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3 reasons why should corporate offer Health Insurance Benefits?

Read the claim settlement process in the policy document carefully so that you should not miss anything from your side on which grounds the insurer may find reasons to disregard the claim or deduct any payable amounts. Our team has compiled a list of some of the common reasons for which you might face difficulties in claiming under your health insurance policy

The cost of treatment rose at a double-digit pace of growth, outpacing average inflation in both rural and urban India over the past decade, according to published results of a cross-national survey on health conducted by the National Sample Survey Office (NSSO) in 2014 quoted in Live Mint.

In simple terms, the rising cost of treating health care is becoming unaffordable. Visiting private hospitals for basic consultation itself is creating a huge burden on the pocket. On the other hand the salaries, allowances are not rising at the same pace. This means the gap between the affordability of treatment and earning capacity is increasing. Hence, it will become more and more difficult to take care of hospital expenses from pocket today and in times to come.