Having Health Insurance is crucial, as it helps maintain financial stability, which provides peace of mind. However, it is also essential that you buy sufficient coverage. A primary health insurance policy might not be adequate for you, as the coverage that it provides won’t necessarily suit your needs. In cases like these, you can go for additional coverages, also known as riders.
Mentioned below is a list of add-ons you can opt for:
- Maternity Benefits
If you want to avail coverage for maternity benefits, a waiting period might be applicable. After this, any treatment that is related to childbirth, pre and postnatal care, coverage for a newborn baby is included in this rider. Buying this rider will lead to an increase in the premium amount of the base policy by a certain percentage depending on your insurance company.
- Room Rent Waiver
Under a basic health insurance plan, the room rent is capped up to a certain amount. If you wish to stay in a costly room, then you must pay the difference on your own. By using room rent waiver add on, you can get a higher sub-limit or no sub-limit. This will help your insurance company for paying the room’s rent, no matter what type of room you choose.
- Daily Cash benefits
If you purchase this particular add-on, you will get a daily cash benefit on being admitted for at least 24 hours. The amount paid will depend on your insurance company. However, if you are suffering from any critical illness and are hospitalized, then the daily cash amount might be more. You can use the amount for taking care of things such as buying medicines or managing other such medical expenses while you are in the hospital.
- Critical Illness Cover
This add-on cover pays a lump sum amount. The amount here is paid if you are diagnosed with a critical illness. Illnesses such as cancer, massive heart stroke, brain tumor or multiple sclerosis come under critical illness insurance. If you have a family history of such diseases, then you must opt for this rider.
- Top-up and Super Top-Up
In case of medical emergencies, these plans provide additional financial support. Top-up and super top-up plans work when the limit of the base plan gets exhausted. If you feel that your basic health insurance coverage isn’t enough, then you must go for top-up plans.
Let us now see what a basic health insurance policy covers?
It all depends on what type of health insurance policy you’ve chosen. However, you will be financially covered for the following:
- Pre-existing diseases
There are chances that you are already suffering from a medical condition before buying a health insurance plan. If you want to get a pre-existing condition added under health insurance, then a waiting period will be applicable.
- Surgery
A health insurance policy covers surgery and hospitalization that arise from a medical condition. To be specific, the cost of pre and post hospitalization, including the following are included:
- Rent for room
- Expenses of Nursing
- Charges for ICU
- Visiting Doctor
- Fees for Anesthesia
- Testing blood
- Oxygen cylinder
- Surgical appliances
- Drugs and medicines
People mainly buy health insurance to get financially covered in case of any medical emergencies. If you don’t feel that your basic plan is sufficient, you can purchase additional coverages. To make the process of buying a policy easy, you can go for online purchasing. Like this, you can review every aspect of the online health insurance policy and choose the best coverage under an individual or family floater health insurance policy.
