In 2014, about 200 million Indians were covered under health insurance schemes. By 2019, that number had more than doubled, to 472 million. People are increasingly – sometimes painfully – aware of why health insurance is important.
Anyone who has ever had an unexpected hospitalization when they were not covered by a health insurance plan, will be glad to tell you why health insurance is important, and that is because it covers you monetarily against hospitalization costs.
In most cases, provided you are hospitalized for at least one night, your room bill, the tests linked to your condition, the consultation charges that occur during your hospitalization, and other such expenses are covered under your health insurance policy. In a year where you make no claim, you also get a discount in the form of an NCB, or no claim bonus.
Additionally, you can claim tax deductions under section 80D of the income tax act. For lower premiums, one can also opt for a co-payment clause. To guard against critical illnesses, people can usually add on a cover against these, as a rider on their basic health insurance policies.
But we’re not here to lecture you on why health insurance is important. We’re certain that if you’re reading this article, you’re already well-versed with the virtues of health insurance products, and are now keen to get yourself a bigger basket of health-spend benefits.
Here are 5 reasons that make health card a must-have today. We’re going to turn the spotlight on the Bajaj Finserv Health EMI Network Card, and its specific bouquet of benefits.
Wide scope of coverage
The Bajaj Finserv Health EMI Network Card covers not only hospitalization costs, but also diagnostic tests and pharmacy bills. Additionally, a host of medical expenses for procedures and treatments that do not require hospitalization can also be put on the Bajaj Finserv Health EMI Network Card. You can swipe your card and opt for EMI payments on dental care, eye care, diagnostic care, stem-cell treatments, maternity care, slimming treatments, cosmetic and plastic surgeries, hair transplantation, and similar treatments.
Pay over two years
The Bajaj Finserv Health EMI Network Card lets you enjoy whatever treatments or procedures you need right away without having to worry about the price tag. Instead, you can avail of flexible tenors of up to 24 months, which means you can break down lump sum amounts into far more easily payable little amounts that will not empty your bank account in one go.
Wide network of partners
The important feature of a health card is that the user should be able to utilize it easily, and across a good number of locations. The Bajaj Finserv Health EMI Network Card can be used at more than 5,500 network partners, in over 1,000 cities.
Freebies
With the Bajaj Finserv Health EMI Network Card, the user gets not only the amazing bouquet of benefits discussed above, but also complimentary personal accidental insurance of Rs.1 lakh for 1 year. So your medical expenses are taken care of, and you are monetarily guarded against accidents.
Instant activation
The convenience of instant activation of the health card is yet another reason to opt for the Bajaj Finserv Health EMI Network Card.
As mentioned, the Bajaj Finserv Health EMI Network Card is your one-stop solution for all of your medical expenses. Whether it is a hair transplant treatment, or for dental care, now rely on the Health EMI Network Card to take care of your expenses without worrying about the costs involved, and repay the amount in easy EMIs.
