Health coverage may not affected of having a pre-existing condition

2018 Marketplace plans deliver many benefits to the insured and having a pre-existing condition will consider the person eligible for all benefits under a health insurance plan.

Health Insurance plans are the backup or may call protector of people in some serious problems or illness which are life snatching and also have expensive treatments. Besides this, a right health insurance plan is like an assurance for the insured while he/she faces some kind of difficulties; there are lots of people in every country who dies or suffers with lifelong pains due of lack of support. It is a guide, a friend, a helper, an assurer, a good protector which means an overall coverage for insured person but still it is not enough to get fully covered and having all kind of money while in danger. Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization.

The new Marketplace plans of 2018 must have coverage treatment against every pre-existing medical condition such as asthma, diabetes and cancer etc. Actually a pre-existing condition is a kind of health problem that an insured person may have before the date of beginning of new health coverage; these conditions include epilepsy, cancer, diabetes, sleep apnea etc. All the marketplace plans have to cover treatment for pre-existing medical conditions that gives several benefits like:

• ·         No insurance plan can reject or refuse the person who has pre-existing medical condition to pay for important health benefits for any condition you had before the coverage began.
• ·         After the enrollment, the plan can’t deny the person’s coverage or raise the rates as per the health conditions.
• ·         Medicaid and the Children’s Health Insurance Program also can’t refuse to cover the insured or can’t charge more for pre-existing condition.

So basically, having a pre-existing condition is not a boundary for any person to get any health insurance plan or the person is not bound to charge extra penny for this. Besides the above diseases, pregnancy is also considered as a pre-existing condition under some reasons:

• ·         Before applying the health insurance plan if a lady is pregnant then the health insurance plan is bound to cover all kind of facilities, to pay all kind of medical bills and may not able to charge any extra cost for this pregnancy period.
• ·         After enrolling in any health insurance policy under the 2018 Marketplace plan, the pregnancy period and the childbirth both are covered from the beginning of the plan.

But Grandfathered plans don’t have to cover pre-existing conditions but if anyone wants pre-existing conditions covered during a grandfathered plan then he has two options. They are:

• ·         The person either has to switch to a Marketplace plan that will cover during Open Enrollment.
• ·         Or can buy a Marketplace Plan outside Open Enrollment, so when the grandfathered plan ends he will be qualified for a Special Enrollment Period.
• 

Source: http://basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Published By

Subhra Bera

www.basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Prepare to make a Health Insurance Claim in Emergencies

Health Insurance plans give many benefits to the insured but claims must be fulfilled within time as there may appear lot of certain scenario in the emergency.

Generally, Health Insurance plans are the backup or may call protector of people in some serious problems or illness which are life snatching and also have expensive treatments. Besides this, a right health insurance plan is like an assurance for the insured while he/she faces some kind of difficulties; there are lots of people in every country who dies or suffers with lifelong pains due of lack of support. It is a guide, a friend, a helper, an assurer, a good protector which means an overall coverage for insured person but still it is not enough to get fully covered and having all kind of money while in danger. Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization.

But before getting the benefits from any health it is important to file a claim of the regarding health insurance plan which would be something that people basically don’t need to do in the time of any medical emergency. Instead of avoiding that, people should be focused on paying claims to avoid huge payment of bills in the time of emergency cases as it may be turned out very dreadful; so it is important to know the process of avoiding it by knowing the work of health insurance claims.

Health Insurance claim settlement procedure:

• ·         Before the claim settlement, the insured has to ensure that they preserve to all bills and receipts for healthcare treatment.
• ·         Always make two or three extra copies of every bill and receipt.
• ·         The starting of health insurance process is from acquiring the claim settlement from the insurance company.
• ·         The claim settlement process can be done online; just the users need to go the related health insurance official website, then download the PDF, print and fill it up.
• ·         Users should always shut in all kind of bills and receipts for supporting the claim; check and verify if all the necessary documents are settled.
• ·         After validating documents, users need to go on to the related health insurance company’s webpage and upload the form and supporting documents on the portal named ‘Claim Settlement’ section.
• ·         Always keep the photocopies as a reference.
• ·         While submitting documents physically, remember the insurance company to know about the third party administrator the claim settlement forms and documents have to be submitted.
• ·         After examining the accuracy of the claim, the health insurance company will approve the compensation to the related accounts of the insured.

Important documents for Health Insurance claim:

• ·         Filled and signed claim form
• ·         All bills, invoices and receipts
• ·         Discharge card issued by the hospital
• ·         Hospital bill payment confirmation
• ·         Medical investigation reports or diagnostic reports
• ·         FIR filed for accidents

As the health insurance claim time limit is only 7 days after completion of treatment or discharge so if the insured exceed the duration, the claim may be denied. Or if any of the documents listed under the terms and conditions of the policy, it could be denied.

Source: http://basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Published By

Subhra Bera

www.basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Both Group Health Insurance and Individual Health Insurance need or not

Group medical insurance in India is increasing popularity now-a-days but having an individual health insurance plan is also important.

