Buying health insurance has become a basic requirement in today’s society due to the skyrocketing expense of healthcare. Health insurance coverage is a great way to safeguard your funds and your family’s requirements since the expense of medical care, from minor diseases to serious conditions, is continuously rising across the nation. This is where health insurance plans for family comes into the picture.
Given the vast range of medical insurance plans available, it is quite difficult for an individual to choose the most appropriate plan for their family. However, the search for the best family health insurance plan can be made super easy by knowing all the salient features of a mediclaim policy. Here you go:
- Facility to Avail of Cashless Treatment
Best family health insurance plans have the most important feature of cashless treatment. With this feature, you can avail of cashless treatment at network hospitals without worrying about the finances as the medical bills are settled directly by the insurance company.
- Pre and Post-hospitalisation Charges
The most competitive health insurance providers offer complete coverage of pre-hospitalization expenses up to 30 days before hospitalization, and post-hospitalization charges up to 60 to 90 days after hospitalization.
- Tax Benefit
All health insurance plans for family are tax-friendly. According to Section 80D of the Income Tax Act of 1961, the premiums for the health insurance policies can be deducted from one’s taxable income.
- Renewable for a Lifetime
As per the regulations of IRDAI, all insurance providers are required to provide health insurance to individuals up to the age of 65 years. Above that, there are many competitive health insurance plans for family that have the feature of lifetime renewability. You must look out for this feature while buying a family health insurance plan so that you can enjoy the mediclaim benefits in the later stage of your life.
- Coverage for the Alternative Treatments
Over the past few years, people have begun to explore the health benefits of alternative treatment therapies such as Ayurveda, Naturopathy, Siddha, Homeopathy, Acupressure, and the like. Earlier, conventional health insurance policies used to cover only allopathic treatment. However, in the advent of newage features in health insurance , you can find insurance providers who provide coverage for alternative treatment costs up to a certain limit.
- Organ Donor Cover
Old age is more vulnerable to experience health issues especially critical illnesses that require transplantation of organs such as heart and kidney. Accordingly, some leading health insurers have designed innovative plans that will cover medical expenses incurred towards organ donor, to a certain amount, during the organ transplantation surgery. However, the said organ donation must conform to the Transplantation of Human Organs (Amendment) Act 1994.
- Domiciliary Treatment Cover
There are times when someone may require treatment at home as well. Considering the urgency, health insurers have come up with the feature of domicilary treatment that have expanded their coverage to include the costs of home treatments as well as per the policy terms and conditions.
The appropriate insurance policy for your family has all the benefits and features that serve the healthcare needs of your family. Choose a plan that can assure you of quality healthcare treatment for your family members during the times of need. You may choose to buy a comprehensive family health plan from a trustworthy insurer such as Care Health Insurance. With its huge array of comprehensive health insurance plans, Care Health Insurance is dedicated to meeting the diversified healthcare needs of your family.