What you need to Know about Network Hospitals and Cashless Policies
A medical insurance company might have over 7,000 network hospitals. And, for many, this number is enough to make an insurance decision. However, think of the possibilities. What if not even one of these network hospitals is located in your locality? Then, the policy isn’t much use, right? Instead, if a company offers only around 2,000 hospitals, and one is located just around the corner from your home; it works! Therefore, what matters more than the number of hospitals a company offers is having a network hospital close to where you live; accessible, when you need it the most. So, while selecting a health insurance plan, it is equally important to go through exactly what the plan offers, and then come to a decision.
Pressure Points about Network Hospitals
In this age of technology, finding out whether a policy includes a particular network hospital is rather an easy task. The company’s website allows you to search for hospitals closest to your location in just a couple of minutes. You will find that the hospitals will be segregated according to state and locality. If you cannot find the hospital you are looking for, you can call the medical insurance company for more help. Here are a few other things you should know about network hospitals…
- The first thing to check is whether your family doctor or a well known doctor comes within the network list. Usually, the first consultation for any condition is with the family doctor. So, if that doctor is part of the network, you will be covered right from day one.
- Simply knowing that the hospital is nearby isn’t enough. Also check about the quality of services, whether they have 24x7 emergency services, what specialties they offer, etc. This should also be an important aspect of your health insurance decision.
- Make sure to collect the cashless card from the company. It is it best to keep it in your wallet or car so that it is handy at all times. You never know when you might need it.
Why are Cashless Services Important?
Cashless hospitalization allows you (or the insured) to receive medical assistance without the need for upfront payment at the time of hospital admission. Also, make sure to carry an identity card at all times. Most hospitals require ID proof, before they allow cashless hospitalization. This option becomes extremely useful during medical emergencies, since it reduces the financial burden on the individual.
So, while making a decision to buy a health insurance policy, consider the network hospitals. Also, understand the depth of coverage; such as health care facilities and services available, before you make a decision.