As we already know, a health policy is a contract between the insurance company and the insured. The company is determined «the insurer», and the user «the insured». The purpose of the insurer is to provide support to the insured in the event of any eventuality or medical expenses generated during the term of the contract or policy.
One of the main reasons why a person buys a health policy is to reduce the waiting time for social security, that is, private insurance can respond much faster than public insurance. It also provides more comfort and privacy to the patient when requiring hospitalization.
A health policy provides you with financial support in the event of a health emergency, since it offers different coverage’s that can help you in those times of emergency.
- General medical care
- Pregnancy and childbirth (only if the maternity policy is attached)
- Pediatrics for insured persons who are 14 years of age or younger
- Immediate hospitalization without waiting lists
- Health care in case of traffic accidents
- Home and outpatient emergencies
- Online consultations and telephone assistance
- Preventive medicine and diagnostics
- Reimbursement for medical expenses
However, to acquire a health policy, you must have a series of requirements. The main ones are:
Requirements and Conditions of a health policy
Some insurance companies have a series of requirements or conditions that the user must have in order to purchase a health policy in their company.
- Do not exceed the established age limit; some companies have an age range to purchase a health policy. This can be variable depending on the insurer, and if you are older or have the age indicated in the clause; you will not be allowed to purchase a health policy with that company because you are considered a person at risk.
However, there are companies that do not have age limits, you just have to look for the one that best suits your needs.
- Premiums; once again, age is a variant in this regard, since the cost of the premium will depend on the age of the insured and his or her state of health. For the payment of premiums, the insured may choose according to their possibilities, whether monthly, quarterly, semi-annually or annually.
- Pass the grace period; the grace period is the time that must elapse so that the insured can make use of certain services of the policy that they choose. An example of this is the maternity policy. It has a grace period of 8 months; once this time has elapsed, the insured can make use of it.