Covid-19 Pandemic: Why Should We Have Health Insurance?
The pandemic has brought our lives to a standstill. In India, specifically, cases are still on the rise and the scarier part is that the projections have revealed that we haven’t yet reached the peak.
There is no denying that the healthcare facilities are overwhelmed, and the hospital costs are at an all-time high. Moreover, once tested positive, it takes anywhere between 10-28 days for the person to get better and completely heal from the virus and test negative. The pandemic has been a revelation for many, on how important it is to have health insurance. Given the intensity of the given situation, people are now more than ever concerned about their health and the health of their loved ones.
Upon the direction of IRDAI, all insurance companies have extended their health insurance policies to cover the expenses of coronavirus. In simpler words, if you already have a health insurance policy, the insurance company will cover the costs of all the treatment and hospitalization expenses.
Health insurance has always been a necessity, more than a priority. But it is only after the pandemic hit us that there has been a shift in the public opinion. Below are a few reasons why health insurance is a must have:
1. High Treatment Costs
It is essential to buy health insurance policy for yourself and your family because the treatment costs for Covid-19 run quite high. In a scenario, where the economy is moving towards recession and companies are rolling back employment and implementing severe cost cutting, it is always better to have a health insurance cover so that you don’t have to worry about the medical expenses and ensure that you or your loved ones avail the best facilities available.
2. Uncertainty of Exposure
We have been constantly reminded by the WHO and other health organizations about the unpredictable spread of the virus. A significant number of people who have been tested positive have been asymptomatic. This means that you are not technically ‘safe’ even if you are living in a ‘safe’ area.
3. Easy Availability
Right now you can avail the benefits or buy insurance online. The advantage of doing this is that you can compare the different options available and buy the most affordable one and the one that best suits your needs. This way you are financially secure and at the same time don’t burn a hole in your pocket in order to purchase a policy.
The pandemic has taught us several things, from the importance of washing your hands to not taking anything for granted. It has also been a revelation for many, about how important it is to have health insurance. If you haven’t gotten health insurance yet, now is the time to do so! Connect with us at Suraksha to know about your options.
