The cashless Mediclaim Policy or plans provide cashless hospitalization facility to its policyholder. You do not have to arrange real cash to pay the bills if you have the best cashless mediclaim policy. Do you possess any cashless mediclaim policy? If yes, then it is very good, but if not, contact an insurance company and get the best cashless mediclaim policy as soon as possible.
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While taking the best cashless mediclaim policy, we will tell you what is to be taken care of and why it is necessary to have the best cashless mediclaim policy in this article below:
What Is A Cashless Mediclaim Policy?
A cashless mediclaim is basically a health insurance policy that provides its policyholders free hospitalization facility whenever it is needed. With the help of the best cashless mediclaim policy in India, you can get cashless treatment.
For instance, suppose you meet with an accident and people around you take you to the nearby hospital and admit you there. You may have to stay in the hospital for a couple of weeks or so. Consequently, you will have to pay a huge amount as the hospital bills. But in case you already have the best cashless mediclaim policy then you do not have to worry at all, as the company will take the responsibility to pay your bills.
Cashless mediclaim policy companies have tied up with several hospitals in the country. So when you take the best cashless mediclaim policy from a company, it gives you an ID card (identity card). In emergencies, you can get treatment by giving this card to any of the hospitals marked by the company.
Facts To Check Before Buying The Best Cashless Mediclaim Policy:
Here I have listed down some vital points that are to be kept in mind before you opt for buying the best cashless mediclaim policy for yourself or for your dependent children / dependent parents / spouse. Let’s check out the vital points below:
Check The Company’s Cashless Hospital List:
To avail cashless hospitalization facility it is very important that you look at the list of hospitals marked by TPA from time to time. It may be like while taking the policy, the names of the hospitals are in the TPA list of the company; however, when you need it then the hospital has ended with the associated TPA. Therefore, it is important that you keep checking the TPA’s website from time to time. Also, see which diseases are covered under the listed hospitals.
Check for the Exemptions:
While taking cashless mediclaim policy, you know the conditions and exemption given in it properly. Many times companies also give discounts to entice you. There is also the times when private hospitals issue higher bills.
So many companies such as New India Life Insurance, Oriental Insurance and United India Life Insurance have ended their affiliation with many private hospitals.
Cheek the Terms and Conditions
While taking any policy, first of all, check whether it is accredited by IRDA i.e. Insurance Regulatory and Development Authority. Therefore, you will get to know whether the insurance company is real or fake at the time of buying the best cashless mediclaim policy.
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Do A Little Research:
Before buying any insurance plan, one should always do a little research to end up having the best mediclaim policy. Most importantly, to research now you do not even have to rely on some agencies neither has to go to different company’s official branch. Now you can easily compare the policies online to know which one is the best cashless mediclaim policy to date.
Types Of Cashless Mediclaim Policy:
There are mainly two types of cashless mediclaim policy provided by the Indian companies:
- First one, in which you bear the cost of treatment and the company, then pays you later.
- The second one, in which the company directly pays to the hospital
What Is Excluded In The Cashless Mediclaim Policy?
There are some of the expenses which the insurance company will not cover under the best cashless mediclaim policy for the free hospitalization facility. Those exclusions are given below:
Visitor / Attendant fees
Expenditures for nebulizers, diapers, oxygen mask, etc.
Why Do I Need To Buy Cashless Mediclaim Policy?
Many people have this query in their mind that why do they need to buy the best cashless mediclaim policy! Well, to answer the question let me first ask you a humble question, “What’s the foremost thing a person do in case of all of a sudden hospitalization or medical emergency?”
Well, in maximum cases individuals go to their nearest ATM to withdraw cash. However, if the person can’t arrange cash immediately then the consequence leads the matter to delay in the initial of the treatment.
That is why, to avoid such situations, it is always advisable to buy the best cashless mediclaim policy when there is still time.
Best Cashless Mediclaim Policy
- Max Bupa Heartbeat
- Max Bupa Health Companion
- Apollo Munich Optima Super
- Apollo Munich Optima Vital
- Apollo Munich Optima Cash
- Apollo Munich Easy Health
- Reliance Health Wise Policy
- Reliance Health Gain Plan
- ICICI Lombard Health Care Plus
- Religare Health Care
- Religare Health Enhance
- Religare Health Joy
- New India Family Floater Mediclaim Policy
- New India Senior Citizen Mediclaim Policy
- New India Asha Kiran Policy
- Future Criticare Policy
- Future Generali Health Suraksha- Individual Plan