Best Health Insurance Company in India

Need, Significance and Benefits of Having a Health Plan

19 April, 2023

0 Shares

375 Reads

Health Insurance Plan

Share

In the modern world, where medical expenses have skyrocketed, a health insurance plan is more important than ever. It can be challenging to manage the costs associated with healthcare if you don’t have a plan in place. The best health insurance plan can provide peace of mind and protect you from unexpected medical bills.

 

Health insurance plans in India are a growing industry with numerous private insurance companies and government-sponsored health insurance schemes. Healthcare insurance plans can provide coverage for hospitalisation, surgeries, pre and post-hospitalisation expenses, critical illnesses, daycare procedures, and more. There are plans for individual needs, critical illness-focused and family insurance plans.

 

This blog will discuss what is health insurance, its need, significance, as well as benefits.

 

Need of a Health Plan

Before getting to know the need for a healthcare plan, it is necessary to understand what is health insurance. Healthcare insurance is a type of insurance that covers the cost of medical care. It helps to pay for medical expenses related to illness or injury and may also cover preventive care such as vaccinations, check-ups, and doctor visits. Health insurance can be provided through an employer, purchased directly or through a government program such as Medicare or Medicaid.

 

Having the best health insurance plan is essential to receive quality medical care. Without a plan, individuals and families can find themselves without access to the necessary care. A medical plan can also provide peace of mind, knowing that you and your family can access quality care if they become ill or injured.

 

Significance of a Healthcare Plan

A health insurance plan can help you save money on medical expenses. Many health insurance plans have lower costs for preventive care, such as annual physicals, immunisations, and screenings. Preventative maintenance can help you avoid expensive medical bills in the future.

 

Another significance is that it can provide financial protection in an emergency. If you are injured or become ill and require medical attention, an insurance plan can help cover the cost of care. Without a plan, you may be responsible for the entire cost of medical care, which can be financially crippling.

 

Benefits of a Health Policy

Most significant advantage of having a healthcare plan is that it can provide access to a wide range of medical services. Most plans cover routine care, such as doctor visits, immunisations, and preventive care. In addition, many plans provide coverage for speciality care, such as mental health care and physical therapy. Other benefits are:

 

  • Improved access to healthcare: The best health insurance plan allows you to access a range of healthcare services covered by the plan, such as doctor’s visits, lab tests, imaging, and prescription drugs.
  • Lower out-of-pocket costs: These plans usually offer some cost savings, such as lower copays or coinsurance, which can help reduce the costs of medical care.
  • Preventive care coverage: Most plans cover preventive care services, such as regular physicals, screening tests, and vaccinations, which can help you stay healthy and catch potential medical problems before they become serious.
  • Financial protection: A medical plan can help protect you from large, unexpected medical bills.
  • Flexibility: Many plans offer a variety of plans and options to meet different needs, budgets, and preferences.
  • Improved health: A medical plan can help you get the care you require to stay healthy and manage chronic conditions.
  • Access to prescription drugs: A healthcare plan can also provide prescription drugs. Many plans cover prescription drugs, so you don’t have to worry about the cost of expensive medications.

 

A healthcare plan is essential to receive quality medical care. It can also help you save money on medical expenses, provide financial protection in an emergency, and provide access to a wide range of medical services. Finally, it can provide peace of mind, knowing that you and your family can access quality care if they become ill or injured.

Start Your Insurance Today!

Secure your Health with comprehensive insurance plans from Niva Bupa

+91
Disclaimer infoBy clicking Start Now, you authorize Niva Bupa to Call/SMS/Whatsapp on your registered mobile overriding DNCR.

You may also like

Popular SearchesHealth InsuranceMedical Insurance Best Health Insurance PlansHealth Insurance PlansHealth Insurance PolicyBest Health Insurance PlansBest Family Health InsuranceBest Mediclaim PolicyBest Health Insurance In IndiaBest Medical Insurance In IndiaBest Health Insurance Plans In IndiaBest Health Insurance Policy In IndiaMediclaimBest Health Insurance For Senior Citizens In IndiaBest Health InsuranceHealth Insurance With Opd CoverMediclaim InsuranceMedical Insurance PlansBest Health Insurance Company in IndiaCritical Illness InsurancePersonal Accident InsuranceMediclaim PolicyIndividual Health InsurancePregnancy InsuranceMaternity Insurance | | Best Family Health Insurance plans in IndiaBest Health Insurance companyFamily Health InsuranceBest Health Insurance plans for Senior CitizensMediclaim Policy for Family

 

Health Insurance SchemesChief Ministers Comprehensive Health Insurance SchemeEmployee State Insurance SchemeSwasthya Sathi SchemePradhan Mantri Matru Vandana YojnaGovernment Health Insurance SchemeDr. YSR Aarogyasri SchemePradhan Mantri Suraksha Bima YojnaHealth Insurance DeductibleWest Bengal Health SchemeThird Party AdministratorRashtriya Swasthya Bima YojanaIn Patient Vs Out Patient HospitalizationMukhyamantri Chiranjeevi YojnaArogya Sanjeevani Health InsuranceCopay Health InsuranceCashless Health Insurance SchemeMukhyamantri Amrutum Yojna

