Health insurance is essential in today’s world where medical costs are rising rapidly. A health insurance policy covers hospitalization expenses, medical treatments, and sometimes even preventive care, reducing financial stress during medical emergencies.
What Is Health Insurance
Health insurance is a contract between you and an insurance company. You pay premiums, and the insurer covers your medical expenses according to policy terms.
Types of Health Insurance Plans
-
Individual Health Insurance
-
Family Floater Plans
-
Senior Citizen Health Insurance
-
Critical Illness Insurance
Key Benefits of Health Insurance
Health insurance provides:
-
Coverage for hospitalization costs
-
Cashless treatment at network hospitals
-
Protection against high medical bills
-
Tax savings
Why Health Insurance Is Important
Medical emergencies can happen anytime. Health insurance ensures you get quality healthcare without worrying about expenses.
How to Choose the Best Health Insurance Plan
Look for coverage amount, hospital network, claim settlement ratio, and policy exclusions before buying.
Conclusion
Health insurance is a necessity, not a luxury. Investing in a good health insurance plan safeguards both your health and finances.