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Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costs
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Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costsBy
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While you may not be able to curb the surging cost, there are various smart strategies, options and discounts, which if availed of, can lower the premium significantly. By availing of discounts and smart options, you can bring down the cost of health insurance.
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With Covid on the rampage and claims likely to shoot up in the coming months, health insurance premiums are predicted to rise. This may be a one-off reason, but have you wondered why you keep paying more for your health cover at renewal? Among the various factors, insurers are allowed to review and revise costs every 3-4 years while phasing out old products and introducing new ones, as well as due to the high health-care inflation. The other reasons for a premium surge are you
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Why health insurance is important during COVID-19 times - Explained
The COVID-19 pandemic has made us realise that future is uncertain, and medical emergency can take place anytime. So, to protect us from any medical emergency Health Insurance is must.
We all are following social distancing and taking health precautions, measures but along with precautions we need health insurance as well. Remember, health insurance is what every family needs not only during pandemic but for any medical issues we face in future as well.
âCovid has underlined the uncertainties that life brings along, the need to evaluate oneâs risks and have them covered by insurance. In India, we are facing the second wave which is more worrying. Throughout this pandemic, people secured by health covers were able to get back on their feet sooner. There is now an increased awareness especially about Health Insurance, says Pankaj Verma â Head (underwriting), SBI General Insuranc
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