Health Insurance Premium can be easily adjusted in budget

Health Insurance Premium is the amount paid by a policy holder at the time of policy issuance. Medical or health insurance policy is issued for specific time period, thereafter which, it is to be renewed. At the time of renewal, the same amount (until and unless some changes are made) is to be paid again, which extends the coverage. Generally, health insurance policy, once issued or renewed, is valid for a time period of one or two years, as the case may be.

There are many mediclaim products in market. These products are designed, looking into health needs of people of all income groups. One can easily choose the product, as per his/her health needs and budget.

Easy Health is the most popular product in Indian health insurance market. It can be purchased at the expense of just few rupees per day. One of the good aspects of this product is that it comes with three variants, thus giving an individual a choice to buy the one that fulfill his/her healthcare needs and budget.

Looking into the products with low health insurance premium, Insure Health occupies the foremost position. It is the most economic product that offers coverage from Rs25,000 to Rs 2,00,000.

Light on Health Insurance Services India

The current healthcare statistics show that the condition of healthcare and health insurance services in India is too poor and thus, there is a need to offer people the wide health cover. The number of people enjoying life under health cover is very less. The astonishing fact is that almost 85% of Indian population pays for the medical expenses from their pocket, which is soon going to be a matter of concern. If the same continued, it will become difficult for the people of India to manage their medical expenditure.

Working in the direction to improve the scenario of health insurance services in India, health insurer should join hands with Government, medical care providers and regulators to spread health awareness regarding importance of health insurance and an access to quality healthcare. The combined efforts of all these bodies are expected to come out with some fruitful result.

Apollo Munich Health Insurance Company is one of the companies that have played a leading role in identifying health needs of the people and designing products to offer them the best health insurance services India. It commits people to take the fear out of faces, the jargon out of words, the confusion out of claims, the bitter out of medicines and the trouble out of treatment.

Healthcare - a prime necessity

Health is important of all assets a human being have in his/her life. It should never be taken for granted. On the other hand, the truth of life is that health issues are inexorable. A person can face it any time of life, which might become the cause of change in life style. One of the biggest problems that a person faces in his/her life in seeking quality medical treatment is high rising medical costs. Here, the importance of healthcare insurance.

It is, therefore, recommended to buy healthcare insurance plans to seek quality medical treatment at the time of medical emergency. These plans offer the facility of cashless hospitalization, using which an insured can go to any network hospital and can seek medical treatment without paying for the same. An insurer pays for these medical bills on behalf of an insured. Apollo Munich offers this facility in more than 4000 hospitals in the country.

Along with it, there is a facility of reimbursement for the treatment availed for the covered peril in non-network hospital. The claim raised against the medical bills gets settled within few working days. Apollo Munich is known for fast approval and quick settlement. Therefore, it has been the choice of millions in India.

Shall I buy Low Cost Health Insurance?

Many people are wary, when it comes to buying low cost health insurance. They doubt if these products would offer sufficient coverage. Truly speaking, there are products that are available at low cost and also offer the required coverage. The only need is to look for the right means to choose the right product.

An individual should look into his/her healthcare needs and then should compare health insurance products, keeping all the associated factors in mind. One should compare premium, coverage limits, product’s features, benefits, facilities, etc before finalizing a plan. Last, but not the least, one should always have health or medical insurance from a reputed provider so that one does not feel ended up with a wrong choice.

Apollo Munich, a pure health insurer, is well known for bringing best products at reasonable rates. Its Insure Health is really a low cost health insurance. It is the most economic product. In the recent survey conducted on the health insurance products, Insure Health occupied the second position for its low cost. The first position was taken over by Easy Health Standard plan that comes with best products features and price. Apollo Munich offers best products with best services.

What should health insurance providers do to improve healthcare in India?

Looking into the current healthcare and health insurance condition in India, it is becoming must for people to include health insurance in the list of prime necessities of life. To spread this awareness, health insurance providers need to play a major role. It is only then that quality medical care would be made accessible and affordable.

Health insurance providers along with other bodies, like Government, medical care providers and Regulators need to work in this direction. Government should start the related programs so that people could be made aware of high rising medical costs and the need of health insurance to manage the same. Similarly, Regulator should change guidelines so that only right player can enter the market.

Besides it, health insurance providers should look into health needs of people and design products accordingly so that people could find them useful and can purchase the same. Apollo Munich, a pure health insurance company, is working in the same direction and is looking forth to come out with various innovative healthcare solutions in India. The company has designed several products for people of all income groups. An individual can choose the one, as per his/her healthcare needs and budget.