Protect your health. Secure your finances.
What Medical Expenditure Does a Health Insurance Policy Cover?
What is Health Insurance?
Health insurance covers medical health care costs such as hospitalization, surgeries, diagnostics, and more. Unlike mediclaim, which only covers hospitalization, health insurance plans in India offer broader benefits, helping you manage rising healthcare expenses efficiently.
Why Is Health Insurance Important for Your Family’s Well-being?
With rising medical costs, having a family health plan protects your loved ones without financial stress. It also offers tax benefits under Section 80D and ensures access to quality healthcare when it matters most.
Tax Benefits Under Section 80D
Coverage of medical expenses
Lifetime Renewability Benefit
Why Choose Fincart as Your Health Insurance Planner?
How to Determine the Right Health Insurance Coverage for You?
Choosing the right health insurance starts with evaluating four essentials:
Age & Health Condition – Your stage of life and medical history shape coverage needs
Hospital Preferences – Costs vary widely; your choice impacts the plan type
Family Size – A family health plan can offer broader protection at better value
Budget – Balance affordability with benefits like zero waiting period health insurance
Fincart helps you make the right call by guiding you through these factors to compare health insurance plans in India and unlock tax benefits under Section 80D.
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What Medical Expenditures Are Covered Under Health Insurance?
Most health insurance plans in India cover a wide range of medical expenses, ensuring you’re financially protected during unexpected health events. These typically include:
1. Hospitalization Costs
Room charges, nursing, ICU, and surgery fees
2. Daycare Procedures
Treatments like cataract or dialysis that don’t require 24-hour admission
3. Diagnostic Tests
Blood tests, MRIs, scans, and other essential medical investigations
4. Ambulance Services
Emergency transport to the hospital
5. Doctor Consultations
- Pre-Hospitalization Expenses:
Covers diagnostic tests, consultations, and medications up to 30 days before you're admitted.
- Post-Hospitalization Expenses:
Includes recovery-related costs like medicines, therapies, and check-ups—generally up to 60 or 90 days after discharge. Some plans also offer coverage with a zero waiting period, helping you access benefits immediately—especially useful in family emergencies.
FAQ's
I already have a company policy. Do I still need an individual health insurance plan?
What’s the difference between mediclaim and health insurance?
What expenses are not covered under health insurance?
Can I include my entire family under one policy?
How do I make a claim and check its status?