Top-up covers work on the deductible sum insured concept. Deductible amount means the amount which you have to pay first so as to trigger the top-up cover. You can pay this deductible amount from your existing / base health insurance policy, or out of your own pocket.
You may be the boss, but great bosses listen, especially when it comes to employee health insurance. Ask them what features they crave in a health care package. Ask them about their specific needs, without getting so specific it violates their privacy. Let them fill you in. They may have a regular need for medicine and could benefit from a limited co-pay. They may need to see specialists more often, and therefore would need better breaks on the costs of medical procedures.
Narayan had remained content with the health insurance provided by the company. Now, when he goes to buy an individual policy, he finds out that there are numerous medical tests for him to take, and that when he finally takes insurance for Rs.10 lakh, the premium is extremely high.
With the insurance you will get the health care needed without having to go broke to achieve it. Just be sure when you purchase coverage that you get the one that is right for you.
While choosing any type of business health insurance, consider various things. Know the exact number of employees you need to insure. Contemplate on whether all your staff will get the same type of insurance. Take the right insurance policy to cater for your budget. Consider if the outpatient treatment is the best option. Examine the entire surplus profits that the policy can offer you. Check if the cover provides any unique process of reclaiming the policy.
If you cannot get the coverage under COBRA, you can also check for other programs. Some union or state programs will offer best health insurance Thailand for ex-employees in specific industries. If your industry is one of these specific ones, you can get a ‘gap’ insurance. And then you can focus all attention to find a new job.
Save Money – If you can afford it, and you have no maternity coverage, or you do not have much maternity coverage, you can save for it like you save for a down payment on a house or new car.
When finally you have decided on the right policy for you, look it over carefully once you receive your new policy. Make sure you received the policy that you have paid for. You are entitled to a ten-day review period of your policy and may cancel it once you have proven that it does not meet your expectations. Always keep all your records in a safe place where you can easily refer to them. Know your rights and responsibilities by understanding the policy fully. Take the necessary time to learn all you can about your insurance. As long as you are happy and confident with your insurance coverage, and it falls beyond your expectations, there is nothing else for you to worry about. And always remember that health is wealth.