 

Travel Insurance PlansTravel InsuranceInternational Travel InsuranceStudent Travel InsuranceTravel Insurance USATravel Insurance CanadaTravel Insurance ThailandTravel Insurance UKTravel Insurance GermanyTravel Insurance BaliTravel Insurance VietnamTravel Insurance DubaiTravel Insurance SingaporeSchengen Travel Insurance

 

Top Hospitals -  Best Hospitals in ChennaiTop Hospitals in DelhiBest Hospitals in GurgaonBest Hospitals in IndiaTop 10 Hospitals in IndiaBest Hospitals in HyderabadBest Hospitals in KolkataBest cancer hospitals in BangaloreBest cancer hospitals in HyderabadBest cancer hospitals in MumbaiBest cancer hospitals in IndiaTop 10 cancer hospitals in IndiaTop 10 cancer hospital in DelhiMulti Speciality Hospitals in MumbaiMulti Speciality Hospitals in ChennaiMulti Speciality Hospitals in HyderabadSuper Speciality Hospitals in DelhiBest Liver Hospitals in DelhiBest Liver Hospitals in IndiaBest Kidney Hospitals in IndiaBest Heart hospitals in BangaloreBest Heart hospitals in IndiaBest Heart hospitals in KolkataBest Heart hospitals in Delhi


OthersTop Up Health Insurance PolicyCorporate Health InsuranceHealth CardSection 80d of Income Tax ActAyushman BharatHealth Insurance PortabilityGoActive Family Floater PlanHealth Companion Family Floater PlanHealth Premia Family Floater PlanHealth Pulse Family Floater PlanHealth Recharge Family Floater PlanHeartbeat Family Floater PlanMoney Saver Family Floater PlanSaral Suraksha Bima Family Floater PlanSenior Citizen Family Floater PlanSuper Saver Family Floater PlanCorona Kavach Family Floater PlanHospital Cash InsuranceCashless Health InsuranceHealth Companion Price revision | Heartbeat Price revision | ReAssure Price revision 

 

COVID - OmicronCoronavirus Health InsuranceCovid XE VariantNorovirus

footer logo
Some image

www.nivabupa.com

Some image

+91 11 41743397

Some image

1860-500-8888

Some image

14th Floor, Capital Cyberscape, Sector 59, Gurgaon

  • Insurance is a subject matter of solicitation. Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) (IRDAI Registration Number 145, Category:Health), 'Bupa' and 'HEARTBEAT' logo are registered trademarks of their respective owners and are being used by Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) under license. CIN: U66000DL2008PLC182918
  • 1 Niva Bupa processes pre-authorisation requests within 30 minutes for all active policies, subject to receiving all documents and information(s) up to Niva Bupa’s satisfaction. The above commitment does not include pre-authorisation settlement at the time of discharge or system outage.
  • 2 Since Inception refers to claim data from 2010 till December 2023.
  • 3 ReAssure 2.0 Premium: The premium is including taxes and for Bronze Variant, for a 25-year-old individual living in Delhi.
  • 4 Aspire Premium: The premium is including taxes and for Gold+ Variant, for a 25-year-old individual living in Delhi.
  • 5 Senior First Premium: The premium is including taxes and for Gold Variant, for a 65-year-old individual living in Delhi.
  • 6 Health Premia Premium: The premium is including taxes and for Silver Variant, for a 25-year-old individual living in Delhi.
  • 7 SmartHealth + Disease Management Premium: The premium is including taxes and for Disease Management Gold Variant rider when bought with ReAssure 2.0 Bronze variant with Base Sum Insured of 5 lacs, for a 25-year-old individual living in Delhi.
  • Beware of spurious / fraud phone calls! Do not share your confidential information like Debit / credit card number, Internet Banking User ID/Password, Pin, CVV, OTP, etc. with anyone. Avoid clicking on attachments / payment link received in mails / message from unknown sources. IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment or premium. Public receiving such phone calls are requested to lodge a police complaint. Do not respond to unsolicited and attractive offers received through unidentified calls, emails, SMSs, and other social media platforms. Beware of misleading telephone calls from people posing as Niva Bupa officials, agents, IRDAI Officials, Officials from ECI (Office of the Executive Council of Insurers) etc. and offering alluring benefits or sharing false information on your policy or on Niva Bupa. Niva Bupa shall not be responsible for any loss or damages whatsoever for any acts or omissions arising out of such spurious calls, and all customers are advised to contact our customer care at 1860-500-8888 and verify any representations or promises made by any such spurious callers before acting upon the same.
Social IconSocial IconSocial IconSocial IconSocial Icon