Tag: Compare

Compare Medical Insurance Policies in India

Health insurance is an insurance plan that offers financial coverage for medical expenses when the policyholder is hospitalized. Health insurance plans cover the insured with multiple benefits such as cashless hospitalization, day-care facility, etc. or provide coverage for reimbursement of the incurred expenses.

What is Health Insurance Policy

What is a Health Insurance Policy?

A health insurance policy is a contract between the insurer and policyholder in which insurance company provides financial coverage for medical expenses incurred by the insured. A health policy provides benefit of reimbursement of medical expenses or cashless treatment mentioned in the health policy.

Apart from the medical coverage, a Health Insurance Policy also offers tax under section 80D of the Income Tax Act, 1961.

Medical expenses are sky-rocketing! Get health insurance plans for your medical outlay. With a cashless facility, stay tension-free. Approved by IRDAI, Policy Bazaar helps you compare and find the best health plan.

  • Individual Health Insurance
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Hospital Plans South Africa | Compare Quotes

Hospital Plan Quotes

South Africa has about 160 medical schemes totaling around 7 million beneficiaries. The total annual contribution to medical schemes is around R35-billion (according to the Council for Medical Schemes – 2006).  Take into account that South Africa has a population of more than 47 million people! Less than 15% of SA citizens belong to a medical scheme or have a hospital plan.

Not all medical schemes or hospital plans are open to the public. In fact, of the 160 medical schemes, only about 30 are open to the public.  This number might decrease over the years as the larger schemes take over the smaller ones.

So how do you choose a medical scheme or hospital plan, a specific option of the scheme, which benefits to include or exclude?  In this ever-changing environment, you need the services and advice of an independent intermediary. Someone who doesn’t only have

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