☀️It's a lazy Saturday afternoon. You've been waiting for almost an hour now and you can't help but look at the receptionist intently hoping he will call your name.
And then suddenly when you least expect it, you hear your name called out loud. (2/8)
😷You walk into the doctor's room. He directs you to a certain spot and measures your height. He then checks your weight.
He makes you sit straight and then takes your blood pressure. He listens to your heart & lungs and orders a blood test for cholesterol & blood sugar. (3/8)
And just before you leave, he offers some advice on how you can lower risks for diabetes, heart disease, and cancer.
You get your reports the next day and everything is perfect. You don't need follow-up care. At least, not until next year. (4/8)
💡What you just had was a full body health checkup. And while some people might just ignore it altogether, it gives you a certain peace of mind.
Now usually these #health checkups can cost you anywhere between ₹1,000 and ₹1,500. (5/8)
And if you're fairly regular with these checkups, it's going to weigh on your pockets consistently.
Once again, we know it's not a lot of #money. But it wouldn't hurt if you save on these costs entirely. And that's why some insurers will pay for your health checkups. (6/8)
Okay, maybe they won't do it every year. But even if they do it once in 2 years it's still an added bonus, right?
💡Ditto Advice: While it’s not a deal-breaker, it is definitely nice to have a policy that offers you a free health checkup every year. (7/8)
We help you select the most suitable health insurance policy for you & your loved ones. Book a call - bit.ly/3koiTh0
Here's a simple guide on how you can effectively claim your health insurance👇
Part 1- Cashless claims.
A thread.🧵(1/10)
#Insurance companies have tie-ups with a number of hospitals to manage cashless claims, you might have heard them, cause insurers love to brag about them. (2/10)
They are called network hospitals and here, the hospital and the insurance company settle the claim amongst themselves, with little to no effort from your part. (3/10)
Warren Buffett's Berkshire Hathway earns almost 30% of its total revenues (that's $70B) from its insurance business.
How did insurance come to be a money-minting machine for the conglomerate?
A thread👇 (1/10)
First, we need some context on how insurers operate.
Insurance companies generally earn money through two routes. Perhaps the most obvious one is to charge premiums to customers in exchange for the provision of insurance. (2/10)
But insurers also make a large chunk of revenues from investments made through their 'insurance float'. (2/8)
A simple checklist to select the best health insurer for you.
A thread🧵(1/12)
1.) Network hospitals:
You may have seen this word plastered on every insurer's website, but what it basically means is that if you're hospitalized in one of the insurer's network hospitals, you can avail cashless payment from your insurer. (2/12)
The insurer pays to the hospital directly without you having to pay up and be reimbursed later. So an expansive hospital network is always a good thing. (3/12)
How far would a brand go to make sure that customers are always engaged?
That’s Ping An – the world's biggest insurer, at least when measured by its total assets. (2/8)
At first look, they have invested in sectors and technologies that have nothing to do with insurance but on second look, they have everything to do with insurance. (3/8)
Insurers can give you BONUS coverage every year you don't make a claim. How?
An important read👇 (1/8)
Insurers will tell you they want you to stay fit and healthy. In fact, they will even incentivize you in a bid to achieve this objective. (2/8)
For instance, how would you feel if somebody told you they’ll up your cover (above and beyond the sum insured) by 50% each year in the event you don’t claim insurance. That would be amazing, right? (3/8)