Today, a large number of insurance companies operating in different areas of the UAE offer varieties of health plans and insurance products. Thus, finding a suitable insurance plan has become a difficult task.
While considering medical benefits, the biggest quandary experienced by a person includes important factors to consider before selecting a policy. Along with your available budget, you have to compare and buy medical insurance in Dubai to get the right coverage and benefits for your specific requirements. Accordingly, you have to consider the following things-
Pre-existing conditions refer to conditions, which exist at the time of or before you take any health insurance policy. This has a huge influence on your overall premium amount of the policy. A few of the insurance companies give 100%coverage in the case of pre-existing conditions, especially for a relatively high premium amount.
However, other insurance companies give coverage only after any predefined duration. For instance, your coverage may start after 6months of buying the insurance policy.
Co-payments and Deductibles
Deductible refers to fixed charges, which you have to pay from your own pocket while you undergo any treatment. When you buy medical insurance in Dubai, you may usually find this term as co-insurance or co-payment. These are of the following types-
- Payment of a Fixed Amount in a Single Visit
According to the mentioned type of deductible, you have to pay a fixed amount, which is anything between AED 20 and AED 75 for each of your doctor’s appointments. These deductibles are applicable in case of outpatient treatments. Accordingly, such treatment options do not require any patient to stay in the hospital for more than a day period.
In the case of co-payments, you have to make payment of a certain percentage of the total cost of your treatment.
- Annual Deductible
You have to pay an amount as an annual deductible. For instance, you have to pay 1000 AED for your annual treatments. Any charge exceeding this amount is payable by your insurance provider. To make the most, you should compare and buy medical insurance from a company that offers low deductibles and cashless benefits.