What is the first thing you look for when searching for a health plan? If you said a low premium, you’ve made the same mistake most people do. People often find their insurance plan based on its affordability. Once they have found it, only then do they look at what the plan covers, with most of them choosing the most basic plan.

Answer this - when you’re in a restaurant, do you first look at the price of a dish or do you choose a dish that’s appetizing and then check if it fits your budget?

The same logic can apply to choosing a suitable health insurance plan. It’s important to first check if it covers all your needs. Even if it means paying a little bit more premium.

The coverage amount of your health insurance plan is what makes or breaks your choice. The right cover will cater to all financial and medical needs, and help in case of any emergency. Less expensive does not mean a better deal.

Coverage Amount – How much do you need?

If you couldn’t already tell, your health insurance coverage is the most essential factor in choosing the right plan. Your coverage amount ensures that all your medical needs are taken care of at any given point.

So, do you know how much cover you need?

No need to crack your head trying to figure that out, we’ve developed the SahiCover Calculator to help you accurately understand just how much health insurance cover you will require.

You must be wondering – “Why do I need a calculator for this? I can just do it myself.”. That’s a very valid point, but the problem is that most people often neglect the actual amount of coverage they need and don’t know how to estimate the gap.

Coverage Calculator – Sahi Cover, Discover

There are many calculators that help calculate the amount of premium you would require to pay for your plan. But in the sector of health insurance, calculators to help identify your cover are scarce.

As an industry breakthrough, our SahiCover Calculator is a revolutionary tool to help you choose the right cover for all your needs. It takes into account all aspects of your current lifestyle, from your health habits, exercise frequency, smoking/drinking habits, and your age to your family history and location. We’ll accurately analyze everything before suggesting the best coverage amount for you.

Follow the right approach, calculate your coverage amount and choose the plan that suits you best.

So, what are you waiting for?

Wondering about the tangible benefits of using the calculator? There are various benefits of health insurance coverage calculators including the following:

Introducing ManipalCigna Health 360 Rider that strengthens and gives you a 360-degree health insurance coverage. With the comprehensive range of ManipalCigna’s Health 360 riders, you get additional coverage that not just eases off your financial woes but also gives you and your family the complete protection. The rider comes in 3 variants:

So you have a very good health insurance policy in place for your family. But there are still some benefits not getting covered and you are spending from your pocket for medical expenses. How do you fix that?

ManipalCigna Health 360 is here for you! Introducing a range of riders to strengthen your health insurance policy coverage and give your family 360-degree health coverage. With the comprehensive range of ManipalCigna’s Health 360 riders, you get additional financial security that not just eases off your financial woes but also gives you and your family the complete protection.

Make your health insurance a complete Health Insurance with cashless OPD COVERAGE. Protect your finances from everyday healthcare expenses like doctor consultation, prescribed diagnostics & pharmacy expenses because health issues don’t escalate to hospital every time.

CHOOSE THE PACKAGE THAT BEST SUITS YOUR NEEDS:

KEY FEATURES

Disclaimer -OPD rider is available only on a cashless basis from the network providers of ManipalCigna Health Insurance Company Limited. Any unutilized amount under this benefit shall not be carried forward to subsequent policy year.

Key Features Of ManipalCigna Health 360 Rider

Health insurance policies are primarily about securing financial coverage towards medical aid for yourself and your family. It is a smart and prudent way to prepare for unforeseen medical events. Health insurance not only protects your finances but more importantly, gives you access to quality healthcare when you need it the most. However, despite a range of benefits offered, people find the health insurance claim-process tiresome, giving the entire policy bad press.

The method of getting the cost of the medical services that you have availed, covered, constitutes the health insurance claim process. A few guidelines can explain to you how to claim health insurance money when the need arises.

In essence, the major difference between the two is that in case of a cashless claim, your savings and liquidity remains unaffected.

STEPS FOR REIMBURSEMENT HEALTH INSURANCE CLAIMS

Conclusion

Unforeseen medical events are uncertain, and you never know when you’ll meet any of them. The prudent way of facing such circumstances is to get a suitable health insurance policy that helps you obtain financial coverage towards medical aid. A Mediclaim backup gives you financial assurance. If you ignore it, you may suffer from a severe financial crunch. However, if the health insurance claim process is tiresome, the insured members lose interest, leading to not availing benefits.

