Types of Health Insurance Plans

Types of Health Insurance Plans

Health insurance plans are as given below

        -          Individual health insurance plan:

Individual health insurance plans have coverage of cashless hospitalization, amount reimbursement, coverage of financial expenses incurred on pre and post hospitalization. Individual health insurance plans comes with add-on to cover basic health insurance and other expenses at a very affordable premium fees.

 

        -          health insurance plans for family

family health insurance plans covers entire family under which defined sum insured is divided equally among each family members. With a family health insurance each member of the family covers the expenses of health under one premium.

 

        -          Senior citizen health insurance plans:

Senior citizen health insurance plans are meant for people of age 60 and above, health insurance for senior citizens covers pre and post hospitalization expenses, in addition to that it also covers tax deduction benefits and daycare procedures.

 

        -          Critical Illness Insurance plans:

In case of critical illness, the policy holder covers with the lumpsum amount defined in the critical illness insurance policy. Critical illness such as kidney failure, paralysis, cancer, heart attack and so on.

 

        -          Maternity health insurance plans:

The maternity health insurance plans cover the expenses incurred before and after the maternity period. Some maternity health insurance providers also cover the expenses of vaccination of a newborn baby. Maternity health insurance also covers the transport expenses from home to the nearest hospital.

 

        -          Personal accident insurance cover:

The personal accident insurance plan covers an expense incurred when the individual met with an accident and due to which the individual is disabled or in case of individual’s death. A fixed amount of benefit will be provided incase of loss of income.

 

        -          Group health insurance plans:

Usually, group health insurance plans are purchased by the employers for their employees. the health insurance offered by the employer covers hospital expenses of the employee and his family members including spouse, children or parents. As an employee you need not to pay health insurance premium.