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None of us like to get admitted into a hospital, but if need be and our health condition requires hospitalization, there is no other alternative. Once a patient gets discharged from the hospital, he or she has to pay a bill that comprises of various services and treatments availed during the hospital stay. One major portion of the bill is for the hospital room rent. Although the other parameters of the bill are claimed under a health insurance plan, claiming for a hospital room rent sometimes becomes difficult. To simplify this trouble, various health insurance plans come with a room rent capping. Now, comes the question, what is room rent capping in health insurance? This post aims to throw light on this aspect of health insurance. We will help you figure out whether the best health insurance plans have room rent capping or not.
Before we proceed with shedding light on room rent capping health insurance, we want you to first know what is capping in health insurance? Capping meaning in insurance refers to a limit. It is generally a fixed percentage up to which an insurer agrees to settle the health insurance claims regarding certain parameters. In plain words, capping refers to the maximum amount of coverage a policyholder can avail of under a health plan.
Now, coming straight to our main point of discussion, what do we mean by room rent capping in health insurance? Room rent capping when used with a health insurance plan is the maximum amount or the limit of room rent cost that will be settled by the insurance company. It is the exact figure stating the amount to be paid by the insurer as room rent expense according to the sum assured of the policy.
There are several types of room rent capping in health insurance offered by health insurance companies like:
The following chart will help you understand the average cost of room rent in hospitals across the country on the basis of the different zones. Have a look:
|Type of Hospital Room||Average Cost (Zone A)||Average Cost (Zone B)||Average Cost (Zone C)|
|ICU||Rs. 8,800||Rs. 8,400||Rs. 6,800|
|Private Ward||Rs. 5,200||Rs. 4,800||Rs. 2,300|
|Semi-Private Ward (On Sharing Basis)||Rs. 4,000||Rs. 3,000||Rs. 1,500|
|General Ward||Rs. 1,400||Rs. 1,200||Rs. 800|
As a piece of general advice for those looking for a health insurance plan, we advise you not to go for a health plan with a room rent capping. Here are some of the main benefits of buying a health insurance policy without room rent capping:
In case, you are still not convinced about the benefits of no room rent capping health plans. You can choose a health plan with a room rent capping. The following tips will help you buy the best room rent capping health insurance:
We assume you got the answer to what is room rent capping in health insurance plans? No hospital treatment can be availed without renting a hospital room. It is considered wise to go for a health plan with no room renting, as it removes the restriction and enables one to focus on the treatment and recovery. Whether it is with a room rent capping or without a room rent capping, do buy a health insurance plan to help recover your financial expenses for a health care need that requires a hospital stay.
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