Health Insurance Policy

The awareness about the importance of a health policy is growing. But the problem is that most people think that since a medical insurance plan is meant to cover the cost of a treatment, it should cover the treatment for a number of diseases. The fact is that a health policy should ideally cover the steps of treatment. Room rent, ICU charges, Operation theater charges, cost of blood, cost of implants, other equipment costs, etc. are all steps of treatment that the insurance policy should cover. All these costs should be covered by the insurance policy.

Most of the above mentioned steps are common to various treatments therefore it is essential that the plan covers them. Also many hospitals divide the bill accordingly. When a bill is generated at a hospital it seldom quotes “treatment for xyz disease”! The bill would usually state the components of the treatment. However, in the exclusions of the policy, one may find that the plan does not cover treatment of a particular disease. It is therefore essential to understand all these policy components clearly before buying the plan. One can read the Apollo Munich policy wordings on the website of the company. The aspects of treatment covered and the exclusions of the plan are clearly mentioned.