Health Insurance Policies
Adequate health insurance may assist alleviate the financial strain that might occur as a result of a medical emergency. Different insurance firms provide a variety of health insurance options. Choosing the proper one for yourself, on the other hand, maybe a challenging undertaking.
“One should choose the insurance that best meets one’s requirements and gives help in tough circumstances, such as hospitalization due to accident or sickness,” says Pankaj Arora, MD, and CEO of Raheja QBE General Insurance.
Here are some frequent exclusions for persons looking to get health insurance as a quick reference;
Pre-existing Illness
According to industry experts, this is especially true for persons who have been sick before purchasing health insurance.
“If one was suffering from a condition before purchasing the insurance, it is not covered on day one of the policy coverage,” Arora notes. Such situations are known as pre-existing diseases, and they are normally covered only after a 2-4 year or longer waiting time, depending on the kind of illness and its risk.
Pregnancy and Childbirth
A standard health insurance coverage does not cover conditions connected to delivery. This encompasses pregnancy and the illnesses that result from it, abortion, and any therapy that results from or is related to pregnancy.
“After a waiting period of 2-4 years, few health insurance plans give coverage (with a sub-limit) for pregnancy and childbirth,” explains Arora.
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Plastic and Reconstructive Surgery
Cosmetic surgery is primarily done to improve a person’s look and is not a life-threatening or health-threatening procedure. Cosmetic surgery is a personal choice that is entirely voluntary. Because it is not a requirement, all cosmetic operations are not covered by health insurance.
“Plastic surgeries are not vital medical procedures undertaken to protect an individual’s life,” says Arora, “and this is another reason why they are not covered by any health insurance.” However, in situations of accident or injury when plastic surgery is required, it is often covered.”
Dental Insurance
Dental issues do not often need hospitalization and are not covered by health insurance coverage. Having said that, dental care costs are only covered if they are incurred as a result of an accident.