What is health insurance? Is it worth buying?

The current work pressure and irregular diet are becoming the norm, which also makes many people in a sub-health state, and behind this sub-health state is the threat of disease to health. Given this, in this complex environment, it is wise to insure yourself with health insurance.

What is health insurance?

Health insurance refers to the insurance that insurance companies pay insurance benefits to the insured due to health reasons or medical behaviors. Medical insurance will provide corresponding insurance money according to the medical expenses of the insured, while sickness insurance is insurance that pays the insurance money in one lump sum according to the agreement of the insured to meet the claims conditions stipulated in the insurance contract.

Critical illness insurance refers to the commercial insurance behavior in which the insurance company pays the insurance money according to the insurance contract when the insured reaches the critical illness condition stipulated in the insurance clauses when the disease is stipulated in the insurance contract signed with the insurance company occurs.

Medical insurance is divided into general medical treatment, inpatient medical treatment, surgical medical treatment, and comprehensive medical treatment according to the payment conditions. Among them, inpatient medical treatment is divided into accidental inpatient medical treatment, disease inpatient medical treatment, and comprehensive inpatient medical treatment, and the medical expenses incurred by hospitalization shall be paid according to the insurance contract.

It should be reminded that medical insurance is reimbursement insurance, and the compensation principle of property insurance is applicable, that is, the compensation of insurance money cannot exceed the medical expenses paid by the insured. Therefore, commercial medical insurance can only claim one copy. Therefore, the assured should not insure the medical expense insurance repeatedly.

Income compensation insurance mainly compensates the insured for the loss of income caused by hospitalization, represented by hospitalization subsidy insurance. The insurance company pays the insurance benefits every day according to the daily hospitalization allowance amount agreed in the insurance contract, multiplied by the actual number of days of hospitalization. Currently, on the market, the maximum hospitalization subsidy does not exceed 180 days per year. Some companies have also introduced special fee subsidies for intensive care units.

Is health insurance worth buying?

After everyone is born, they will face various diseases, and health insurance can avoid the risks caused by diseases and reduce the losses caused by diseases.

At present, many people have social insurance, which can reimburse basic medical insurance drug costs, basic medical insurance diagnosis, and treatment items, and basic medical service facilities. This is enough for ordinary minor ailments. However, when faced with major diseases, social security may be powerless to deal with the high costs of treating major diseases. At this time, critical illness insurance and millions of medical insurance are needed.

To this end, the assured needs to choose the most suitable health insurance product according to their situation, but it should be reminded that the corresponding claims can only be obtained if the terms and conditions stipulated in the health insurance contract are met.