Key Benefits of Health Insurance Plans in India

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Health insurance plans offer a variety of health benefits to the insured, depending on the plan. Following are the key benefits of buying a health insurance plan in India:

Hospitalization Expenses
A health insurance plan covers the medical expenses incurred on getting admitted to a hospital for more than 24 hours. It includes room rent, doctor’s fee, medicine costs, diagnostic test fees, etc.
Pre & Post Hospitalization Expenses It covers the medical expenses that you may have incurred on an illness before getting hospitalized as well as follow-up treatment expenses incurred after getting discharged. The pre-hospitalization and post-hospitalization expenses are covered up to a fixed number of days as specified in the policy document.
ICU Charges A health insurance plan also covers the cost of availing treatment in an ICU or Intensive Care Unit during hospitalization.
Ambulance Cost It covers the cost of ambulance services availed to reach the nearest hospital during a medical emergency.
Cashless Treatments All health insurance providers in India offer cashless treatment facilities at their network hospitals. You do not have to worry about arranging money to pay the hospital bills if you get admitted to a network hospital, as it will be settled by your insurer under cashless claims.
Maternity Benefit Several health insurance companies offer maternity benefits, including delivery expenses, pre-natal & post-natal expenses and medical termination of pregnancy. They also cover the cost of treatment and vaccination of the newborn baby. However, all maternity insurance plans have a waiting period ranging from 3 months to 4 years.
Day Care Procedures It also covers the cost of availing day care treatments that require hospitalization of less than 24 hours.
Pre-existing Diseases The right health insurance policy also provides coverage for pre-existing diseases after you have completed the waiting period. Usually, pre-existing diseases are covered after a waiting period of 2 to 4 years.
AYUSH Treatment It covers the cost of availing medical treatment through the AYUSH system of medicines that includes Ayurveda, Unani, Homeopathy, Siddha and Yoga.
Medical Check-ups Most health insurance companies in India offer free preventive health check-up facilities to the insured at regular intervals depending on the policy terms and conditions.