Health Insurance has become a necessity in today’s world, when the medical expenditures are so high. So to be on a safer side, one must opt for health insurance. Be it for best medical attention or to safeguard for sudden financial needs. Medical emergencies can knock any door anytime, and to get the best medical facilities on time without any financial burden is what a Health Insurance offers us all. Thus, Health insurance is not a luxury, it is a necessity of every being.
It is a type of insurance that offers coverage for the medical and surgical expenses incurred by the policyholder when he/she is hospitalised during the policy period. Health insurers, today, also provide coverage for day care hospitalisation, hospitalisation, and post-hospitalisation. The expenses incurred are either reimbursed to the insured individual or are paid to the healthcare provider directly.
It is a smart investment to make but requires a bit of research to ensure the plan is affordable, offers good coverage, and will pay out sufficiently when needed.