There are ample reasons to get a health policy. Not only is medical inflation a significant concern, but one is also living in a global pandemic currently. Our stressful lifestyles make us more prone to diseases. High medical expenses can create financial stress.
Moreover, as per Law, all residents in the Sultanate of Oman are required to have a minimum level of health coverage. These provisions are particularly related to the employer market, where employees and their dependents must opt for a proper health insurance policy and submit it to the employer as a legal obligation.
But, how to choose the best health insurance? A higher annual limit per person would be a good thing to start with. Here are some other points to consider.
Check the limits for both elective and emergency treatments. The insurance should cover the cost of in-patient and out-patient services in multiple countries, apart from Oman.
#Large Network of Clinics and Hospitals
It is advantageous to have a policy that covers treatment in a huge network of clinics and hospitals. The policy must provide the expense for a single private room in a hospital.
There could be sudden health adversities. This is when an ambulance comes to the rescue. Make sure your coverage includes expenses for ambulance services.
These are often one of the most expensive parts of different treatments. X-rays, MRIs, CT scans, and ultrasounds must be covered in the health plan.
#Medication and Therapy
Medicines must be available for direct billing at agreed rates. It must apply to all designated providers networks. Physiotherapy for inpatient and outpatients must also be included in the health insurance.
#Transportation Expenses for Overseas Treatment
If you have to suddenly avail of treatment abroad, your policy should cover the expenses for transportation of the patient.
#Medical History Disclosure
It is important to disclose any pre-existing medical conditions which are highly adverse, chronic illness or any history of surgery done in the proposal form.
Failure to disclose any material fact(s) in the proposal form (e.g. Pre-existing conditions) which might result in considering the contract Null & Void after policy issuance and insurance company shall incur no liability under this insurance.
Other things to consider would be deductibles, and terms for pre-existing and chronic conditions. Make sure to understand all the terms and conditions properly to make an informed decision.