Planning to get a super top-up health insurance plan is a step in the right direction. However, if you want the best overall protection in terms of inflation, access to quality medical care, and rehabilitation, you must choose the right plan. With so many insurance companies offering super top up plans, how do you pick the best one for you?
In this article, we will look at a few factors that you should consider when buying a super top up health insurance policy!
The Reputation of the Insurer
You should ideally start your search by narrowing it down to the best insurance service providers. Check customer reviews and look for telltale signs that give away how a service provider is fairing in terms of overall services being offered to existing policyholders.
Hospital Network of the Service Provider
The network of hospitals on an insurer’s network is of extreme significance. You need to compare which hospitals are covered under which insurer and choose the one that covers the best hospitals in your immediate vicinity. It doesn’t matter if they have the best healthcare providers if they are located far away. During an emergency, you need to have all nearby hospitals covered under the network to ensure timely medical attention.
Extent of Coverage
Check to see if the insurer has you covered for a plethora of diseases, including coverage of covid-19. Moreover, you also need to check if consumables are covered under the policy, and whether there are any caps on room rent. Choose a plan with no caps on room rent and doesn’t put a ceiling on how much you can claim for a particular procedure. In short, the extent of cover should be comprehensive enough to take care of all the expenses incurred during hospitalization.
Claims Settlement Process
Check if the insurance service provider offering the super top-up health insurance uses a third party to settle claims or has an in-house team to settle claims. Always opt for the insurer with an in-house team as that guarantees a faster claims process and you don’t have to spend time running pillar to post in times of emergency. You need the entire process to be smooth, not complicated. So, check for this important criterion before choosing your insurance policy.
Claims Settlement Ratio
This is by far one of the most important aspects that you need to check. Filing claims is one thing, but what’s the point if your claims are not honored when you most need them. Compare the claims settlement ratio across insurance service providers when buying a top- up Mediclaim plan. Lower claim settlement ratios should raise a red flag, whereas a higher percentage of claims settlement ratio should greenlight that insurance service provider.
If you are looking for a top up Mediclaim policy to further strengthen your existing health policy, then care health insurance has one of the best super top-up plans that is designed to complement your existing policy and further strengthen it by offering exceptional benefits in the form of cashless hospitalization across 19000+ hospitals across the country; coverage for pre-and post-hospitalization expenses; no caps on room rent and coverage for both consumables and non-consumables, etc. Moreover, they have one of the highest claims settlement ratios of 95.2%, making them one of the most reliable insurance service providers, and with an in-house claims process team in place, there are no third parties involved ensuring the fastest turnaround times on your filed claims.
Top-up Mediclaim policies are your shield against rising medical costs and inflation and guarantee access to the best medical care. Moreover, they act as a saviour when the sum insured under your existing policy is exhausted and you need further cover to continue cashless treatment. So, get a top-up Mediclaim plan as soon as you can, keeping the points in mind we discussed so far, to choose the policy that’s the best fit for you!
