How To Save On Health Insurance Premiums

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How To Save On Health Insurance Premiums Powered By Docstoc
					How To Save On Health Insurance Premiums

Health insurance is one of those insurance policies whose demand has been
increasing steadily in the recent years. But, most people are not aware
of the benefits of health insurance. Medi claim works well for
individuals, family members, for groups as well as for senior citizens.
Senior citizens were earlier excluded from medical insurance policies
because of their high risk criteria, but recently they have also been
added in the Medi claim bracket.

But, a prospective buyer must take certain measures before buying a medi
claim policy.

These measures will help in saving on premiums while obtaining the same
level of benefit which is promised.

These measures include:

A medical audit on oneself will reveal the areas of concern and the areas
where there is a scope for improvement. In other words, by opting for a
health checkup regularly one can prevent diseases even before their
attack begins. This leaves with opting for low cost medical cover plan
which reduces the burden of high cost medical insurance premium.

If the buyer is married and has children, then he or she may opt for
medical insurance India policies which cover the whole family. Individual
policies will cost more in comparison with family health cover policies.
One should also look for those kind of medical insurance India policies
where the tax burden for health insurance can be minimized to the extent
possible. It is better to look for policies which provide an overall
cover for various diseases and treatments and shall also be fit smoothly
under tax benefit.

Under corporate employee medical cover scheme provided by a corporate
organization, sometimes might only qualify the employee and not the
family members. Under such conditions, the employee can opt for separate
health insurance scheme for the family and utilize the employee health
scheme for oneself.

One can also look for group health cover policies. Under these policies
the medical insurance premium will cost less in comparison to individual
and family group medi claim policies. Generally, Group Health Insurance
India policies are available for corporate employees. Availing health
cover under groups will decrease the medical insurance premium.

Today, people can also search for health insurance India policies online.
Searching for policies online can be a very good deal because, one can
find and compare medical cover policies under the above mentioned
categories such as individual health medi claim policies, family health
cover policies, group medical insurance India policies and senior
citizens health insurance policies. One can opt for these policies
depending upon the present and future needs kept in mind.

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