{"id":866,"date":"2021-06-13T11:52:42","date_gmt":"2021-06-13T11:52:42","guid":{"rendered":"https:\/\/www.domikyo.com\/?p=866"},"modified":"2021-06-13T11:52:42","modified_gmt":"2021-06-13T11:52:42","slug":"awesome-tips-to-help-you-compare-health-insurance-policies","status":"publish","type":"post","link":"https:\/\/www.domikyo.com\/awesome-tips-to-help-you-compare-health-insurance-policies\/","title":{"rendered":"Awesome tips to help you compare health insurance policies!"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Are you ready to take charge and manage things during a medical emergency? When we speak of medical emergencies, you might have the essential numbers on speed dial and might have planned your next steps; however, these are not the only things you need to worry about. The finances required to deal with such situations are crucial. You can never be sure of unplanned medical emergencies, and this is why you should always be prepared with the finances, or a good <\/span><a href=\"https:\/\/www.iffcotokio.co.in\/health-insurance\" target=\"_blank\" rel=\"noopener\"><b>health insurance<\/b><\/a><span style=\"font-weight: 400;\"> policy to make sure your expenses are covered.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are several insurance companies out there offering various different health insurance plans. You should place focus on getting a plan that will be enough to cover all your needs and requirements.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To help you pick a great health insurance plan, we have listed down 4 quick tips to help you compare different health insurance policies:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Check about the waiting period for certain diseases and pre-existing illnesses<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In most cases, the coverage for certain health problems such as a knee replacement surgery, hernia, and so on kicks in only after around 2 years of purchasing the health insurance policy. Also, there will be a waiting period for pre-existing illnesses like diabetes, high blood pressure, asthma, and so on. This waiting period can be around 4 years. Remember to inquire about these waiting periods when choosing an insurer. It is better to choose an insurance company that has a short waiting period on their insurance plans.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Check about the coverage for hospital room rent\u00a0<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In cases of hospitalisation, there is only a fixed amount that goes into the coverage of your room rent. For example, if you have a health insurance policy of Rs.1,00,000 on which there is a 1% upper limit for the coverage of your room rent, you will only be able to claim reimbursement for the room rent for a maximum amount of up to Rs. 1,000 per day. Check about this cap limit before buying your health insurance policy.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Opt for an insurer with a good claim settlement ratio\u00a0<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The claims settlement ratio is the number of claims that the<\/span> <a href=\"https:\/\/www.iffcotokio.co.in\" target=\"_blank\" rel=\"noopener\"><b>insurance company<\/b><\/a><span style=\"font-weight: 400;\"> has settled over the total number of claims it has received. A good claims settlement ratio would mean that policyholders are enjoying a smooth process when it comes to getting reimbursement. This is why you should always inquire about this ratio before buying a health insurance policy from an insurer. A good insurance company would always maintain their claim settlement ratio above 90%.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Compare insurance policy premiums<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">You should always compare the premiums that various insurance companies are charging for their health insurance plans. Based on your financial flexibility and healthcare needs, shortlist the <\/span><a href=\"https:\/\/www.headlineinsider.com\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">insurance<\/span><\/a><span style=\"font-weight: 400;\"> companies that are offering premiums that suit your budget. Keep in the mind the coverage you need before finally picking a plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We hope that these tips help you find the perfect health insurance policy that suits all your needs. All the best!<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you ready to take charge and manage things during a medical emergency? When we speak of medical emergencies, you might have the essential numbers on speed dial and might have planned your next steps; however, these are not the only things you need to worry about. The finances required to deal with such situations [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":867,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[394],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/posts\/866"}],"collection":[{"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/comments?post=866"}],"version-history":[{"count":1,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/posts\/866\/revisions"}],"predecessor-version":[{"id":868,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/posts\/866\/revisions\/868"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/media\/867"}],"wp:attachment":[{"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/media?parent=866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/categories?post=866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.domikyo.com\/wp-json\/wp\/v2\/tags?post=866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}