What do I need to pay attention to when choosing health insurance?

Most people tend to ignore some details when buying health insurance, today we look at what needs to be noted together?

1, see the insurance liability
Health insurance is mainly divided into two kinds of medical insurance and critical illness insurance, before taking out insurance, you should carefully read the insurance responsibilities and understand the scope of protection.

2、Tell the truth
The policyholder’s obligation to truthfully inform the insurance company of his or her health status and past medical history. If not truthfully informed, there will be many adverse effects on the later claims, the most common is that insurance companies do not truthfully informed as the reason for refusing claims.

3, pay attention to the deductible clause
In order to control the insurance rate and realize the risk protection function of health insurance, there are often deductible clauses in the contract, such as deductible amount, benefit ratio and deductible period.

Deductible
It is mainly applicable to medical insurance, which is divided into sub-deductible and annual deductible, and the insurance company will pay the medical expenses only when the medical expenses exceed the contracted deductible.

Benefit percentage
Similar to the deductible, but with a specific percentage of the medical expenses incurred, such as 90% of the expenses.

Deductible period
Widely used in hospitalization benefit health insurance, as the product agrees that the insurance company will pay benefits according to the number of days the insured is hospitalized, in order to reduce moral hazard, the insurance company sets a deductible period (usually three days), and the insurance company will only pay benefits for expenses incurred after the deductible period.

4、Pay attention to the observation period
The observation period, also known as the waiting period, is intended to effectively prevent the occurrence of the phenomenon of “insurance with illness.

5, distinguish between “guaranteed renewal” and “commitment to renew”

Guaranteed renewal and promised renewal are two expressions that are usually found in short-term health insurance.
The real guaranteed renewal means that regardless of whether the product is discontinued, it can still be renewed at the same rate, but the current guaranteed renewal is only discontinued and can still be renewed, the rate will still change.