Health Insurance: Your treatment in the hospital is not limited to the expenses incurred during the admission. Many costs like pre-medical checkups, doctor’s fees and medicines are often more than your hospitalization charges.
Health Insurance: Due to the corona epidemic, people are now understanding the importance of health insurance. Experts say that people have now started taking health insurance cover keeping in mind the expenses incurred in the hospital. There are many types of health insurance plans available in the market, so people should be careful in taking any plan and choose the right health insurance cover for themselves. This reduces the worry of hospital expenses to a great extent. Here we are telling you why it is necessary to take health insurance in today’s time.
insufficient savings
When it comes to saving money, Indians usually have a habit of it. But the question is, do we save enough for situations like medical emergencies? Most of the people invest their savings for better returns in future. There are many such serious diseases, in which lakhs are spent. There are many insurance policies in the market to deal with them.
FPI withdraws 28,243 crores from Indian markets so far in January, this is the reason
medical insurance
The scale with which medical expenses are increasing, has made it imperative to buy health insurance. Per capita medical cost has increased due to inflation. This is also known as the medical trend rate, which is at an all-time high. The forecasted medical trend rate will be 10%, while inflation will remain at 5%. Thus, the trend rate is increasing at twice the inflation rate.
Budget 2022: These decisions in the budget can give relief to the common man, know what are the expectations
hidden hospital cost
Your treatment in the hospital is not limited to the expenses incurred during your hospitalization. Several costs like pre-medical checkups, doctor’s fees and medicines often cost more than your hospitalization charges. In addition, diagnostic tests and post surgical/operative care may require an attendant to look after you for weeks/months. According to all these expenses, your total expenditure increases significantly. Health insurance plan covers a wide range of diseases. There are policies that take care of many aspects related to your hospitalization like pre/post hospitalization charges, medicines, medical checkups, and many more.
(Input- Tax Guru)
Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.
,