Health Insurance plans are the backup or may call protector of people in some serious problems or illness which are life snatching and also have expensive treatments. Besides this, a right health insurance plan is like an assurance for the insured while he/she faces some kind of difficulties; there are lots of people in every country who dies or suffers with lifelong pains due of lack of support. It is a guide, a friend, a helper, an assurer, a good protector which means an overall coverage for insured person but still it is not enough to get fully covered and having all kind of money while in danger. Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization.

Individual Health Insurance: Basically Individual health Insurance plan should be in the list of every employee or service person; it will be able to act like a money saver and financial support in the time of need. Though every employee is provided an employee health insurance policy under a certain health insurance company that will covers the serious injuries. The health insurance for employees is the easiest and simplest way t buy health insurance at handsome premiums and these plans also cover spouses, children and dependent parents. for these given coverage and benefits , most of the people think that health insurance policies for employees best option to keep safe and secure but there are some points need to be look over and they are: Room rents, no claim bonus, co-payment clause or co-share, waiting period, restoration benefit, sub limits and many more.

Group medical insurance policy: A group medical insurance is totally designed for giving coverage to a certain group of people such as society members, employees of a joint employer etc. and the advantages are that these policies have comprehensive cover at lower premium payment amounts and coverage regardless of insured’s past medical and mediclaim history.  There are many benefits of having a group medical insurance plan as it acts differently than an individual and family health insurance policy.

Benefits:

• ·         A group policy can be bought by an employer for suitable employees of a company.
• ·         The group mediclaim cover is very beneficial to the employees as well as the employers as they come with relaxation on many ways like pre-existing disease coverage, maternity benefits, two/four years waiting period, 30 days cooling off period, 25% lesser rates than individual policy, spouse and kids up to 25 years of age are covered, dependent parents may also cover.
• ·         Basically corporate cover their employees from 3 lacs to 5 lacs
• ·         There are reimbursement for out-patient expenses
• ·         Employees will get large benefits, comprehensive cover at lower rate
• ·         Less chances denying to an individual under group insurance policy due to his/her previous health and claimed records
• ·         Individuals with smoking/drinking habit, unhealthy eating habits etc. may not be denied coverage but may an increment in premiums will be there.
• ·         Employers also get tax deductions on premium paid.

Disadvantages:

• ·         After job change there will be no medical coverage or the person can afford another coverage while the older parents may not get coverage.
• ·         A good individual policy always gives full coverage with all pre-existing diseases after four years of continuance of policy.

So after this above knowledge, it is clear that having an Individual health insurance is must though the person has mentioned in any group health insurance or not.



Source: https://bit.ly/2MyZCJZ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Published By
Subhra Bera
www.basic-healthinsurance.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Improving Health Insurance coverage using Top-Up plans

A regular health insurance plan is essential to cover the medical expenses of a person but with it, a top-up health insurance plan covers extra financial crisis in emergency.

Health Insurance plans are the backup or may call protector of people in some serious problems or illness which are life snatching and also have expensive treatments. Besides this, a right health insurance plan is like an assurance for the insured while he/she faces some kind of difficulties; there are lots of people in every country who dies or suffers with lifelong pains due of lack of support. It is a guide, a friend, a helper, an assurer, a good protector which means an overall coverage for insured person but still it is not enough to get fully covered and having all kind of money while in danger. Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization. Though there are various terms and policies in every health insurance policy and various companies provide various additional benefits to their customer. In today’s scenario, the expenses on hospital treatments is increasing day by day which lead the families in problem to fulfill their need while maintain the hospital bills. None can assume about the expenses on hospitalization as the diseases don’t come with previous knocking and the treatment is also can’t be guessed, so it is impossible to keep aside a big amount of fixed money aside for covering the situation.

But a health insurance plan is not enough for covering every kind of diseases as there are limitations; some of them cover critical diseases, some of them covers illness caused by age or some plans have maternity benefits or some don’t cover any critical illness though. On the other hand, it is not possible for a person to have every type of health insurance plan to protect him and there the need of Top-up plans; top-up plans are like extra back up or plan B in some extreme emergency situation which can’t be well covered by existing health insurance plan. It may provide enough extra money that combining with the normal health plan will provide the total coverage to the insured yet there are some doubts with it here is the clarification.

 A regular health insurance policy can refund hospital bills only up to the sum insured but the rest of the expenses will be carried away by the insured or the his family  which is still a burden upon them. Here regular health insurance plan fail to meet all the expenses, while a top-up health plan with the regular one will cover costs even after the particular deductible is crossed. So this top-up health plan actually works as an extra coverage for people who have an existing plan or a medicalim from the employer; they serves as double benefit of low cost and higher sum. The premiums of a top-up plan is way cheaper than a regular health insurance plan and insured can save more paying less. Moreover that, top-up plans provide similar benefits as regular health insurance plan and are independent covers that can buy separately from any other company which offer tax benefits also. So basically, if the existing health insurance plan exhausted, a top-up plan appears to protect the financial crisis during medical emergencies.

