Rohit Dahall, a 38-year-old Mumbai resident, faced a situation where his son underwent treatment for typhoid at a hospital in Mumbai. Mr. Rohit, initially, made a claim just for the hospital bill, overlooking the post-hospitalisation expenses that the policy offered. It was after one of our agents stepped in, and informed him about the claim that can be made for the amount spent on follow-up treatment and the medicines prescribed by the doctors.
It is very common for policy-holders to neglect a thorough reading of their policy-related documents, this causes them to be unaware of certain benefits that come with their policies. Some immediate benefits provided by health insurances are allowances for extended hospitalisations, ambulance expenses and per/post hospitalisation expenses along with many other such benefits.
It is important to be aware of what is covered under the policy you buy because these are meant to help one cope with the heavy expenses of healthcare facilities. Thanks to the wide coverage available with such policies, you and your loved ones don’t have to compromise on getting the best care you need.
To make the best of your premiums, here are some benefits of health insurance to keep track of:
Domiciliary Hospitalisation Expenses
Domiciliary Expenses are — These are expenses that arise when an individual is treated at home as per their doctor’s advice and because they are unfit for travel. If the duration of your treatment is at least 2 days and a maximum of 7 days, Chola MS can help cover these expenses.
AYUSH Coverage Expenses
These cover the cost of non-allopathic treatments (Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy) in case of an illness or bodily injury, for over 24 hours of hospitalisation. Chola MS covers for these treatments if they are taken in a Government hospital or in any institute recognized by the government and/or accredited by Quality Council of India/National Accreditation Board on Health.
Chola MS helps cover the costs of the policy holder’s treatments and also the hospital expenses of the organ donor for the harvesting of the organ in the case of an organ transplant.
When you renew your health insurance policies, you are entitled to certain benefits of health insurance such as complimentary checkups and cumulative bonuses. The number of benefits one experiences with health insurance policies is huge, but ones mentioned are often benefits that are under-utilised by policyholders. Being more aware of the benefits you are entitled to under your insurance policy helps you save a lot of money in the long run.
While there are multiple benefits of health insurance, the above-listed benefits are often under-utilised. You can save your money by being aware of these benefits.