Why do you need health insurance?
In times when we are so badly surrounded by our everyday activities and can barely make time for ourselves. We often tend to look for restaurant deals in Pakistan 2019 online so we can save ourselves from the hassle of returning home only to do dishes and cook for yourself. Well, GoSpark has your back with a variety as they offer a variety of discounts on food items, fashion, beauty and health centers online like Karachi National Hospital.
It really becomes tiresome. After a day of 9 to 5 work, all you really require is a plate of scrumptious food that you can wholly devour and then hit your bed.
Health insurance is the type of insurance that covers the medical and surgical expenses that are incurred by the insured. Health insurance solves the problem of income protection if an employee falls ill for a long period. It helps him to pay off his medical bills. In countries that do not have universal health care coverage like the USA, health insurance is usually added to employee benefits packages and is seen as an employee perk. Health insurance is a way to pay for your health care. It saves you from paying the full cost of your medical expenses when you’re medically unfit. Just like car insurance or home insurance, you plan and agree on paying a certain amount of money to the insurance company every month.
Health insurance is your basic right. In some countries like Canada and England, it is provided by the state. There are many benefits provided by health insurance. Let’s see how we can benefit from it.
What does health insurance provide you with?
Every insurance company is unique in what coverage they provide and how they provide it. However, preventive care is offered by most insurance companies. It’s alright to have queries while deciding on taking up health insurance, these benefits might help you in making your decision.
1. Tax Benefits
Health insurance can give you huge tax benefits. The premium paid for your health insurance for yourself or any of your family member is eligible for deduction from your taxable income.
2. Maternity and newborn care
Maternity benefit is amongst the top ten health benefit that must be covered by all health insurance companies. This gives a great advantage to families expecting a child for covering all medical expenses.
3. Daily Hospital cash allowance
Your health insurance properties take care of the cost of hospitalization. Some health insurance policies also provide coverage for your cost incurred while traveling to the hospital. The food and drinks and medicine prescribed by the physician, all such costs are covered as well. These costs add up to a substantial amount as well.
4. Attendant Allowance
Some child health insurance companies offer a fixed allowance if your child is less than 12 years or between that age group and is hospitalized, in this case, health insurance companies give you a cash amount for one adult who accompanies the child.
5. Outpatient care
Some health insurance companies also provide non-patient care. It is the kind of care you get even when you’re not admitted to the hospital. It also covers pediatric care that includes dental and vision care for your kids.
6. Support service and treatment
Health insurance also provides you with mental health care. It offers psychotherapy, behavioral health treatment, and counseling.
7. Care for chronic treatments
Chronic treatments are very expensive. Health insurance provides you care for managing chronic conditions like diabetes, cancer, and heart diseases.
Health insurance is the basic right of every citizen. It is the planning, in the long run, to secure your health and take care of your medical expenses even when you’re hospitalized. It provides free preventive services to keep you healthy and in shape. Preventive services like counselling and vaccines are very helpful.