With an increase in diseases and disorders, mainly due to lifestyle choices, people are increasingly inquiring about instruments that mitigate these health-related expenses.
Mostly, people weigh the mediclaim vs health insurance debate to pick one. But now, there’s one more option — the Bajaj Finserv Health EMI Network Card. Here are some things you should know.
Pre-existing health problems
Most health insurance companies have a clause where they mention their list of pre-existing health problems that would be covered. Pre-existing health problems can be anything, from a heart disease to diabetes to a partial disability. Therefore, before applying for health insurance, one needs to be careful to check that their pre-existing medical conditions are covered. If not, then that should be a major concern because even treating diseases like diabetes can burn a hole in your pocket. However, there are also instances where the pre-existing conditions are not covered for 24 to 48 months after you purchase the first policy. This can be equally gruelling to deal with.
But with the Bajaj Finserv Health EMI Network Card, this is not the case. All treatments, including those for your pre-existing medical problems, are covered by the health card.
Disease Capping
Most regular health insurance policies offer a cover of Rs. 4 or 5 lakhs. But they also include a feature called “disease capping”, which might restrict the maximum payout for a specific set of illnesses to an amount much lower, say, Rs. 1 lakh. These kinds of restrictions might be tough to deal with, especially during a health crisis. The Bajaj Finserv Health EMI Network Card, on the other hand, covers all your medical expenses without question. There are no demarcations with respect to your approved limit.
Diagnostic expenses
Health insurance plans do cover some medical expenses, but they often leave out diagnostic bills. This can include a dozen blood tests, CT scans, MRIs etc., which can indeed put a huge dent in your savings. The Bajaj Finserv Health EMI Network Card makes sure to cover everything under your treatment, including diagnostic bills.
Maternity care and cosmetic care
Usually, maternity care is not covered in most health insurance plans. And considering how much a C-section would cost in a good hospital, it can actually burn a hole in your pocket. A general C-section would cost around Rs. 20,000, while complications during childbirth can amplify that number to around Rs. 50,000. Plus, let’s not forget the pharmacy bills that add up. In such a scenario, the Bajaj Finserv Health EMI Network Card covers all your childbirth and post-childbirth expenses, and lets you pay for them in easy EMIs.
The same goes for cosmetic treatments. Cosmetic surgeries can be pretty expensive, and with no health insurance companies covering it, people requiring cosmetic treatment are often left in a tough position. Once again, the Bajaj Finserv Health EMI Network Card is there to cover your cosmetology expenses.
Co-payment
A lot of health insurance providers also have a clause for “co-payment”, meaning the policyholder is bound to bear a percentage of the total expense. This, as it looks, is definitely a disadvantage. But the Bajaj Finserv Health EMI Network Card has no such policy. All your medical expenses are entirely paid for, without you needing to contribute anything.
Apply for the health card from Bajaj Finserv today to get a simple, one-stop solution for all your medical expenses. The health card pays for all your hospital, pharmacy and diagnostic bills, and for a wide range of treatments ranging from eye care and dental care to cosmetic surgeries and hair transplants. You can later pay for the expenses in the form of easy, monthly EMIs.
