New Delhi: Buying a health insurance policy is one of the wiser ways to safeguard yourselves from the unexpected health hazards as against simply putting aside a fixed corpus. Any insurance policy be it a health, life or term, if seen from the perspective of investment do have their respective pros and cons. For those, who understands health insurance is only to cover the basic medical expenses, there are few amazing benefits associated with it, other than the hospitalisation expenses.
Domiciliary Hospitalisation
Health insurance policy covers the expenses incurred during hospitalisation but, what if a patient is not able to reach hospital or there is not a spare room in the hospital at the time of need. In such emergent and unexpected situations, a patient can avail the treatment at home, following the approval from the doctor. This kind of treatment is called as domiciliary hospitalisation and it may vary from amid different policy providers as some insurers provide it some don’t.
Organ donor related expenses
If there is a casualty whom the doctor has recommended a organ transplant such as kidney, liver, etc. The expenses with regard to organ donor may cost a hefty amount to the patient.
Free of cost health checkup
Health insurance policy do brings certain number of free health check-up in a calendar year. Generally, most of the insurers provide 3-5 free of cost health check-ups in a year.
Cash allowance for daily hospital requirements
During the patient’s hospitalisation, there are a number of expenses other than basic medications such as food, travel, etc. There are some health insurance policies which provides cash allowances to meet the daily hospital requirements.
Tax benefits
Last but nowhere the least, all the health insurance policy holders can avail tax benefits. Policy holders can claim tax benefits of up to Rs 55,000 under section 80D of the Income Tax Act 1961.
