Are you thinking of taking health insurance? First, know these 7 shocking facts that agents never tell! Save both your money and health—you must read this blog!
🩺 Do you know? What is health insurance? (Let me understand the basics first.) Health insurance is a financial tool that helps save you from financial stress during any medical emergency. After looking at the expensive hospital bills of today, it has become necessary to get the right plan. Because there are main types of health insurance: individual, family floater, group, and government schemes like Ayushman Bharat. It provides many services. ________________________________________
💸 Secret No. 1 – All plans do not “cover” everything!
They hide something or other, like Many people think that by taking one plan, all medical costs will be covered—not at all—but the truth is that every policy has its own exclusions and limits. Like dental, cosmetic surgery, or maternity benefits are not covered in all plans. Always read the policy document in detail. You should know what formalities they fulfill; you don’t have to take steps apart from that. ________________________________________________
🧾 Secret No. 2 – Low Premium = High Risk?
You don’t think that low premium is beneficial for us; it is like catching a fool.
You must be happy after seeing the cheap plan? Wait! Low premium plans have hidden restrictions like room rent limits, co-pay clauses, and disease-specific sub-limits about which you are not aware. All this may surprise you at the time of the final bill. I expect that you understand correctly.
________________________________________
🚨 Secret No. 3 – You don’t know the full details of pre-existing diseases.
If you already have any health issue like BP, diabetes, or thyroid, then every plan does not cover it immediately. It takes some time. Usually there is a waiting period of 2-4 years. Some plans even exclude lifetime. Like it is necessary to make a clear declaration of pre-existing diseases.
🕵️ Secrete 4—Agents are not the best for commission, but they sell expensive plans! Why?
The main focus of insurance agents is on commission, not your benefit. They often suggest such plans in which their cut is higher. Compare direct online plans; see how different the online plan is. Read reviews and buy only from IRDAI-registered platforms. Stay alert!
________________________________________
📊 Secret No. 5 – Claim Settlement Ratio = Real Truth
Claim Settlement Ratio (CSR) tells how many claims the company has actually approved. If the CSR is low, it means the company is an expert in rejecting claims! Always choose a company with a CSR of 95% or above. In which there is benefit to us, actually we take insurance for our own benefit, not for others. Check the data from the official site of IRDAI so that you can know the reality.
________________________________________
🏥 Secret 6—Hospital Network Matters More Than You Think! In short, hospital first.
During an emergency, health insurance is most important that your hospital come in network. Cashless treatment option is available only in network hospitals. Check nearby hospitals before beforeing out a policy—lest you face any problem in reimbursement later. I have experience till now; the agent does not declare this thing to you. If you know about this thing, then you can request an agent; if you do not know, then how will you ask him?
________________________________________
⏳ Secrete. 7 – Everything can change at the time of renewal!
definitely come. Premiums can increase at the time of renewal; coverage terms can also change. Some companies apply new terms that you do not accept in the beginning. So read every renewal mail carefully so that no one issues you at the end time.
________________________________________
🎯 How should we choose the best health insurance plan?
• Compare plans’ features, not just price.
• Check CSR, room rent limit, network hospitals, and pre/post hospitalization cover.
• Family floater or individual plan—choose according to your needs.
• Read terms and conditions.
___________________________________
💬 FAQs
Q1: What is the best age to get health insurance?
health insurance best age is,When you are young, the premium is the lowest and the coverage is maximum. So start early.
Q2: Is it safe to take an online policy?
Yes, absolutely, it is 100% safe to take it from IRDAI-approved platforms. Use trusted portals like Policy Bazaar and ACKO.
Q3: Is maternity cover automatically available?
No. Maternity benefits are mostly add-ons, and they also have a waiting period.
________________________________________
🛡️ Some Bonus Tips That Will Save Your Money:
• Annual premium together with extra discount
• Family floater plans are cost-effective in the long term.
• Tax benefits are also available under Section 80D.
________________________________________
📢 Call to Action:
👉 How is your health insurance plan?
Do tell us in the comments!
👉 Did you like the blog?
Share it with your friends and family!
If you want to know more about health insurance, then click here, which will provide you all the information. After this blog, I want to tell you to please tell me everything that I have tried to tell you through this blog so that you do not take any wrong decision by listening to the agent’s talk.