Five Things That Your Health Insurance Does Not Cover
The world is battling a healthcare crisis with the pandemic outbreak. This is increasing the number of discussions around health insurance, medical bills, and the increasing spending on healthcare. The fear that one might catch the pandemic is constantly gripping everyone. And people are rushing to check if their employer-funded insurance or the government-sponsored healthcare plan covers the pandemic expenses.
Health insurance eases the financial burden of a person or a family from the numerous costs of surgery, emergency, or other critical illness. While most of us are willing to go that extra mile and get the best insurance plan covering our expenses, there are still a few illnesses that even the best of health insurance policy might not cover.
Before you take a health care policy, you’re supposed to disclose all the pre-existing health conditions. This will determine health care coverage and premium expenses. It is best to disclose all health issues that you have at the time of taking a health insurance policy as the insurance provider will do a background check anyway. And if they happen to find out about a medical condition that you have, but have not disclosed, they might cancel your policy request and blacklist you.
This will mean that you might not get an insurance cover or will have to settle for an expensive plan. However, no matter how much you shell out for your health insurance plan, it will not cover the cost of your pre-existing conditions. But remember that a few private health insurance providers might let you get a cover for your pre-existing diseases by paying out some extra money. So, do ask your insurance provider about it before signing the dotted line.
Cosmetic and Non-Essential Surgeries
Health insurance is meant to help you meet the financial expenditure of emergency, medical expenses, and surgeries. However, a lot of people believe that it covers surgeries of all kinds. If you think so, too, think again. Most health insurance companies do not cover cosmetic and non-essential surgeries. According to the ASPS data, the number of cosmetic surgeries in women is up by 538% from 1997 to 2015. During the same period, the rise in these surgeries in men went up by 325%.
Traveling to a few countries might require you to get a few vaccine shots. Most of the time, these are expensive and are for more than one disease. As it is expensive and a preventive care measure, most people believe that their health insurance covers these costs. However, most insurance providers consider travel insurance as an optional or elective vaccine, something that you do not mandatorily need. So, they do not cover the costs of these injections.
However, this does not mean that your insurance provider will not cover the cost of other vaccines. For instance, your insurance provider will pick the cost of your flu shots and tetanus shots that you will need to maintain good health. In other words, your health insurance will cover the cost of all the medically necessary vaccines.
These are just a few among the most common exceptions to a travel plan. While there’s no policy available that covers all your healthcare needs. You could always do ample research and make sure you pick a plan that best fits your needs. You could do this by listing out all the available plans, filtering out the ones that match your needs, and deciding on the one that matches your budget too perfectly. Besides that, you might also want to check all the network hospitals that your insurance provider covers.
More in Health Insurance
Is Humor An Important Life Skill?
According to Mark Twain, humor is the greatest boon of mankind. It helps us to erase all the hard feelings to...December 10, 2020
Here Is How You Can Schedule Relaxing Techniques Into Your Regime!
Hustling and getting busy with life is great. But it would help if you also give yourself some time to relax...December 9, 2020
Here’s How COVID-19 Pandemic Might Affect Health Insurance Coverage
The COVID-19 crisis is having a disastrous effect on the planet’s population. Thousands across the world have fallen prey to the...December 8, 2020
Say Goodbye To Morning Fatigue With These Super-Foods!
It’s quite common to feel exhausted when you wake up in the morning, but did you know that this is one...December 7, 2020
Still Not Sold to the Idea of Getting Health Insurance? Here Are Six Reasons to Convince You to Get One!
Health insurance is critical, no matter how we deny it. Though, for some reason, this could be a financial burden due...December 4, 2020
How Swarovski’s Heiress is Making it on Her Own in the World of Sustainable Fashion
Despite the stereotype that’s sometimes portrayed in the media, not all heirs are undeservedly entitled or unwilling to put in the...December 3, 2020
Expecting a Baby Soon? Get Ready for the Baby Train with Financial Planning and Health Insurance
Being an adult comes with many responsibilities. You have to pay bills, make ends meet, and when it finally comes down...December 2, 2020
Everything You Wanted To Know About Health Maintenance Organizations
People who want to secure their medical coverage may discover several health insurance providers out there in the marketplace, Health Maintenance...December 1, 2020
The Biggest Sins Of Private Health Insurance
The idea of competition is deep-rooted in the economic system of the United States. It is so widespread within the system...November 27, 2020