What is Coronavirus Health Insurance?

What is Coronavirus Health Insurance?

Mumbai, May 9: We all are living in unprecedented times, where novel COVID-19 Coronavirus has spread across the globe. Coronavirus, which was first reported in Wuhan, China on New Year’s Eve of 2020, has now infected over 3 million people across the globe. This communicable disease causes acute respiratory illnesses including impaired kidney and lung functions severe pneumonia, and even multi-organ failure. To stop the spread of this contagious disease, the government of various countries including India has imposed a lockdown on their people.
In this time of uncertainty, there is a high chance of possible health risks. If you have a health insurance policy, then you don’t need to worry because it will cover you financially and will take care of your hospitalization bills and medical expenses in the time of need. Your existing health insurance will cover the treatment for Coronavirus disease. However, if you don’t have a health insurance policy, then don’t worry, many reputable insurance companies are offering Coronavirus Health insurance.
What Is Coronavirus Health insurance?
Coronavirus health insurance provides coverage against the medical contingencies with hopes of leading a worry-free life ahead. Buying coronavirus health insurance from a reputable insurer offers coverage for quality medical care and takes care of hospitalization bills for the treatment of an infected patient.
Also, with the implementation of lockdown around the globe, the businesses have taken the major hit, which in turn is affecting the world’s economy. We all know that we will be facing a financial crisis in the near future. In these uncertain times, dealing with medical emergencies without having a plan that supports you financially will not be a good idea. So, it is recommended that you opt for coronavirus health insurance and ensure not only yours but your loved one’s safety as well.
How To Claim Coronavirus Health insurance?
Coronavirus health insurance provides coverage for medical expenses against various illnesses including COVID-19. It is considered a medical emergency if someone gets infected from coronavirus. Thus, an infected person who is also insured with coronavirus health insurance can make a claim in any of the two ways mentioned below:

• Reimbursement: In this case, the policyholder has to bear the burden of paying hospitalization bills and medical expenses from their own pocket. The policyholder can later file for reimbursement of expenses by submitting some necessary documents such as medical reports, hospitalization bills, etc.
• Cashless treatment: If a policyholder applies for a claim under cashless health insurance. They not only can avail the treatment at any of the network hospitals of the insurer, but they don’t even have to worry about paying the bills as their insurer will directly settle the bill with the network hospital.
You should buy a health insurance policy to prepare for any medical emergencies. You can check out health insurance plans online. Along with the insurance, you should keep your immune system strong and take precautions such as washing hands regularly with soap, use of face masks, covering a cough or sneeze with using disposable tissues or on the side of your arm, etc. to avoid the spread of this contiguous disease.
(Disclaimer–Features may vary depending on the regions; subject to change without notice.)