours at a hospital. Benefits of health insurance owing to technological advancement.

It is quite common to believe that a cheap policy is equivalent to the best policy (at least for the pocket). Home health care franchises Typically, people while buying health insurance, seldom look beyond the premium. Private health insurance companies But when it comes to purchasing health insurance, it is wrong to seek a plan with the lowest premium. Health insurance discounts Low-cost/basic plans have restricted offerings, with essential features excluded.

Another popular misconception about health insurance is that it unsafe to purchase a policy online. Home health care training People are scared of hacking and phishing while purchasing online. Women’s health cover Rather, buying online can be much easier and cheaper. Healthcare world As no agents are involved, there can be regular savings through online purchase. Cheap health care With online calculators available, you can easily find the premiums for different policies and make the right decision with a few mouse clicks.

With the financial year coming to a close, there is a flurry of activity to ensure that we use our tax exemptions to the full limit. Emergency health care And while health insurance does provide tax benefits that should not be one’s primary objective while buying health insurance. Health care provider Better buy insurance for its main purpose and that is to insure your health against all eventualities. Primary health care marshalltown iowa Always remember health can never be a compromise and thus, the cover should not be dictated solely by the objective of tax benefit. Cheap health insurance in n c Do assess the cover required and the plan best suited for you. Health insurance maryland Tax benefits under Sec 80D should be considered incidental at best.

In the end, health insurance is a safety net that affords you the best healthcare, when you need it. Home health care near me So invest wisely and stay healthy.

Copyright © e-Eighteen.com Ltd. Affordable health insurance for college students All rights reserved. Women’s health news Reproduction of news articles, photos, videos or any other content in whole or in part in any form

or medium without express writtern permission of moneycontrol.com is prohibited.

Copyright © e-Eighteen.com Ltd All rights resderved. Healthcare communities Reproduction of news articles, photos, videos or any other content in whole or in part in any form

or medium without express writtern permission of moneycontrol.com is prohibited.

Leave a Reply

Your email address will not be published. Required fields are marked *