health plan selection

When to Shift to Lower Deductible Health Plans? Smart Insurance Strategy

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💰 What Does “Lower Deductible” Mean in Health Insurance? A deductible is the amount you pay before insurance kicks in. Shifting to lower deductible plans means: Deductible Type Amount Range Best For High Deductible ₹25,000-₹1L Young, healthy individuals Medium Deductible ₹10,000-₹25K Families with kids Low Deductible ₹0-₹10,000 Seniors & chronic patients (Lower deductible = Higher premium, but … Read more

Adequate Sum Insured Matters – How Much Health Coverage Do You Really Need?

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💰 Why Adequate Sum Insured Matters? Having adequate health insurance coverage means your sum insured should cover: Rising medical inflation (12-15% annually) Advanced treatment costs Multiple hospitalizations Post-hospitalization expenses ⚠️ Risks of Under-Insurance Paying huge amounts from savings Compromising on treatment quality Claim rejection due to exhaustion of limit Stress during medical emergencies 📊 How to Calculate … Read more