Health Insurance India Should I Buy?

Health Insurance India

The concept of health insurance or medical insurance is not very new in India, but still most Indian families do not have adequate health insurance cover. Many people still believe it to be a waste of money as they consider them selfs fit than most of their friends and relatives. One more belief is that if they buy a medical insurance they will definitely fall ill.

The fact is you cannot guarantee a good health by having a health insurance but you can easily overcome the financial burden in an unfortunate event of emergency hospitalisation of your dear ones. The cost of hospotalisation and medical expenses have increased manifold, A heart surgery which used to cost Rs. 1 lacs in the year 2000, now costs around Rs. 4 Lacs. If you ever visit a hospital for a treatment, the first thing they ask you is weather you have a health or mediclaim insurance. If you have a cover life is good , in case you do not have a health cover things will be different (Do check the expression of the person at the counter). Are there a different rate for people with or without health insurance cover ? well it is a very controversial issue and we will update about the facts in some another article.

Lets face it, a health insurance cover is a must in todays time. According to a recent study 70% of the disease across the world are directly related to unhealthy lifestyle. In brief 70% diseases are lifestyle diseases, such as Blood Pressure, Sugar & Health Disease etc. and more young people are falling prey to it.

You can avoid it ? Yes you can, Get up early in the morning around 5.30 am walk for 5 Km daily, Get down to yoga, drink 2 liters of water daily, eat more of green vegetables, stop eating process foods and junk foods, stop smoking and drinking, eat less , take no tensions , always be happy , breath only when the air is fresh without any pollution, do not run after money.. the list goes on. Can you do all this ? Assuming you can , but can you make all your family members do the same ?

It is not that people who buy health insurance are sick or going to be sick, the fact is they are smart and have planned well. Health insurance should be an integral part of your overall financial planning. Every one is working hard to earn and save money for a good life, one medical emergency of any of your family member can erode all you savings and make you financial weak.

In the coming years, We would be heading towards the same stage where America is today in terms of health care cost. Yes we are still cheaper than US and Other European Countries and many people from the west visit Indian form treatment. Insurance is good and bad at the same time, one of the reason of high medical cost can be attributed to insurance. The figures are quite evident, look at the treatment cost before and after year 2000 when private insurance companies were allowed to do business and you will realise the difference.

So, make a good financial plan for you yourself and put health insurance at the top priority .

Try our Free Health Insurance Advisor Tool – Get the right answers in less than 2 minutes.



---Sponsored Ads---


find-quote

How to find best insurance quotes?

The world of Insurance & Insurance quotes: One of the service sectors that has witnessed a massive rise of late is none other than the Insurance Industry. In today’s date, you are likely to come…


icici-pru-easy-retirement-plan

ICICI Prudential – Easy Retirement Insurance Plan

We all wish to pursue a good life after the retirement. This we look forward to purchased such a pension plan which can help us spend a financially sound life even after we stop working….


Insurance-accident-cover

Accident cover – Why you should have one

It’s a fact that to cover the risk of death we have life insurance policy and to take care of the hospitalization expenses there is health insurance policy. Nearly all of us are familiar with…


renew-health-insurance

Renew Your Health Insurance Policy On Time

We receive hundreds of inquiries on our website every month and we have seen that in many cases the mediclaim or the health insurance policy of the client has already expired or is just about…


Questions to ask your Insurance Agent Before Buying

Questions to ask your Insurance Agent Before Buying

Please be aware of the fact that insurance in not a commodity like a television set or music system which you buy once , pay once and enjoy the benefits. Please be very careful before…


Insurance Policy Wordings

Carefully Read The Insurance Policy Wordings

Insurance is basically a contract between you and the insurance company. All insurance types life insurance, health insurance, car/auto insurance etc. are a contract. In short the insurance company promises you to pay a certain agreed amount on…


insurance application form

Check your insurance application form carefully

When buying insurance a person actually enters into a contract between the insurance company and himself. As you must be aware all contracts are legal in nature and therefore you must be very careful in signing all…


what-is-better-individual-or-family

Individual or Family Floater Health Insurance Policy

A Family floater health insurance policy is a better option if you want your entire family to be covered under a single health or mediclaim insurance policy, the reason is that you get a higher…


Health Insurance India

Health Insurance India Should I Buy?

The concept of health insurance or medical insurance is not very new in India, but still most Indian families do not have adequate health insurance cover. Many people still believe it to be a waste of…


important insurance terms

Some important insurance terms you should know.

Life Insurance is highly important in terms of having your financial future secured. It is important that you opt for a policy or a plan that meets your needs. When you visit a life insurance advisor, it…


Be the first to comment on "Some important insurance terms you should know."

Leave a comment