Wednesday 19 April 2023

Flexi health covers makes insurance affordable

 Flexi health covers makes insurance affordable

People can customise policy by fixing tenure and the sum assured

RISING HEALTHCARE COSTS make it difficult for many people to afford adequate healthcare coverage. However, OPD and flexi health covers offered by health insurance companies can help individuals get affordable insurance to manage their healthcare expenses effectively.

A flexi cover offers greater flexibility in terms of coverage and premiums, which can help individuals tailor or their needs and budget, which can be a game-changer for many people who may not have been able to afford traditional health insurance policies.

Through a flexi-cover, an individual can decide the tenure of a policy, the sum assured and the premium to pay. A flexi-cover, which is a form of indemnity health insurance, gives individuals more control over their healthcare, including the choice of facilities and doctor.

Outpatient services

Even technological advancements are making it easier to provide healthcare services outside traditional hospital settings. This has led to an increase in outpatient services, making the OPD cover more relevant. Increased competition with new players entering the market has helped disrupt traditional insurance models. An OPD cover can help reduce cost for the policyholders for routine checkups or minor illnesses and encourage customers to seek prompt medical attention.

In fact, OPD and flexi health covers are part of this trend towards more innovative and consumer –centric insurance products. The insurance regulator too has introduced several measures to bring transparency and encourage competition in the insurance market. The measures have led to more innovative insurance products being introduced, including the OPD and flexi health covers.


Future looks promising

The future of OPD and flexi health covers in the insurance market looks promising as more consumers seek flexible and personalised healthcare coverage. An OPD cover provides coverage for outpatient expenses such as doctor consultations, diagnostic tests and medications. This type of coverage has become more relevant in recent years as healthcare services have expanded beyond traditional hospital settings. With rising healthcare costs and increasing demand for outpatient services, an OPD cover is likely to become an essential component of healthcare coverage.

As consumers demand for personalised healthcare coverage continues to grow, we can expect to see continued growth and innovation in this insurance market segment. OPD and flexi health covers are definitely going to disrupt the insurance market with more innovative products offering more flexibility, choice and affordability.

WHY CHOOSE IT

A flexi cover offers flexibility in terms of coverage and premiums.

People can tailor their insurance coverage to their needs and budget.

Gives individuals more control over choice of facilities and doctor.


For More Details: Pooja Manoj Gupta, visit www.giia26.com

Email: pmgiia26.com Mobile 9868944340

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