3 min read
Updated on Nov 17, 2022
Health insurance providers always try and come up with innovative new ideas to reward you. These ideas, besides giving them an edge over their competitors, also provide you value added services. Yes, you can find various benefits which insurance companies give that pay for your better health. Want to know what these services are?
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The first and the foremost thing which a health plan does is cover you for your hospitalisation expenses. Whether you fall ill or face an accident and are hospitalised, your health insurance plan takes care of your medical expenses. Thus, it helps you get the required treatments, recover and regain your health. In fact, post hospitalisation expenses are also covered under a health insurance plan. This coverage ensures that you get regularly monitored for your health even after being discharged from the hospital. Thus, your health insurance company pays directly for your good health.
Health insurance providers also motivate you to stay healthy. If you do not make a claim in your health insurance policy, you are rewarded with a no claim bonus. This bonus either increases your sum insured free of cost or gives you a premium discount. Given this feature, many of you try to take care of your health so as not to fall sick and make a claim.
Another way in which health insurance providers pay for your better health is by offering health-related discounts. Many health insurance companies have devised different types of premium discounts and benefits if you stay healthy during the policy year. In fact, one insurer gives you premium discounts depending on the number of steps you have taken during a policy year. Thus, these discounts help you stay in health as they tempt you with premium discounts and other gift vouchers.
This feature is also present in almost all health insurance policies. Your insurance provider arranges for a free health check-up annually or once in a block of 2-4 policy years. These health check-ups are available not only for you but also your family members if you buy a family floater plan. Through these regular check-ups, health insurance companies promote regular monitoring of your health. Through this monitoring you can find out if you develop any illness and can take precautionary steps to curb the same. Moreover, if the illnesses are detected in the early stages, it is also possible to cure them before they become chronic.
So, these are the different ways health insurance companies pay for you to stay in better health. Their health insurance plans not only cover the basic medical expenses which you might face, they also provide you the above-mentioned value-added services so that you can stay healthy.
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