With the rise of health care costs and medical bills, getting a good health insurance policy has acquired immense importance. With a health insurance cover, you secure total peace of mind since you don’t have to worry about expenditure that would be incurred during a medical emergency. A health policy typically covers pre as well as post-hospitalization expenses. This feature, in addition to coverage from loss of income (depends on the policy), is very useful in securing yourself from any economic strain.
On a different note, if you are having a car, you will be having an associated car insurance policy too. Since car insurance is mandatory by law, your car is safeguarded from perils such as dents, scratches, accidental damage as well as theft. Your car policy comes with insurance coverage for the driver. You can also buy add-on features such as increased sum insured amount, additional coverage for passengers and so on. That said, do you know if your medicare covers your car accident injuries? Read on to find out.
A simple answer to the question is that it depends on the nature of accident as well as the type of insurance you have. Who pays your medical bills in event of a car accident is a question that is crucial. Thus it is essential that you understand your medical coverage before buying an insurance plan. Another question that arises in one’s mind is what insurance policy to claim during an accident. That’s because medical coverage may be offered in both policies i.e. health as well as car. In such a case, a right cover must be chosen as per the resulting medical bills and the coverage offered. Another factor that needs to be considered is the “deductible”. This deductible comes into picture if you are claiming in either of the policies. This amount will be required to be paid by you during the car accident settlement.
One important thing that you must check with regards to your health insurance policy is whether it offers cashless claims during hospitalization. This is a very useful feature to have since it saves you from a lot of hassle during a car accident. Some comprehensive health policies offer cashless hospitalization facilities.
To conclude with, typically, your health policy comes into action once the coverage from your car insurance policy gets exhausted during car accident settlement. However, keep in mind that apart from the deductible that was mentioned earlier, you may also need to pay co-payments that may be incurred for your health policy.