The first thing to understand is that mediclaim has a more specific focus while health insurance policies have a broader coverage. It covers the medical expenses for the employees if they get injured. In addition, since most of the fees are taken out with each paycheck, employees do not have to worry about budgeting for their healthcare expenses. Most moving insurance seekers go in for the full value coverage.
That is not to say that that is going to be sufficient coverage for you, as mentioned earlier, but you can always add onto that insurance plan as needed. It is in this light that getting individual health insurance makes sense. In this case, I strongly encourage you to contact a Health Insurance Broker and get immediate coverage of what is called “catestrophic” (not sure if I spelled this correctly) coverage.
While doing some research on healthcare, you may come across two different types of medical coverage. Of course, you might get quotes on health insurance that are still far higher than you can afford, but at least you took the time to look. Travel Insurance is meant to cover financial and medical expenses and maybe losses incurred during traveling locally or internationally.
Insurance companies reject these applications on the sheer logic that business risks are inevitable. There are also several types of insurance plans offered by health insurance companies; long term, short term, scheduled, etc., and their prices may vary as well.
Health insurance companies will check medical reports and files, and each one will run similar checks. Here are a few guidelines in deciding to get individual health insurance before actually being quoted. The first is “health insurance” which includes HMO’s, PPO’s, and traditional coverage.