Accidents, injuries and illnesses occur all the while, so much so that we all know at least one person from our extended families who’s battling serious health troubles. Health insurance has slowly progressed into a necessary purchase rather than an optional one. The health insurance market has seen a lot of progress over the past decade, and this is more than obvious in the form of additional and somewhat lesser known benefits that these policies come with. Here’s a look –

Post hospitalization benefits – Did you ever think about a health insurance that covers compassionate trips to the hospital that worried family members can’t help making? Well, there are some superb health insurance products that offer you such impressive benefits. Pot hospitalization benefits are applicable if the hospitalization period extends beyond a threshold, which varies from policy to policy. What’s more, some health insurance products even cover the wages you lose because of being hospitalized. Some policies also refer to these benefits as recuperating period benefits, so you might want to understand your health insurance policy a little better.

Coverage of expenses borne for alternative treatments – Along with the growth of alternative medicine, insurance policies have also changed and now accommodate expenses incurred by injured and ill individuals for undergoing such treatments. You might want to confirm with the insurance company as to whether it restricts the benefits to treatment sought from government hospitals only. Also, there are certain policies that cover alternative treatments such as Ayurveda and Unani medicine to certain percentages, for instance, 25% coverage for all expenses resulting from consultation fees and medicine costs of Ayurvedic treatment.

Organ replacement surgeries and operations – Apart from being a very emotionally overpowering experience for all family members of the recipient as well as the donor, an organ replacement operation can be a massive financial burden, as hospital bills will include expenses from the recipient as well as the donor related medical procedures. Thankfully, contemporary medical and health insurance policies provide coverage for such critical operations and cover the expenses for both the recipient and the donor. The surgery expenses resulting from the removal of the organ from the donor’s body and the subsequent harvesting of the same before the intended recipient is operated upon are provided for by insurance policies. However, most of these do not cover the screening charges that are borne by the victim’s family, in order to verify the viability of another person donating an organ.

Allowance for attending to the hospitalized person – Mostly activated in cases of an insured child being hospitalized, this coverage offered by contemporary health insurance products provides for a fixed allowance for every day that the child or the insured adult is hospitalized beyond a threshold period, which is often as little as 2 days. However, most insurance policies limit the number of days for which such benefits are endowed.

Critical illness coverage – There are policies such as International Health Insurance that endow the holder with coverage for serious illnesses such as cancer. Whereas these police work almost identically to high end critical coverage policies, the rates they come at are not correspondingly high.