9 Tips to Get Cheap Health Insurance for Families!

Having health insurance is an effort to provide financial protection due to health risks. Various cheap health insurance products for families can be your choice to protect your family in the future.

 

If you are still confused about what insurance is, you can understand the meaning of insurance in general. Insurance is a financial protection product that covers the losses you experience for the risks that occur, such as the risk of critical illness, the risk of accidents, to the risk of death. For example, during a pandemic like this, you should have health insurance that can cover hospital costs to treatment. So, your finances and savings remain safe.

 

Apart from the pandemic, health insurance is also important to have because health costs are increasing every year. Quoted from Kompas.com, for example, said that inflation in health costs was higher than the increase in workers' wages. While in the world, the cost It is said to be the main cause of a person's financial bankruptcy.

 

It also causes public awareness of health insurance is also increasing. A Nielsen survey reported by Suara.com said, the COVID-19 pandemic has made people's desire to add health insurance increase by 35%.

 

 

Well, if you are also one of the people who are currently looking for insurance for your family, there are a few things you should pay attention to. Here are the considerations that you can use to get cheap and good health insurance for your family.

 

Don't Just Focus On Cheap Premiums

Before you look for which insurance is the cheapest, it's a good idea to first look at the provisions listed in the policy, one of which is hospitalization. There are insurance products that cover hospitalization costs according to hospital bills (annual limit), but there are also insurance products/UPS (daily limit).

 

In insurance that applies daily sum assured, the cost of the house exceeding the UP will be charged to the patient himself. Make sure that the terms of the sum assured in your insurance program are not too low with current hospital costs. So, don't be tempted by cheap health insurance premiums because you can lose money.

 

Compare with Other Policies

To get the cheapest and best insurance, you need to do a little research by comparing existing insurance policies. The insurance policy itself contains information on our rights and obligations with the insurance company, including protection from any diseases that are covered in the insurance policy.

 

There are insurances such as Axa and Cigna that cover health costs abroad or with coverage in certain countries. However, there are also insurance policies that only cover domestic medical expenses.

 

This benefit will certainly be very helpful for those of you who frequently travel abroad or require treatment abroad. But, if you feel you don't need this kind of benefit, don't force it take a policy with the freedom to seek treatment abroad, yes.

 

Look for 3 or five insurance companies that you think are the best. Pay attention to the credibility of the company and reviews of people on the internet or colleagues who have used it. Referencing a family health insurance company is important so that you have a better choice.

 

Choose Pure Health Insurance

When you choose a health insurance product, there are probably two types offered. The two types are pure health insurance and health insurance plus investment or unit-linked insurance.

 

In pure health insurance, the policy owner will get a large sum insured even though the premium is cheap. Meanwhile, the protection fund for unit-linked insurance is actually smaller because the allocation of funds is divided into two, namely for insurance benefits and investment. The distribution is between 40% and 60% or different depending on the insurance company.

 

Some financial planners advise against mixing insurance with investment because There is also a risk of loss in investing. Remember again that the purpose of choosing insurance is to provide protection for future health costs, so as much as possible the benefits we get will be sufficient. If you want to invest, look for other investment instruments such as mutual funds or stocks, not insurance products.

 

Study and Research the Policy Well

Try to carefully understand every point in the insurance policy. Usually, every insurance policy includes a kind of glossary containing technical terms in insurance. Understand this glossary well to make it easier for you to read the various terms that will be agreed upon.

 

Also pay attention to the context of the exception contained in the policy. Health insurance generally includes exceptions to health risks arising from user errors such as committing a crime.

 

In standard health insurance, a number of serious illnesses are not covered by the dependents so that if the user experiences them, they must bear the costs Make sure that you study and research insurance policies well, yes.

 

Negotiate a discount

So that you get cheap and reliable insurance, try to find a large insurance company that has the opportunity to discount the price. For example, AXA health insurance can provide discounts of up to 50% for the second child and so on if you choose family insurance. Pretty interesting, right?

 

Choose the Insurance Benefit Needed

The benefits that can be borne by the company are clearly listed in the insurance policy contained in the benefits table. These benefits can be selected by the user according to the selected premium or plan.

 

Insurance users can increase the benefits (rider) related to health by increasing the cost of premiums. This is where your discretion is needed to assess what insurance benefits you need.

 

Find out whether from the family there is a history of certain serious illnesses so you need to find an insurance policy that can cover the disease in the future. for more use the results of a medical check-up to find out what health risks may occur.

 

Don't forget to do a cost calculation for these health risks so you have an idea of ​​​​choosing the annual limit of insurance.

 

Take Insurance From a Young Age

Having health insurance from a young age has many benefits. Generally, insurance prices are influenced by the age of the insured so that younger insurance holders have the opportunity to get cheaper premiums.

 

This is reasonable because insurance companies view young people as having lower health risks than old age. Remember, the cost of family health insurance premiums can be a burden if not managed properly.

 

Taking an insurance policy in old age, besides being more expensive, is also difficult. Some insurance companies, for example, have a certain age limit when someone wants to buy an insurance policy, such as 50 years. People who are approaching the age limit may be rejected by the insurance company.

 

Have health insurance starting from the age range of 25 to 30 years. By the time a person is 35 years old, it is likely that they already have children and mortgage payments so that the financial burden is heavier.

 

Take Advantage of Insurance Brokers

If you are still unsure about choosing a good health insurance product for your family, you can use the services of a broker to be more sure. Insurance brokers play a role in identifying your financial needs and conditions when choosing insurance. That way, the broker can help you choose the right insurance policy.

 

Not only that, the role of the broker can also provide recommendations for safe insurance companies and bridge the negotiation process between the two parties. The use of this insurance broker is regulated by law and is legally valid.

 

You can go to an insurance broker to get a placing slip. By placing the sip, matters related to claims and other matters can be resolved quickly by insurance brokers and insurance companies.

 

Is health insurance important?

Health insurance is also important to have because health costs are increasing every year. Quoted from Kompas.com, for example, said that inflation in health costs was higher than the increase in workers' wages. While in the world, health costs are mentioned as the main cause of a person's financial bankruptcy. So, to keep your finances safe, you should have health insurance now.

 

How to choose a good and cheap health insurance?

To choose a good and cheap health insurance, you can research and compare each policy. You should also choose pure health insurance, don't choose health insurance along with unit link investments, OK! So that the benefits you receive are many, buy health insurance now and postponed, because age affects the premium you have to pay. The older it is, the more expensive it is.