Suitable health insurance for all

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Suitable Health Insurance For All
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You Think Youre Safe with Your Employers Health
Insurance? Think Again!
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• A corporate health insurance plan is meant
  to protect the employee from the burgeoning
  medical costs. In most organizations it is
  mandatory for employees to opt for this, and a
  certain amount of money is deducted from the
  salary towards this policy. The benefits of this
  policy can be availed when the employee or any of
  the covered family members are hospitalized.
  Although your employer provided health insurance
  may be the most affordable, it is not necessarily
  the complete solution for your health care needs.
  Here are some reasons why.

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• 5 Reasons Why Your Corporate Health Insurance is
  NOT Enough
• 1. Your Employer May Make Changes to Health
  Benefits
• Corporate health insurance is a perk that
  most companies provide. Your company may decide
  to make certain changes to the policy or modify
  it. In such case you might suddenly realize that
  you are left without sufficient cover against
  many diseases
• 2. Your Corporate Health Insurance May Not Offer
  Sufficient Coverage
• Not many employees bother to check the
  benefits offered by their employer. Companies may
  introduce restrictions on health covers to cut
  costs. Suppose you want to make more than one
  claim in a year, you may have to pay out of your
  pocket if your corporate health insurance is
  exhausted.
• Moreover, your employer-provided insurance
  will cover hospitalization only. But what if you
  were to suffer from a critical illness like a
  heart disease or cancer? The corporate insurance
  plan will not cover the high costs of treatment.
  This is why you should supplement your health
  insurance with a critical illness plan or a
  top-up cover.

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• 3. Employers Health Insurance May Not Cover Your
  Parents
• Employer provided health insurance usually
  covers employees, their spouse and children. The
  cover does not extend to the parents. So when
  your father or mother is hospitalized, you will
  have to pay out of your pocket and lose all your
  hard-earned savings. This can be avoided if you
  have a family floater policy or a separate senior
  citizen policy for your parents.

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• 4. You Lose your Job or are Between Jobs
• There are many people who suddenly find
  themselves without health insurance when they are
  switching jobs or when they lose their job. A
  medical emergency at that time can topple your
  budget completely.
• 5. You Do Not Have Health Cover After Retirement
• You have worked for corporates all your life
  and availed health insurance offered by the
  company. But what do you do when you retire?
  Buying health insurance in old age is not easy.
  Although insurance companies do have senior
  citizen plans, you may have to undergo medical
  tests, pay additional premium for pre-existing
  diseases and be subjected to compulsory
  co-payment features.

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• While there is no problem in availing
  inexpensive health insurance offered by your
  employer, you should take a standalone health
  cover which will help you in times of need.
• There are different types of health
  insurance policies to suit individual needs. To
  find the best cover for yourself, check out our
  health insurance plans.

Source from https//support.bajajallianz.com/supp
ort/you-think-youre-safe-with-your-employers-healt
h-insurance-think-again/
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• To Know more details http//www.bajajallianz.co
  m/Corp/health-insurance/health-insurance.jsp

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