Top Benefits of Having Comprehensive Health Insurance

1. Wide Financial Security During Medical Emergencies
   Hospital bills are never exciting. Without insurance, you would be left paying out of pocket, possibly dipping into savings meant for your future.
   However, a comprehensive health insurance policy ensures that such emergencies do not derail your financial plans. It covers everything from pre-and-post hospitalisation to the ambulance ride that got you there. It even covers beyond hospitalisation. This includes daycare procedures, maternity expenses, OPD costs, AYUSH treatments, domiciliary hospitalisation costs, etc. In short, the best health insurance policy makes sure that all your medical needs are taken care of.
2. Extensive Coverage for Critical Illnesses
   Critical illnesses like stroke, cancer, and organ failure affect emotionally, mentally, and not only physically, but also financially. Treatments can cost lakhs, and without the right coverage, it is a burden no one must face.
   Many comprehensive plans offer coverage for critical illness. Depending on the chosen plan, they can also provide a lump sum payout to cover the exorbitant costs of treatment, post-care, or even a loss of income while you recover. This provides much-needed financial support for high-cost treatments.
3. Cashless Hospitalisation
   This is one of the most amazing benefits of health insurance plans. They offer cashless hospitalisation services at network hospitals. Instead of worrying about payments during emergencies, your insurance provider and hospital settle the bill.
4. Tax Benefits
   Section 80D of the Income Tax Act makes health insurance premiums eligible for tax benefits. This means you can avail up to ₹25,000 if you are below 60, and ₹50,000 if you are above 60 (senior citizen). This dual advantage of protection and savings makes health insurance a financially wise choice.
5. Easy and Affordable Premium for Young People
   One of the deadliest misconceptions regarding health insurance is that you don't need it when you are fit and fine. However, the benefits of health insurance can be extremely effective when you plan it early. When you purchase it while you're still young, you provide yourself with sufficient time to reduce the financial strain and spread out the premium over the years.
   Moreover, health problems do not come with age. And as you grow old, these issues may increase if not taken care of. Additionally, if you do not have a comprehensive health insurance plan in place, it will only add to the stress.
6. Access to Advanced Treatments
   This is by far the most important reason to buy a health insurance policy. Medical advancements nowadays involve a lot of modern equipment and treatment that could hurt your entire savings in one session. This could be anything from stem cell therapy to immunotherapy or robotic surgeries. Health insurance can offer coverage for these advanced and effective procedures so that they can be accessible to everyone.

Wrap Up

Increasing medical costs are becoming a matter of grave concern with each passing day. Today, one of the major causes of impoverishment includes out-of-pocket expenses. Due to a lack of savings/immediate cash, many people back off from getting the necessary medical care. This is why having a comprehensive health insurance policy becomes highly essential. Moreover, health insurance also offers early detection of illnesses via screenings, free annual checkups, physical exams, and blood tests. This reduces the likelihood of catching severe health issues and allows timely treatment and assistance.

However, all of this is only possible if you choose the best health insurance policy. With so many options out there, it might seem overwhelming. This is why platforms like Jio Insurance Broking make sure you pick the best and efficiently avail yourself of the benefits of health insurance. You can compare between different policies and choose the one that best fits your bill!

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