Claim medical expenses other than hospitalization costs with an OPD cover
OPD cover also provides reimbursement on diagnostic and investigative tests
Dietician consultation fees and physiotherapy costs are excluded from OPD cover
There has been a substantial growth of 25% in the health insurance sector during the last few years . While investing in a health insurance policy it is important to manage your hospitalization expenses, you need to be aware that outpatient expenses can also cost you a huge sum. Moreover, there is a drastic difference in OPD costs between private and public hospitals. As per a study, a district hospital charged Rs.94 for an OPD visit while a private hospital charged Rs.2213 . The difference is huge! That is why you need to buy a health plan with OPD cover.
OPD means out-patient department where you can access services like consultations, diagnoses, and treatment without getting hospitalized. If you purchase a health plan with an OPD cover, you are reimbursed for your expenses on medical consultations with specialists. To know more about OPD cover and why it is beneficial, read on.
Additional read: 9 Common Exclusions of Health Insurance Cover You Should Know About
Health plans with an OPD cover allow you to claim amounts on expenses other than hospitalization costs. When you approach a doctor for any treatment that does not require a night stay at a hospital, an OPD cover pays for the expenses you incur.
The rising number of diseases due to changing lifestyles may require you to see a doctor often. This can increase your medical costs. So, availing a policy with OPD benefits helps you manage your daily medical needs without a strain on your pocket.
When you invest in a plan with OPD benefits, you can claim tax exemption for the premiums you have paid. Another advantage is that you can claim reimbursements on consultations multiple times during the tenure of the policy. Since OPD includes a lot of services, the monetary value of a health plan with an OPD cover is more in comparison to a regular health plan. You are allowed to claim OPD reimbursements within 90 days after you have taken the policy.
Getting an extra cover provides you with extra protection. With this cover, you can claim your vaccination and general illness expenses. This is not the case when you avail a regular plan. With OPD coverage, you can also get reimbursed for your pharmacy bills. This is a big advantage for those who have monthly pharmacy expenses.
Apart from medical bills, this cover also reimburses expenses on optics, dentures or crutches. The best part is you can claim these amounts as and when you spend. In a plan with an OPD cover, the total coverage is based on the insured member’s age. Even if you have a family floater plan, all members included in a policy can avail this benefit.
You can avail a policy with an OPD cover without restrictions when it comes to eligibility criteria. Since it is a part of your health plan, the eligibility of your plan is all that matters. If your plan has OPD benefits, you can utilize them.
While a health insurance plan with an OPD cover is useful for all, it will definitely benefit you:
These are the common services included in an OPD cover:
Additional read: How to Save Money on Doctor Consultation with Bajaj Finserv Health
Before getting an OPD cover, understand its exclusions:
Now that you realize the benefits of OPD coverage, invest in health insurance that covers such treatment. Be it diagnostic tests, doctor consultation or pharmacy expenses, using your OPD cover can ease your financial burden. Invest in an ideal policy only after you evaluate your requirements and compare plans. You can browse through a range of Aarogya Care health insurance plans on Bajaj Finserv Health. The Complete Healthcare Solution is one such plan that offers doctor consultation benefits up to Rs.17000. It also reimburses you for lab tests and gives you up to 10% discounts at network hospitals. So, sign it for it today and enjoy OPD coverage!
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