Do you have a medical cover? Medical care insurances prove very useful in case of emergencies. Imagine yourself in a medical emergency, when you can take care of your loved one and at the same time, have to pay the hospital bills and take appointments from medical professionals. All you need during the crisis is a health insurance policy. However, with a medical care; you can expect better services, faster access to the hospital and doctors, and more peace of mind. Medical care is a contract between an individual and an insurance company. The policyholder pays off monthly premium and in exchange, the insurance company provides monetary and mental support in case of emergency.
Medical care: How it works: Medical insurance covers the insurance policyholder for every medical checkup and treatment. Some companies provide instant services while some providers pay after submitting the documents. In order to apply for the compensation, the policyholder has to claim to his insurance provider. An application form needs to be filled in by the policyholder. The application form should be attached with doctor's prescription and medical test reports. Followed by an investigation from the insurance company's end, the company will pay off your medical bills.
There are different types of medical care:
Preferred Provider Organization: Preferred Provider Organization or PPO is one of the managed Health Care insurances. The policyholder under this cover can get discounts on his plan. It offers a network of medical professionals and hospitals. The policyholder can choose his doctor and hospital from the network.
Health Maintenance Organizations: Health Maintenance Organizations or HMOs offer medical cover at a cost effective price. If the feasibility is the advantage of these plans, their limited range of precautionary measures is their disadvantages. The insurance provider will pay off the medical bills after every treatment or medical appointment takes place.
Full-service health insurances: This medical plan covers all types of illness. The policyholder can avail any medical treatment, to any hospital and from any doctor; he will get his medical expenses paid by his insurer.
Short-term health insurance policy: Short-term health insurance policy covers the policyholder for a certain period of time. This plan generally excludes critical situations such as pregnancy. These policies have strict qualifying procedures and for this reason, very few people can avail this plan. This policy excludes pre-existing medical conditions.
Medicare or Medicaid insurances: This types of medical care policy is designed for senior citizens. If you are retired or have very low income, you can qualify for this plan.
If you want to get the cheapest medical cover, you can consider catastrophic health insurance. These plans are basically built for the people, who have consisting medical condition and history of hospitalization.
source: http://business.mapsofindia.com/insurance/medical-care/
KU5ZUJ45PH7E
Medical care: How it works: Medical insurance covers the insurance policyholder for every medical checkup and treatment. Some companies provide instant services while some providers pay after submitting the documents. In order to apply for the compensation, the policyholder has to claim to his insurance provider. An application form needs to be filled in by the policyholder. The application form should be attached with doctor's prescription and medical test reports. Followed by an investigation from the insurance company's end, the company will pay off your medical bills.
There are different types of medical care:
Preferred Provider Organization: Preferred Provider Organization or PPO is one of the managed Health Care insurances. The policyholder under this cover can get discounts on his plan. It offers a network of medical professionals and hospitals. The policyholder can choose his doctor and hospital from the network.
Health Maintenance Organizations: Health Maintenance Organizations or HMOs offer medical cover at a cost effective price. If the feasibility is the advantage of these plans, their limited range of precautionary measures is their disadvantages. The insurance provider will pay off the medical bills after every treatment or medical appointment takes place.
Full-service health insurances: This medical plan covers all types of illness. The policyholder can avail any medical treatment, to any hospital and from any doctor; he will get his medical expenses paid by his insurer.
Short-term health insurance policy: Short-term health insurance policy covers the policyholder for a certain period of time. This plan generally excludes critical situations such as pregnancy. These policies have strict qualifying procedures and for this reason, very few people can avail this plan. This policy excludes pre-existing medical conditions.
Medicare or Medicaid insurances: This types of medical care policy is designed for senior citizens. If you are retired or have very low income, you can qualify for this plan.
If you want to get the cheapest medical cover, you can consider catastrophic health insurance. These plans are basically built for the people, who have consisting medical condition and history of hospitalization.
source: http://business.mapsofindia.com/insurance/medical-care/
KU5ZUJ45PH7E
