How do you get health insurance?

The Process of Acquiring Health Insurance

Haven’t got any health insurance yet? Confused how to get one? This is quite common among the new policy seekers. Check out these steps to learn how to apply for health insurance.

Step 1: Find out why you need health insurance.

You must know your need to identify the ideal insurance plan to protect your health. Needless to say, medical costs are increasing day by day. Everyone in the family must be insured so that you don’t have to go through a lot of financial strain.
If you are a bachelor and earning, insure yourself and your parents, even if you are insured by an employer. If you are married, get an insurance plan that covers your spouse, parents, and children (if any).

Step 2: Study family health history.

For others, go through their medical history, especially the elders, to determine what kind of insurance plan you need. Learn how to apply for medical insurance for pre-existing diseases in elders for better medical coverage.

Step 3: Set up a budget.

The next step is to set a budget for the annual premium. Remember, the more you add members to a single health insurance plan, the bigger the premium amount will be.

Consider the benefits you want and the premium it will cost. You will get a clear idea in the official portals of the leading health insurance services in India. Choosing a cheap plan will not always serve the purpose. Hence, consider your premium amount well to get all the benefits.

Step 4: Shortlist the names of top health insurance services in India.

Now that you have set a budget find the best health insurance services available. You can get this list by simply searching online.
Once you get a list, here is what you need to do.

Check the hospitals in the network of every insurance service provider on the list. Find out which hospitals in your location fall under their radar. Make sure the hospitals have speciality divisions to address various health conditions under a single roof.
Find out whether the insurance services cover leading doctors or not. These doctors can provide online consultations for primary diagnoses, and the expenses are covered.
Check the coverage type and capping of every option you have.
Compare the waiting period of all the medical insurance plans you can afford.
Find out the claim settlement time from the latest reviews to get an idea of the service quality.
Find out whether these plans provide add-on and incremental options if the coverage amount is depleted.

Step 5: Buy a health insurance plan.

After comparing the plans, choose a suitable one and buy it. Always go for a reputed health insurance service provider with more than a 95% claim-settlement ratio.

Know how to apply for health insurance in India like a pro and enjoy the coverage benefits.