Source: http://basic-healthinsurance.com/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Published By
Subhra Bera
www.basic-healthinsurance.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Buying Health Insurance Policy with low premiums

Health insurance policy’s premium rates are getting higher everyday that is a problem for the middle and lower class people but there’s a way to get lower premiums.

Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness.  A health insurance premium is actually a certain amount of money which the insured has to pay the insurance company to buy the health insurance policy and the premium amount have to paid annually to renew the policy to get coverage every year. There is not particular insurance that fits all approach to buy a health insurance as different plans offer different premium amounts so insurance companies offer attractive premium rates as the cost spread over a number of family members. Getting health insurance with the employer is a great way to buy health insurance at really low and affordable premium rates as organizations attract heavy discounts for the number of paper enrolling.

Source: https://www.hdfcergo.com/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Published By

Subhra Bera

www.basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Having own Health Insurance Plan before turning 30 is essential

Buying an individual health insurance policy is better to buy in the young age as there are many benefits and options to choose and it’s easier to bear the claims.

Early decision in every step of our life is the only thing that let us to move forward, a right decision in the right time can push us towards a newer life as people are energetic and courageous enough in their youth. This is also important in the tie of having a health insurance plan in life as Health insurance is the second important and the most important one after life insurance that should everyone must have in his/her portfolio. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization. Though there are various terms and policies in every health insurance policy and various companies provide various additional benefits to their customer.

At the young age people stay generally more fit and healthy than their middle age and they remain potential enough to bear the policies of health insurance as they start earning and have less family burden. So the youth time is the best time of having health insurance plans for the family and for own also as there are various opportunities to bear those early responsibilities. Most of the young in our country don’t value about their health and live an unhealthy life style that leads them towards a painful and ill lifestyle in the middle age. That’s why it is necessity to invest in health insurance in the youth; now-a-days the expenditure on diseases and remedies are increasing everyday that needs a huge amount of fund and having a health insurance in the earlier age will solve the later problems. Health insurance plans can be bought on annual premium basis and it depends on some factors like:

·         Age of insured

·         Medical history

·         Chance of coverage

·         Presence of any alcohol, drug or related things …

In the health insurance policies, health is a major factor that’s why older person has to pay more than the younger ones and in their older times they get easily affected with many diseases that prevent them from have insured. At a young age, people get low premium, attractive coverage options and the lack of pre-existing medical conditions ensure that having a health insurance in the youth is a right choice. Many insurance companies also offer “No Claim Bonus” on their health insurance companies that give the insured persons claim-free so the insured persons get a discount on the premium amount that need to pay.

Source:  http://basic-healthinsurance.com/having-own-health-insurance-plan-before-turning-30-is-essential.php

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Published By

Subhra Bera

www.basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

A guide to renew the Health Insurance policy

Buying a health insurance policy is not enough for the rest of life, this policy has to renew every year either via offline or online process and this will increase the benefits.

Health insurance is the second important and the most important one after life insurance that should everyone must have in his/her portfolio. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc. But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization. Though there are various terms and policies in every health insurance policy and various companies provide various additional benefits to their customer. But buying a health insurance policy is not enough or the whole process doesn’t complete until the policy is renewed time to time.

                Every health insurance company has its own plans that offer various benefits and sum assured amount for the policy holders and also has waiting period for claims. But it may change after a certain period due to the announcement of new health related budget every year; every year the health minister adds or changes some rules and regulations, announce about new benefits or about the taxation etc. That’s why upgrading the health plan after a certain time is important as it will include some new benefits that will continue with the old benefits in the same plan without adding any extra cost.

As an example, if anyone has bought a health insurance policy previous year and is thinking to get new benefits this year that are not possible as he or she has to renew the policy as per the current year’s financial budget. That means renewal of existing health insurance policy is indeed important as previous year, the policy holder and his/her family has got a total health cover but without renewing he/she will be not able to enjoy the continuity of the policy. Buying a health insurance is the most important step towards the security of family for any medical emergencies but renewing it every year gives it more security and continuous offers.

So as per the above statement, renewing of a health insurance policy is important for some basic reasons which are:

• ·         Enjoying continue benefits
• ·         Zero exposure to risk
• ·         Financial stability
• ·         Cumulative Bonus

Renewal process is done in two processes: one is via online and the other is offline. In the offline process, the policyholder has to contact with the dealer or direct with the health insurance company to make the renewal process happen. This offline process just needs little documents and it will be done on the spot though a little running needed like going to the company’s branch office, then showing the documents etc. But in the online process, it can be done fast through some easy steps; so wither it is done in online or offline process but the renewal is really important.

Source: https://www.hdfcergo.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Published By

Subhra Bera

www.basic-healthinsurance.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~