According to some studies done earlier, medical inflation in India is about 17 percent annually, much above general inflation. * Medical breakthroughs have made it possible to treat and cure many diseases. These benefits do not come cheap because the cost of the new technology is passed on to the patients. Thus, the case of buying health insurance cover is very strong.
But many of us hesitate to buy health insurance or continue to delay the decision. One reason for this may be that there are so many products on the market today that choosing the best suitable product becomes an overwhelming task, especially when you are not sure what features you should look for in a product.
Many of us also buy health insurance for tax benefits without thinking about whether the chosen plan covers us optimally. Let us discuss below the important functions / controls to look out for when purchasing health insurance:
Before proceeding to the checklist, it is important that we are convinced that we must have a separate health insurance even if we are covered by our employers. . Many of us can feel why spending unnecessarily when an employer with insurance cover is already in place. If you think so, consider the following points: