Do follow these health insurance tips.
Look for the Right Policy Coverage
Select a health plan that offers you coverage against a wide range of medical problems, pre and post-hospitalization cover, ambulance charges, critical illness cover, maternity benefits, cashless treatment, daily hospital cash benefit, in-patient hospitalization, etc. If you are buying medical insurance for your family, make sure that the policy meets caters to the needs of each member that has to be insured.
Consider your requirements, compare different plans, check out the policy features, and limitations. There can be hidden factors like sub-limits, waiting period, etc. that we tend to miss. Therefore, make sure that you go through the policy wordings for all the terms and conditions. This would ensure that you and your family do not have to face any trouble at the time of the claim.
Look for Flexibility To Add New Family Members
While purchasing a family health plan, make sure that you can add a new family member easily. In case the senior-most family member passes away or is no more eligible for the coverage, then the other family members can continue with the same plan without losing the benefits of the plan.
Check the Waiting Period Clause
Usually, health insurance plans cover pre-existing diseases, maternity expenses, and certain specific treatments like hernia, varicose veins, etc. after a specified waiting period, i.e., 2 to 4 years, which varies from one plan to another. For instance, maternity expenses are usually covered after a period of 2 to 4 years from the date of policy purchase. Make sure that you check the time duration after which the pre-existing diseases will be covered in your family health plan and choose a plan that comes with a minimal waiting period.