Health insurance or medical insurance is a type of insurance that offers coverage against a range of medical, surgical, prescription drug and dental expenses you may face when you fall sick or meet with an accident.
A good health insurance policy covers you for a wide range of expenses that include hospitalisation charges, pre- and post-hospitalisation costs, day care treatments, laboratory services, prescription drugs, and ambulance changes. You also receive coverage for AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy). You can avail the coverage of your medical insurance policy either cashless at a network hospital or through the reimbursement of bills you have already paid.