Availing health insurance plans for you and family members is very important as medical expenses are rising each day. Not having a health insurance plan can spoil financial health, as you will have to pay medical bills out of pocket. If you have a health insurance plan, you don't have to worry about the high medical bills.
A health insurance policy is an insurance policy which covers hospitalization expenses for the premiums paid. Your hospitalization expenses are covered by the health insurance plan, if you have hospitalized for at least 24 hours. You can also avail family floater health insurance plan, to cover all family members.
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1. The important benefit of health insurance plan is it covers hospitalization charges. You don't have to pay medical bills out of your pocket.
2. You will be offered tax benefits if you avail health insurance plans. The premium paid on health insurance plan is exempt under Section 80D of the Income Tax Act 1961.
3. Health insurance also offers cashless treatment, in case you fall ill. Under the cashless facility, if you get admitted to a network hospital, you don't have to pay the hospital bills. Instead, the Insurance Company directly settles bills with the network hospital.
4. Apart from covering the hospitalization expenses, the health insurance plan also covers pre and post hospitalization charges.
Not everyone who avails a health insurance plan will be happy with the services provided by the insurance company. There are certain cases where you have complaints against your Insurance Company. In this blog, IndianMoney.com will give some tips which you need to follow while filing a complaint against Health Insurance Company.
See Also: How To Claim Health Insurance?
If you are not happy with the services provided by your health insurance company, or if you have been facing any other issues, the first thing you have to do is write a complaint to the Grievance Redressal Office of the Insurer’s branch. You must attach all the required documents with the complaint. Your complaint has to be acknowledged by the insurance company within three working days and it has to be resolved within 15 days. If the complaint is not resolved within 15 days, you can take up the matter with the IRDA.
If your complaint is not resolved by the insurance company, you can take up the matter with the Insurance Regulatory and Development Authority (IRDA). You can either call the grievance redressal cell of the consumer affairs department of IRDA, at 155255 (or) 1800 4254 732 or even fill up the complaint registration form on the IRDA website.
If your issue is still not resolved, you can approach the Insurance Ombudsman. Insurance Ombudsman has been launched to take up the issues faced by the insurance policyholders.
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