I think the greatest gift you can give to your family is healthy you & your family.
Every one of us knows how to stay healthy but here I am not talking about that. How many of us can predict future I guess no one .so what will you do in case of accidents, critical illness etc. How you are going to pay the bills in these cases. Answer to all these questions is health insurance which will help you in future.
Definition of health insurance benefits
Health insurance can be defined as the services that a health insurance company gives. Every health insurance company has different health plans .few you may like few you may not. Plans vary from company to company. Health insurance plans cover certain type of injuries or illness which helps you in paying less. To feel more secured you can spread out your coverage.
Health insurance benefits for single person are less than health insurance benefits of family. Health insurance of single person costs less than family health insurance as in single person health insurance there is only one person to cover whereas in family there are more than one person to cover.
How it works
The time you get the bills your health insurance comes into play. You have to submit the bill in the office of the health insurance company from where you get the health insurance (insurance provider).They are going to pay certain percentage of the amount as per the plan. The majority of the amount is paid by the insurance provider.
Things you have to think on before taking health insurance
Take into account your personal needs
Keep in mind the past accidents or injuries this will help you in taking the right plan
Family needs is also an important consideration
Health insurance benefits cover the following
First you should know that there are three types of health insurance
· Health maintenance organization (HMO)
· Point of service (POS) plans
· Preferred provider organization(PPO)
An HMO is monthly premium plan. A POS plan contains network of doctors i.e. if one refers you to another doctor the insurance will cover it but you will have to pay co-insurance. A PPO is quite similar to HMO.
The exact health insurance benefits are different from plan to plan. Most insurance companies have tiers of coverage. More coverage results in higher premium. Group of factors are responsible for raising and lowering of premiums.
There are other factors that can lower premiums as well, such as having a long record of good health, no life-affecting diseases, broken bones, or an array of other things. It’s important to ask your service provider about these factors.
Health insurance is must to have .They are going to lessen the burden on your pockets when you get sick. Health insurance provides your health assurance. Helps in living peaceful life forever and you will be well taken care of when you are sick or injured.
You can use the suggestions provided above before taking health insurance. I hope this really going to help you.