Health Insurance India For Parents. A health insurance policy is a contract between the insurance company and the policyholder, wherein the insurer pays for the medical expenses incurred by the life insured.the insurer will either provide a reimbursement for your medical expenses or ensure you are eligible for cashless treatment for injuries or illnesses covered under the policy at one of the network hospitals. One of the main reasons for the low penetration and coverage of health insurance is the lack of competition in the sector.
Here are the factors you should consider while purchasing health insurance for parents: In india, the universal health insurance scheme aspires to do that and much more. Getting your parents covered can make their hospitalization.
One of the main reasons for the low penetration and coverage of health insurance is the lack of competition in the sector.
A health insurance policy is a contract between the insurance company and the policyholder, wherein the insurer pays for the medical expenses incurred by the life insured.the insurer will either provide a reimbursement for your medical expenses or ensure you are eligible for cashless treatment for injuries or illnesses covered under the policy at one of the network hospitals. The benefit covers you for rs. While most health insurance companies do offer health insurance policies to senior citizens, they come with a maximum age of entry caveat. Health care of late is very expensive and more than the disease itself, it is often the cost of treatment that takes its toll on our peace of mind.