Many things happen simultaneously in this world, which we do not take into account. For instance, people getting affected by diseases, getting treatments, and many more things.
If we look at the current scenario, we can see that a lot of people are getting affected by the coronavirus. And for their treatment, they visit the hospitals. Moreover, many people have left this world. Is there any kind of security of a financial asset that you can give your family after your death? Yes, that is known as health insurance. And how many types are there under it? And what is it?
Today in this article we are going to see about the benefits covered under the outpatient insurance plan Singapore.
What is health insurance? And what are the two types of health insurance?
Health insurance is somewhat similar to other types of insurance that are being given to people. But in this insurance type, the person insures himself. The procedure is also the same.
You need to make a note that, you will not get health insurance money immediately. Only after a period of 2 to 4 years of plan coverage, you will be able to use the funds that You have deposited.
Furthermore, the benefits availed are given according to the plan that you have selected. That means there are different kinds of plans which give you multiple benefits. Premium plan provides much better benefits than other basic plans.
Under health insurance, two types are outpatient insurance and inpatient insurance.
Let’s see what is outpatient insurance and what does it cover?
Coverage under outpatient insurance.
Outpatient insurance means that the patient is receiving all the medical facilities and treatments from the doctors but he is not kept there overnight. The one wherein the person gets to stay in the medical facility is insured by the inpatient insurance. Which is the opposite of the outpatient.
The coverage under outpatient insurance includes:
- Consultation from the doctors or the specialist.
- Medical expenses as well as special services.
- It also covers the cost of diagnosis. Because sometimes diagnosis cost is also high due to multiple tests that have to be performed.
- The benefit of the check-up is also given to the people who are insured under this policy.
Hence, these are the benefits that are covered under the outpatient insurance plan Singapore. And if you want the benefit of staying overnight for treatment then you must take an inpatient insurance plan.