Health insurance is of utmost importance and is an excellent option to ensure the timely treatment of you and your loved ones while not burning a hole in your pocket. The claim process of health insurance plans is really simple and is now made even simpler with a cashless claim facility.

However, without proper documentation, there can be complications at the time of reimbursement, which can postpone or even lead to cancellation of treatment at the end moment. Know about all the documents required for a health insurance claim and the procedure.

In today’s world, we encounter new illnesses and infections every now and then. However, when talking of hMPV or the Human Metapneumovirus, it is not a new virus but was identified in 2001. Since then, the virus has been travelling the planet frequently. However, recently, we saw a sudden outbreak of the virus in a few countries and in cities of India as well. In this article, we shall walk you through the meaning of hMPV, common symptoms in adults and children, causes and risk factors of hMPV as well as the related health insurance coverage.

The world of health insurance can be a bit daunting for a common man. It is because of the use of some complex and hard-to-understand terms. Moreover, the benefits in health insurance can get stuck in several complexities. Therefore, it is essential to develop a sense of understanding about health insurance terminology as it will help policyholders to analyse the document and make efficient decisions for them and their families.

In this article, six primary health insurance terminologies have been explained like waiting periods, out-of-pocket expenses and co-payments.

According to a cancer research paper published in The Lancet Oncology Journal, about 10 lakh people in India are diagnosed with cancer every year and 6 to 7 lakh succumb to this fatal disease. By 2035, these numbers may almost double to 17 lakh new patients and 12 lakh deaths per year.

While on one hand, technological advancements have made it easier to detect cancer in its early stages leading to improved life expectancy; on the other hand, the associated costs have also increased manifold. In fact, the cost of five common cancers in India has grown 3-4 times since 2000 (Source).

So while it is wise to avail critical illness and health insurance plans for various ailments and related hospitalization, a dedicated cancer insurance plan should be availed to mitigate the expenses related to cancer treatment.

If you have a health insurance , you must pay a set premium monthly, annually, or bi-annually. This fee ensures that your insurance keeps providing you with the chosen health protection. However, understanding how health insurance premium work may be overwhelming. Certain factors surround this component, which makes the fee differ from one person to another.

Read through the following sections to know how premiums on health insurance are calculated and the factors that affect health insurance premiums.