The demand for cashless health insurance is steadily growing. Below are the reasons why cashless health insurance is important to have:

Just ensure that the hospital you choose is present in the network hospitals of your insurer.

Below are the steps you must take to opt for a cashless claim:

To conclude

Earlier, the insurance buyers were intimidated by the financial jargon in the insurance policy; however, the situation is changing drastically. By scrutinizing every line, you can easily claim and settle their dues with the insurer. Claiming health insurance payouts by showing interest is easy, and needs just your attention.

Ever wondered why people say getting health insurance is one of the most important investments to make? In our latest episode of the Financial Vaccination podcast from ManipalCigna Health Insurance, we discuss this very topic with Author, Financial Coach and Co-Founder of jagoinvestor.com Nandish Desai on how health insurance can help you gain financial security and why a Rs. 1 Crore plan isn’t as far fetched as you may think!

Healthcare costs have gone up over the past few years, with the diagnosis and subsequent treatment of some diseases being unmanageably expensive. While the costs of hospitalization run in lakhs, post-hospitalization expenses at home are equally skyrocketing. Think of having to pay the entire sum from your pocket, and you will see your hard-earned savings hitting rock bottom. To avoid this, we must include health insurance while planning our finances. Opting for an affordable health plan should the foremost priority though the focus must be to choose an adequate health cover that would take care of all our medical expenses. Buying a health policy at an early stage means more cover at low premium charges along with better chances of navigating the waiting period seamlessly.

Lifetime renewability: There is a misconception that health plans serve you only for a year. But, most health insurance plans come with a lifelong renewability feature. That means that you can renew the health insurance plans for yourself and your loved ones lifelong sans any maximum renewal age limit. Since the aged are more prone to deteriorating health problems, necessitating treatment, a health plan serves best to meet the medical expenses otherwise borne from one's pocket.

In this podcast from the Financial Vaccination series hosted by ManipalCigna Health Insurance, Mr. Amit Chhabra,  Business Head at Policybazaar.com—instrumental in showcasing an  impressive turnaround for the health insurance business unit and making  Policybazaar.com a one-stop-shop destination for all online health insurance needs—speaks on the many benefits of holding a health  insurance policy.

At some point in life, most people would need medical care. Even if  you are in fine health right now, health insurance can come to your  rescue when you most need it. Unforeseen medical emergencies such as  injuries, diagnosis of an illness, accidents — don't come with warnings.  Hence, having health insurance not only preserves your health but also  secures your financial position.

Mr. Amit Chhabra gives you an insider look into the many benefits of having a health insurance policy, critical to upholding your health,  treating illnesses and accidents.

Finding and purchasing health insurance plans can be a tricky matter if you are unaware of what goes into it. In our second podcast of the financial vaccination series, Mahavir Chopra, founder and CEO of Beshak.org, informs on some of the simple do's and don'ts when buying, renewing and filing claims on a health insurance policy.

There are many benefits to group health coverage provided by your employer. But certain circumstances may require you to purchase your own health insurance plan. In our fifth podcast of the Financial Vaccination series, Mrin Agarwal, financial educator, licensed financial advisor and founder of Finsafe, highlights the need for having individual health coverage in addition to your employer group plan.

Group health insurance: This form of employee coverage is explicitly designed by organizations to be purchased for their employees. A group health insurance plan is provided based on an employer's financial strength and is valid for an employee only until his/her employment.

The ongoing pandemic has pushed health and health care to the top of people's hierarchy of needs. In this podcast, Deepti Bhaskaran, a renowned personal finance journalist, recommends critical steps, tips and insights for women to be financially secure, beginning with health insurance.

Health insurance is an expense that makes for a great investment. From a financial standpoint, buying health insurance reduces your tax liability, and the premium you pay qualifies for a tax deduction. But medical expenses have a surprise element — they  come unannounced and can be catastrophic that can significantly impact your net worth. So, having insurance pay for unforeseen or high-impact expenses is an investment you need to put on high priority.

Ms Bhaskaran believes it is important to have a strategic approach when buying health insurance. Here are some points she recommends to keep in mind:

Women are primarily underinsured because of their representation in the workforce. Also, women tend to view health insurance as a financial matter and therefore entrust this task to their spouse or parent. But since medical emergencies come unannounced and do not pick a gender, it's time for women to take health insurance