There is a lot of confusion about what is health insurance and its benefits. Medical insurance is nothing but protection against accidents and illnesses. The insurance policies are usually managed by private health insurance companies, private hospitals, and medical treatment centres, and sometimes by the government. There is no dearth of health insurance companies in Kenya, and you will be able to get quotes from all of them on the internet, with some even offering free quotes for almost everyone.
What are health insurance and its benefits? To begin with, medical insurance provides financial help to hospitals and clinics when the need arises. This will also cover the cost of medicines and health care products such as bandages, syrups, and insulin. It is a legal minimum requirement that all Kenyans have at least one month of medical insurance cover. The insurance scheme will pay a percentage of the hospital bills and a certain percentage of your out-patient expenses.
What are health insurance and its advantages? As it is well known, health insurance companies offer the best possible rates. You can check their quotes and compare several health insurance companies. This is a good way to make sure that you don’t go through excessive medical costs.
What are health insurance and its disadvantages? Health insurance companies have high overhead costs, and it is not easy for them to cover all the costs of providing insurance. This means that they will usually charge you a higher premium. Moreover, if you are sick or injured during the policy period, you may not get the medical insurance coverage that you require. Sometimes, you may be unable to even claim insurance because of the delay in processing your application.
What are health insurance and its advantages? There are a number of health insurance plans available in the market. Each health insurance plan has different coverage and benefits. It is therefore advisable to do extensive research on health best insurance companies in Kenya before you decide upon one.
What are health insurance and its disadvantages? One of the disadvantages of health insurance is that it will not cover every health condition. Therefore, if you are diagnosed with cancer or heart disease, you may not be covered. This will mean that you will have to pay the high costs yourself. Also, it may not cover children or those with pre-existing medical conditions.