Rising Medical Inflation: Do not Rely on your Corporate Health Insurance Policy


Rising Medical Inflation: Do not Rely on your Corporate Health Insurance Policy

It is relieved when your company provides you a health insurance cover. The corporate health insurance policy covers your spouse, children, and dependent parents. But it can be a setback if the total expense came out to be much more than the policy coverage, especially in case of critical illnesses like cancer, kidney failure, heart attack, etc. At present time when medical inflation is rising, you need to pay a huge amount from your pocket that you could have saved if you had a separate health insurance cover with enough sum insured.

>>Check: Health Insurance Plan for Coronavirus

 It is a common scenario that many working individuals face when they rely too much on their employer’s health insurance coverage. Therefore, here are the benefits that you can avail from your separate health insurance cover:

Extensive Coverage

Under an individual health insurance policy, you get the extensive coverage that you do not get under your corporate health insurance. From pre and post hospitalization expenses to day care treatment everything will be covered. Additionally, you can also buy add-ons to make it more coheasive. You can get the claim up to the sum insured and do not need to pay a single penny from your pocket. It gives you additional financial support so that you can go for the best possible treatment for yourself or your family.

No Claim Bonus (NCB)

It is the bonus amount that you get under your health insurance policy for not claiming during your policy tenure. It gets accumulated to the sum insured for every claim-free year. It helps you to face any medical emergency in the future and an incentive for being healthy. Corporate insurance does not offer NCB. Even, this benefit will not carry forward even when you leave the organization. Thus, it’s advisable to opt for personal health insurance. 

Customize Plans

It is the most important feature that you can get in an individual health insurance plan. You can customize the covers according to your health needs. Add-ons like ambulance cover, second opinion, domiciliary, day care treatments are always helpful in a medical emergency. Your corporate policy has a fixed plan that may not give you the maximum coverage and not cover all your medical expenses.

Secure Future

You are protected under the corporate policy only till the time you are working with the company or your employer wants to continue it. The moment you stepped out of the company due to any reasons your policy will be a collapse. Thus, it’s wise to opt for individual or family health insurance that gives guarantee to yours and your family secure future forever.

Peace of Mind

With a personal health insurance policy, you are in peace of mind. You are ready to face any unwanted medical emergency that can knock your door anytime. Your savings will not be drained, and you can keep it for your family's future while taking good care of your health.


So, basically, corporate plans are suitable only for routine and ordinary medical expenses. If you are looking to secure your future, then you need a plan that offers assured lump sum benefits at very lenient terms and conditions like ‘Care’ offered by Care Health Insurance. The plan is highly customized and provides you maximum coverage at affordable premium.

So, without burdening your pocket secure yours and your family’s future with a comprehensive personal health insurance plan now.

Disclaimer: All plan features, benefits, coverage, and claims underwriting are subject to policy terms and conditions. Kindly refer to the brochure, sales prospectus, and policy documents carefully.


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