Health insurance, trauma insurance, and medical insurance can be one of the more confusing, and intimidating broad fields of insurance. There are so many companies that provide Health insurance and lots of different products to choose from that have large variations in quality of policies and price range.
Here are a couple of tips from expert insurance brokers on how to choose the right policy.
1. Think about what it is you want to be covered for. Do you want the everyday things covered like GP visits and dental? Or do you want the big things covered like cancer, surgical and hospital admissions? Much like personal loans in New Zealand, health insurance policies need to be tailored to you. Once you know this it will be much easier to decide what plan is best suited for your needs.
2. You get what you pay for. Medical insurance is not cheap. It is the most claimed on insurance in New Zealand. On average any person during their lifetime will claim on their medical insurance 4 times for various things. The lowest premium is not a good indication of product quality, with medical insurance the price usually means you get what you pay for.
3. If you look at your plan in detail, look at the things you are not covered for. This will usually highlight some key areas where you thought you were covered.
4. Does your employer offer medical cover, or a subsidized scheme? It can be a very valuable addition for any employment package. Look into it because it may be very valuable for you and your family.
Call for expert advice on health insurance.
If you are trying to navigate your way through the medical insurance minefield give us a call. Medical insurance is one of the hardest to deal with at claim time and having good adviser in your corner can sometimes mean the difference between a claim being paid or not.