How Does an Individual Health Plan Work?

An individual health plan is a type of individual health insurance plan that comes with a set of benefits to the insurance holder. You can consider getting an individual health plan from a reliable health insurance service provider like Bajaj Finserv. Individual health insurance plans are beneficial for both the company as well as for the employees of an organization. When you go for buying an individual health plan under some lucrative small-business health program options, it becomes quite affordable to get hold of the policies.

Here are some of the important points that can help you in understanding the workings of the hospital cash cover under an individual health plan:


  • Network Hospitals: These are the hospitals or medical centers that are listed under the specific insurance policy and are meant to serve the insurers. Network hospitals usually consist of doctors, therapists, specialists, and so more. The specific insurance company tends to have predetermined contracts with the respective hospitals for the treatment of the insurance holders at lower premium rates.

  • Submission of the Claims: When a particular network hospital has offered treatment, the insurance service provider moves forward with filing the claim. You are required to submit the necessary documents to the insurance company for receiving your reimbursements.

When you are looking for the best individual health insurance plans out there, you can consider getting it from Bajaj Finserv.


Additional Read: Individual Health Plan – How Does it Work?