Insurance plan

4 optional benefits to enhance your family medical insurance plan

When it comes to protecting your family, health care needs are at the top of the list. In the search for the right health insurance, you end up buying separate health plans for all members, making it difficult for you to manage your funds and policies. This is where optional perks come to the rescue. To meet the various medical demands of your family members, you can add different optional benefits to your family medical insurance.

Read on to learn more about how optional benefits can complement your family’s health insurance plans while still being affordable.

What are optional benefits?

As part of a health insurance policy, optional benefits are a set of coverage options that you may or may not add to your policy’s standard coverage. They help policyholders customize and enhance the policy to meet their personal medical needs and benefit from additional health services. For example, you can choose an optional worldwide coverage benefit if you travel frequently to different countries and might seek medical treatment outside of India.

Optional benefits differ from insurer to insurer and from health plan to health plan. You should note that you may receive any or all of the optional benefits available with your health plan by paying a slightly higher premium. The more optional benefits you add to your health coverage, the higher the premium you pay.

4 optional coverages to make your family insurance more valuable

Here are four helpful optional benefits you should consider adding to your family coverage:

The outpatient department (OPD) of any hospital witnesses the highest number of incoming patients. OPD is the main point of contact between patients and healthcare professionals in a hospital. It is the OPD service that assists the patient before directing him to the associated hospital unit. In addition, OPD offers other medical services such as disease diagnosis, medical tests, minor procedures, and surgeries.

Yet, many health insurers may not offer coverage for OPD expenses as this may invite frequent claims and for minor medical needs. Still, total OPD expenses, especially with a young family, can add up to high bills each year. That’s why it’s a good idea to add OPD coverage as an optional benefit to your policy (if it’s not included in your current policy). This will help your family bear doctor’s consultation fees, diagnostic fees, pharmacy bills and other immunization expenses.

  • Reduced waiting time for pre-existing conditions (PED)

One of the most important optional benefits – reduced PED waiting time – is preferred by most policyholders. Given the growing number of lifestyle diseases in people of all ages, it is highly likely that people will be carriers of some or other conditions in their early 40s.

However, as helpful as health insurance may seem, it would not allow you to apply for PED treatment unless you complete a specified waiting period of 4 years in general. For example, you can opt for an additional benefit that will help you reduce the waiting period for claiming the cost of treatment for a pre-existing condition. This is especially beneficial for older family members over the age of 40.

For people who mainly travel between countries, it is essential to secure the trip with adequate health insurance funds. However, most health insurers limit their coverage to treatment in their home country. The good news is that you can add an optional comprehensive coverage benefit to your individual or family health insurance. This will provide you with financial and medical assistance if you face medical emergencies abroad while protecting your funds and savings.

  • Unlimited auto-recharge

As a family, your health expenses are only increasing, given the sedentary lifestyle and soaring medical inflation. A standard 5 lakh family health insurance plan is most likely to run out in a single major health emergency. As a result, you will end up draining your savings towards other medical needs during a policy year. That’s why you need a policy that automatically tops up your face amount each time you use it up during a policy year.

Secure your family with personalized family medical coverage

Each family member has a different set of medical needs. If you are looking for a one-stop solution to cover all kinds of health expenses for your family, you should visit Care health insurance. One of the leading family health insurance providers, Care Insurance, helps you customize family floating coverages to suit your budget, needs and medical condition. The best part is their hassle-free claims process and higher claims settlement rate. So get the perfect coverage for your family with family health policies from Care Insurance.