how to choose a health insurance
DESCRIPTION
Confused about how to choose a health insurance and types. Why you need a health insurance Read on to discover insurance that suits your needs.TRANSCRIPT
Health Insurance
What is health insurance? Health insurance is a financial protection that you can
have against medical emergencies such as an injury or a disease
Health insurance covers (depending on plans):
Cashless treatments (through a network of hospitals)Hospitalization expenses including ambulance
chargesFree medical check-up (through a network of
hospitals)Critical illness/ Accidents/ Pregnancy
Most common types of health insurance services
HMO – Health Maintenance OrganizationPPO – Preferred Provider OrganizationPoS (Point of Service)High Deductible Health Plan
HMO – Health Maintenance Organization
Allows you to choose a primary care doctor from a network of healthcare providers
In case of specialist care, your primary care doctor will refer you to other specialists
No deductible Low cost and co-payment amount
PPO – Preferred Provider Organization
Allows you to have the entire network of healthcare providers at hand
Plus doctors outside the networkThere are some deductiblesDeductibles increase when you consult with doctors
outside the network. So does the cost!
PoS (Point of Service)
Allows you to choose a primary healthcare provider from the network
When necessary, you will be referred to specialists within the network
Shares the stipulations of both HMO and PPOLow premium but high deductibleDeductibles can be even more higher when you see
doctors outside the network. So do the copayment amounts!
High-Deductible Health Plan
High deductibles but the premium to be paid is lowNeed to manage the expenses incurred for routine
checkups on your own, until the deductible amount is met
Once the maximum deductible is met, you will start enjoying the coverage
Why take health insurance?
Health or medical insurance can help you out in paying large medical bills, which can take a toll on your future.
Thus, it secures your ‘now’ and future.
We live in a world full of surprises and we have to be wise enough to deal with situations that are extreme and
beyond our control.
After all, being forewarned is forearmed!
Where to find health insurance in UAE?
Gargash Insurance Services LLCOffice #305, 3rd Floor, Pyramid Centre,
Opp. Al Nasr Sports Club / Tas’heel, Umm Hurair RoadPO Box: 50251+971 4 337 9800+971 4 337 7888
www.gargashinsurance.com
Email: [email protected]