How Right Health Insurance is Helpful in COPD ?
Radhika, a 38-year-old lawyer and a mum of two, was diagnosed with COPD (Chronic Obstructive Pulmonary Disease). Her husband was earning well and meeting most of their household expenses. Radhika was supporting her husband too. But, when she came to know about her illness, they both got tensed. Her doctor told them that her recovery would take time, and so do medication. They were wondering how they manage the on-going treatment expenses when they already have financial liabilities.
Thankfully, she had health insurance. She checked with the insurance provider and got to know that her treatment and medication for COPD will be covered under her health insurance. She was relaxed and started her treatment.
It is life, uncertain, and gives you surprises. As a human, you can only take precautions to safeguard yourself and your family against any uncertainty. Here, comprehensive health insurance plays a crucial role. In this article, read how the right health insurance is helpful in COPD?
Pre and Post Hospitalization Expenses Coverage
Your pre and post hospitalization expenses are covered in health insurance, whether it is an emergency or a planned hospitalization. It includes doctor’s fees, OPD charges, diagnosis, room rent, medicines, therapies, daily allowance, ambulance, etc. You get the claim either as a cashless facility or reimbursement. Therefore, you do not need to spend your hard-earned money and keep it for future purpose.
Immediate Cashless Hospitalization
With health insurance, you can go for immediate cashless hospitalization. You do not need to wait to arrange the cash. Also, you get an escape from getting into the cumbersome cash depositing formalities at the counter of the hospital. Therefore, you can start your treatment immediately without worry about cash.
Bear the Recurring Costs
Treatment of chronic illnesses requires long-term medication, diagnosis, doctor’s visits, and therapies. The rising costs can create a hole in your pocket. A comprehensive health insurance plan covers your recurring medical costs to ensure the best possible treatment in the present and even after retirement for better health.
Free Annual Health Check-Ups
It is an exclusive benefit that you get under health insurance. Your health insurance provides you full check-ups annually without charging any fee. With health insurance, you can save your lot of money on diagnosis and tests every year. The tests alarm you if there is any chance of COPD in the near future.
Under section 80 D, of the Income Tax Act 1961, premiums paid for health insurance for self, dependent parents, children, and spouse get the tax exemption up to Rs.60, 000. However, the taxable amount is subjected to your income and age, and it reduces your taxable income. So, you can avail of this tax benefit and save more.
Health insurance supports you financially in your tough time so that you do not need to be dependent on anyone. From diagnosis to medication, and therapies, all expenses will be borne by your health insurance provider. You can go ahead with your treatment worry-free and focus on your recovery without facing a money crunch.
You will be surprised to know that India ranks first in Chronic Obstructive Pulmonary Disease (COPD). This means that chances are higher that people affect the disease more in the coming years. So, it’s wise to invest in the right health insurance plan.
For financial security and better coverage check the plethora of health insurance policies offered by Religare Health Insurance. These policies cover your maximum healthcare expenses so that you can live healthily.