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Some Ways To Save On Health Insurance Premiums
Some Ways To Save On Health Insurance Premiums
The rising cost of medical expenses in the recent years are putting a lot of pressure on people from all sides about where to get low cost treatment or what kinds of alternative treatments present for a particular health concern. This has been taking place due to the fact that many people these days are suffering from diseases whose incidence or prevalence was not as much as it is at present. For example, India has been becoming home for many diseases such as diabetes, hypertension, heart diseases, strokes, cancers, etc.
Few years back, people did not know much about diabetes or hypertension because the percentage of population actually being affected by these diseases was very less. But, as years progressed and changes have taken place in terms of our life style, food habits and other habits, diabetes and hypertension have become some of the very common diseases these days. Heart diseases and stroke follow. The rise of cancer has also been witnessed in the recent years. Many cases of lung cancer, oral cancer, breast cancer, cervical cancer have increased. Many reports from WHO and other international health organizations suggest that most cases of diabetes will come from India in the coming decade if the present situation continues. As we can see, the cost of treatment for one or multiple or any combination of these diseases can be a nightmare for even people from the well to do families and we can imagine the plight of common man in India.
This is perhaps one of the reasons why the concept of health insurance India has gained a lot of importance. Nowadays, many insurance companies are offering health insurance or mediclaim policies to the public. These health insurance plans have been acting as a shield against these diseases and their treatment. The health insurance companies have introduced health insurance India policies which are suitable to most people who come from all walks of life. But, in the recent past, even the cost of health insurance has also been rising. The rise has been due to the fact that most of the people who have bought health insurance policies start claiming for diseases.
The average amount of payments made by the insurance companies has been increasing and that is the reason why the cost of health insurance has been on the rise in India. On the other hand, by making educated guesses and assessments, one can actually decrease the cost of average health insurance. One can actually opt for health insurance India customization and compare health insurance plans. Health insurance customization involves assessment of self and family’s need for health insurance.
For example, we can imagine an average family with wife, husband, two children and elder parents. In this case, one can eliminate the possibility of diseases such as diabetes, hypertension, heart attacks, strokes for children. One can also eliminate congenital heart diseases in case of children because of the fact that during pregnancy and infancy such problems are diagnosed in most hospitals. Even statistically, the incidence of such diseases is low.
On the other hand, in case of elder parents, we can include diabetes, hypertension, heart diseases, strokes, cancer, arthritis, osteoporosis, osteoarthritis, Alzheimer’s disease, Parkinson disease and such other diseases which are usually associated with old age and also injuries. In case of wife and husband, an emphasis can be made because, they might be bread-winner for the family and hence, their health is more important. Depending upon the age of the wife and husband, one can include many such diseases. It is also emphasized to compare health insurance plans and opt for them from an early age when diagnostic results of major diseases is negative. This is because, once diagnosed of a disease or found to be potential of disease striking, in terms of the insurance company, the risk will increase and hence the cost of insurance will increase and the coverage will also decrease.
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