Practically speaking, our health should be our topmost priority. It becomes quite difficult to carry on with our day-to-day activities if our body does not respond well due to a sedentary lifestyle. With healthcare expenses rising, it has become essential to take care of your well-being more than anything else. Hence, the least one can do, apart from exercising and keeping fit, is purchase an adequate health insurance policy to deal with any untoward eventualities.
People assume that they don’t require a health plan, especially when they’re in their 20’s. But if you take a glance around you, even the healthiest people you know fall sick due to various factors such as bad weather conditions, or infections, or something worse. Hence, it is essential to be prepared and purchase an adequate health insurance policy.
If you still believe that the lifestyle you’re leading is healthy and safe and that you don’t require a health insurance policy, read the following points and see if they change your mind:
- Pre- & Post-Hospitalization Charges
With the ever-increasing medical costs, it has become almost impossible to cope with long medical bills. If you have a health insurance policy, it covers all your expenses before and after hospitalization. The amount to be paid before being admitted in the hospital is termed as pre-hospitalization charges, whereas the expenses incurred after discharge are known as post-hospitalization charges. Both these expenses are covered by most health insurers.
- Expensive Medical Bills
You don’t want to pour all your hard-earned money or savings into treating a single ailment. An insurance plan can cover all your medical costs in such events, depending on the terms you have agreed upon and your coverage amount.
- Rising Health Problems
The lifestyle of today’s people is a precursor to numerous health disorders that can cost a lot. Additionally, unhealthy eating habits are further adding to this. The pollution of the environment has also led to a rise in air- and water-borne diseases.
- Income Tax Benefits
You’re allowed to claim a deduction up to a certain amount on the payments you make towards your health insurance premiums under section 80D of the Income Tax Act.
Apart from the above-mentioned benefits, you also get additional advantages upon purchasing health insurance such as cover for health check-up, ambulance charges, day-care surgeries, vaccination expenses, etc.
You can also buy health insurance plans for family members but that won’t be enough if you’re detected with a serious illness. With a critical illness insurance cover, however, all the bills will be taken care of.
You might think that the life you’re living is healthy and that you don’t need an insurance policy or that only older people need health insurance. Well, the above-mentioned information must’ve made it clear why everyone must purchase an insurance policy as the earliest. What’s interesting is that now, you don’t have to go through any hassles to buy the insurance policy of the choice without haggling with middlemen/agents. All you have to do is go to the insurance company’s website, fill in the necessary details, and purchase the policy online.
A basic health insurance policy does not offer coverage against all diseases. For terminal illnesses, you are advised to purchase a critical illness insurance cover. It is recommended to buy it as a standalone policy.
Above all, remember that ‘Health is Wealth’.