Compare Health Insurance

Your health insurance claims may also end up getting rejected if you choose a plan without much thought. The best way to compare health insurance plans is by visiting the different insurance websites and studying their health policies in detail. Try to understand all the terms and conditions, inclusions and exclusions, benefits and features offered, etc. Compare all of these points across the different health plans offered and then you can analyse which plan is the most suitable choice for you.

  2.Check all Plans From Home

When comparing plans online, you can check out all the plans from the comfort of your home. On the other hand, if you wish to check out health plans offline, you will have to visit the offices of different insurance companies, which will be time-consuming.

    3.Compare Health Insurance Plans at any Time

Insurance websites are operational all the time, 24x7. Even if you want to look for details about a particular health insurance plan at midnight, you can simply open the insurer’s website and check out the health plan’s information.

    4.Saves Money

Comparing health insurance plans online is completely free of cost. On the other hand, if you wish to compare plans offline, you will have to spend a lot of money on fuel/travel costs.

    5.Making an Informed Decision

With all the information about different health insurance plans at hand, you can make an informed decision about which plan to buy rather than choosing a policy blindly at the insistence of an agent.

• Insurance Provider 

When comparing multiple health insurance policies, it is a good idea to stick to renowned top health insurance companies with a good track record of claim settlement. Don’t get enticed by low premiums and fancy features. Instead, focus on insurance providers that offer good customer support and have a high claim settlement ratio.

• The Extent of Coverage Offered 

This is by far the most important area that you would have to focus on. Not all health insurance policies offer the same level of coverage. Some may provide extensive and comprehensive coverage, while others may only provide coverage for certain specific treatments or diseases. So, this is something that you should keep an eye on when comparing policies.

• Add-on Covers Available 

The add-on covers available can vary from one health insurance plan or provider to another. The greater the number of add-ons offered by the plan, the better, since it allows you to extend the scope of coverage beyond what’s offered by the base insurance plan.

• Sub Limits 

Sub-limits are essentially limits on certain specific coverage aspects. For instance, some insurance plans generally place sub-limits on outpatient procedures, covering only a fraction of the expenses incurred by you on such treatments. The higher the sub-limits are, the better. So, when you compare multiple plans, it is a good idea to focus on this aspect as well.

• Network Hospitals Covered 

When you undergo treatment in a network hospital, you become eligible for cashless claim settlement, where the insurance provider directly settles the claim with the hospital. This significantly reduces your financial burden. The more the number of network hospitals covered, the better the plan is.