Health Insurance is an insurance product that is always surrounded by misunderstandings. Especially in the context of its various rules and regulations, in our mind, many unnecessary negative emotions are created. That is why it is necessary that all these misconceptions be ended over time.
You have to understand that Health Insurance is ultimately a type of insurance policy, whose main purpose is to protect you and your family from all medical problems and expenses incurred on them. The sooner you become a participant in this insurance plan, the more you will get the policy benefit.
Let us examine the five myths associated with health insurance and know how much truth they have in them. 5 essential health insurance facts:
Myth 1: If you are healthy then you do not need Health Insurance:
Fact: Although staying healthy is a good habit, but good health cannot completely secure you from unexpected events like serious diseases and road accidents. Diseases such as malaria and dengue can take anyone into their grip.
In addition, anyone in serious road accidents can get serious injuries. Any disease or accident can happen, its treatment can cost up to millions of rupees. Under such circumstances, health insurance can greatly reduce your financial burden. That is why taking health insurance is not an elective for all but important investment.
Myth 2: Health Insurance provided by Employer is enough for you
Fact: Nowadays, many organizations provide cover to their employees under the Corporate Health Insurance Plan. But even in this situation, you cannot ignore the need for a personal health plan. The health insurance plan provided by your company is not necessarily to protect your old parents or other dependents. In addition, your policy will be applicable only till you are working in your current office.
That's why you should take a personal policy cover in every situation. As your age increases, your health will continue to decline, but the fixed premium amount of health plan will continue to increase. That's why you should take a personal health plan as soon as possible for yourself and your family as soon as possible.
Myth 3: Smokers are not eligible for Health Insurance
Fact: According to a survey, about 49 percent of the people who smoke or drink alcohol are still in their minds whether they are eligible for health insurance or not. However, such a person has a high health risk, but they are not incapable of taking health insurance coverage.
Rather, all those who consume or smoke alcohol have to pay a higher premium amount to get health insurance. At the same time, they have to undergo some tough health test. After that, a health cover is obtained by going somewhere.
Myth 4: You get paid only when you are admitted to a hospital
Fact: It's just a misconception that Health Insurance covers you in the event of hospitalization after surgery. Nowadays medical science has made so many technological advancements that many patients do not need to be admitted after surgery. After day-care procedures such as cataract operation or kidney stone removal, the patients are admitted to the hospital without any delay, they can easily return home after a few hours.
That's why renowned insurers pay you for hospitalization under your Health Insurance plan, as well as expenses incurred in day-care procedures. In addition, some health plans provide you with the cost of dental treatment, doctor consulting fees, Ayurvedic and even the costs associated with Greek treatment.
5: Health Insurance is only suitable for tax saving
Fact: Most people consider insurance policies as a means of saving tax only, which can be employed at some emergency medical conditions. But it's not right to think that. Health Insurance helps you cope with all future emerging medical expenses. At the same time, you also get huge discounts on taxes. But just investing in any Health plan to save tax, you can get very expensive. That is why it is important that you read the policy letter carefully and understand all the conditions related to insurance and choose the appropriate health insurance for you.
Health Insurance is a very beneficial insurance product. Not only does it help you fight all the medical expenses that happen in the long run, but you also currently provide additional benefits like a tax deduction. But most people consider health insurance as an intrinsic investment neglects them and keeps persistent assumptions. You should understand that Health Insurance gives you many other benefits as well as mental peace.
