Insurance coverage for surgical and medical expenses is an agreement in which an insurance company is ready to undertake a guarantee of medical compensation for medical expenses. This happens if the insured falls ill or meets any unexpected accident, leading to hospitalisation. Usually, the insurance companies have tie-ups with the hospitals to provide cashless treatment to the person who has taken the insurance. Or, in case the companies have no tie-ups with the hospitals, the insurance company reimburses the cost of expenses that the insured incurred. Health insurance is widely accepted, and also the government promotes health insurance by providing deductions from the income tax. However, in the private sector, medical expenses are more expensive.
The mediocre if wishes to approach medical treatment in such private sectors; the 'health insurance' gives the person the shoulder. Hence it is essential to have health insurance. It serves the people at the right time to meet their needs.
