Understanding Health Insurance

Health insurance is one type of insurance product that specifically guarantee the cost of health care or insurance the clients when they are experiencing health problems or had an accident. Broadly speaking there are two types of treatments offered by insurance companies, i.e., outpatient and inpatient care.

Outpatient
Outpatient insurance covers the costs of doctors, diagnosis/lab, and medications. The magnitude of the costs incurred are usually specified with the maximum limit for each component per visit/per year and a maximum frequency of visits in one year. Restrictions may also be imposed by a general practitioner referral requires that before a visit to a specialist, or the coverage is only granted when the health service carried out by a registered service provider. Outpatient insurance usually is only an added benefit from hospitalization insurance. In other words, should be the one with the hospitalization insurance.

Inpatient
Inpatient insurance covers the cost of inpatient care in hospitals, which include the cost of the room, the services of doctors, medicines, lab/diagnostic support, surgery, etc. Hospitalization insurance categorization is usually done based on class room.

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