Health-Insurance

Health insurance is insurance that cover the cost of Medical and Surgical expenses of an Individual. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provided
Take heart surgery, the cost of which today could vary in the region of Rs 1.5 lakhs to Rs 3 lakhs.
Estimates reveal that a heart surgery performed today @ Rs 2 lakhs will cost over Rs 3.22 lakhs after 5 years. After 10 years it will be Rs 5.19 and Rs 8.35 lakhs after 15 years.
For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.
These essential health benefits include at least the following items and services:

Outpatient care

• the kind you get without being admitted to a hospital
• Trips to the emergency room
• Treatment in the hospital for inpatient care
• Care before and after your baby is born
• Mental health and substance use disorder services: This includes behavioral health treatment, counseling, and psychotherapy.
• Your prescription drugs.
• Services and devices to help you recover if you are injured, or have a disability or chronic condition. This includes physical and occupational therapy, speech-language pathology, psychiatric rehabilitation, and more.
• Your lab tests.
• Preventive services including counseling, screenings, and vaccines to keep you healthy and care for managing a chronic disease.
• Pediatric services: This includes dental care and vision care for kids.