Top 5 Health Insurance riders you must consider adding to your insurance plan

What is a rider? How to decide which rider to opt for?
In a health insurance plan, a rider is an extra benefit or an additional feature you can purchase and avail atop your existing or base policy, depending on your distinct health needs. However, it is not mandatory to buy them. You can buy riders to compensate for expenses which might not be otherwise covered in your base plan. Riders allow individuals the flexibility to customise their health insurance plan. While a base plan generally covers common medical expenses, you can add riders depending on your health needs, like covering pre-existing diseases, if any, etc.

Room rent waiver rider
Some health insurance plans place a cap or sub-limit on the room rent that will be covered under the policy when a patient is admitted to the hospital. This means that the insurer will only cover room rent up to a specific amount under the policy. All room-rent expenses over and above will have to be borne by the policyholder. With this rider, they can do away with this cap. Adding this rider also means other room-related expenses, such as doctor’s fees, amenities, etc., will not be subject to any room-rent sub-limit.

Hospital Daily Cash Rider
With this rider, one can get cash or a fixed amount of money for every day the policyholder is admitted to the hospital. This can come in super handy as out-of-pocket, non-medical expenses can make up for a significant chunk of your hospital bill. These charges generally include cost of hospital equipment, oximeter, other room amenities, housekeeping etc, which can be covered under a daily cash rider.

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