Unicoins Assisting With Health and Medical Insurance in India
Health insurance is designed to take care of your medical expenses. There are several health insurance plans available today that ensure cashless treatment at a network hospital.
How it works: Unicoins has analyzed the different types of health insurance plans available today along with the additional benefits they offer. This enables us to guide you through the task of picking out a medical insurance plan that meets your requirements.
Various Health Insurance Benefits
Health Insurance plans these days cover a wide range of requirements, like covering an entire family under a single umbrella and so on. Here are the other benefits offered by individual, family and mediclaim group policy:
- Coverage against medical expenses (pre and post-hospitalization)
- Coverage for pre-existing diseases
- Tax exemption
- Coverage of outpatient department expenses
You will also come across companies offering group health insurance as well as standalone OPD plans. With ailments and illnesses becoming the norm, the best individual health insurance will protect you and your family and ensure that treatment expenses are taken care of.
These days, the question on why have medical insurance has become almost redundant with rising medical costs & expenses. Once you have picked out a medical insurance policy, you will be required to pay a premium to the insurance company. This will ensure that any medical expenses incurred will be covered by the insurance company. In some cases, you may have to pay the bills initially, but you will be reimbursed by the insurance company within a stipulated time. It is a good idea to read through and understand the terms offered by the mediclaim policy no matter how good it promises to be. This helps you to be aware of what is covered and what is not.
Family health insurance plans are designed to offer insurance coverage to your entire family under a single premium. In order to decide which health insurance plan is best for your family, you need to read the fine details of health insurance plans offered by different insurers. This is where Unicoins can help you out. With our years of experience and knowledge, we can help you find the best health insurance in India that works for you and your family.
Do the elderly need health insurance? Well, as you age, your medical expenses tend to increase. The best health insurance for seniors is the one that covers hospitalization charges including OPD expenses, in-patient expenses, pre and post-hospitalization expenses, day-care procedures as well as tax deduction benefits. Senior health insurance in India often covers people in the age group of 60 years and above. But to know and understand every health plan available cannot be practically possible. Unicoins can help you with that. We can give you each and every option that can give you the best solution across all players in the country.
Getting Medical Insurance Tax Deductions
If you want to know whether medical insurance is tax-deductible or not, well, it is. According to Section 80D of the Income Tax Act, 1961, the premium paid by you for health insurance for yourself and your family is eligible for a tax rebate. This health insurance exemption with respect to the premium is subject to the age of the insured. There are different health insurance exclusions depending on the premium you pay and the age of the insured people.
Book an appointment with Unicoins today and pick the best health insurance that can safeguard you and your family from unexpected medical expenditure.