It is said that a healthy mind resides in a healthy body. Hence it is very important to stay healthy. These days life is very fast and stressful. No matter how much you care one can always fall ill.
Health treatment nowadays is very costly. More than the disease it is the cost of treatment that takes its toll. To get rid of health worries health medical insurance is the answer. Health insurance policy not only covers expenses incurred during hospitalisation but also during the pre as well as post hospitalisation stages like money spent for conducting medical tests and buying medicines. The cover will be to the extent of the sum insured.

Individuals also have the option of covering themselves for medical expenses by opting for the 'Critical Illness rider available with life insurance policies. Life insurance companies have their own list of critical illnesses as defined by them. In case of a CI rider, on the occurrence of a 'critical illness' during the policy tenure, an amount as proposed in the policy will be paid out to the individual. This is irrespective of the expenses incurred by the individual on hospitalisation, medicines and other such costs.

Health insurance companies are offering innovative products to their customers these days. The latest product in this line is 'cashless hospitalisation'. Here individuals do not have to pay for their hospital bills in case of hospitalisation; the insurance company settles the bill directly. But certain conditions like the hospital needs to have a tie-up with the insurance company, the documents need to be in order etc. have to be met.

Medical costs in India may be cheaper in India when compared to America, but does it mean that medical costs are cheap in India for the average Indian.Have you ever wondered how local Indians feel about the health costs in India? How does an average Indian middle class family deal with medical emergencies, such as when a loved one suffers from an heart attack. A patient hospitalized after an heart attack in India may have to cough up about a lakh of rupees in medical costs. This is a conservative figure.Many hospitals in India are now money making enterprises. Profit is the main motive behind medical care, not only in India but also in countries like the United States of America. I recently had first hand experience with hospitals in India when a family member had to be admitted in hospital. Having lived abroad for over 35 years, I was amazed and saddened by what I saw.