The Cost of Uncertain Coverage
60% of policyholders postpone medical care due to lack of health insurance coverage.
The Scary Reality: Uncertainty Leads to Avoiding Care
60% policyholders postpone medical care due to lack of health cover. This is one of the scariest realities in India. More than half of people, when faced with a need for treatment or care, delay or avoid it altogether because they do not know if their medical insurance policy will cover it, or worse yet, because they have no medical coverage.
Those units of time shuffle from one course of action to another, causing smaller episode(s) of health issues to ultimately manifest into larger and costly episodic issues.
A Real Example
A person who experiences chest soreness may be "afraid" to go to the hospital for fear that the medical insurance policy will not pay for the tests. By the time they get around to going to the hospital, if they even do, the problem has morphed into something larger and possibly life-threatening.
Knowing how to clarify medical insurance coverage issues is consequential to you medically, yes, but also, even monetarily.
Medical Insurance Should Bring Peace of Mind
Medical insurance itself is meant to bring you peace of mind not fear. However, when you do not know the boundaries of the coverage or the exclusions, it seems safer to delay than confronting the potential rejection once treatment is served.
Waiting till you know you will have no costs is very rarely dependable in medical decision making, and it usually will cost you extra in the way of medical care as well as money.
Knowing what you have coverage for will prevent you from stalling care. The sooner you know what the coverage will or will not pay for, the sooner you can act without second-guessing your insurance coverage afterwards.
