“Health is wealth” — It is not merely a saying but a fact we must believe in.
It does not matter how rich you are or how many luxuries you can afford; you certainly cannot enjoy them if your health is at risk.
While some health risks are unavoidable, we can prepare ourselves to cope with them without spending lakhs on expensive treatment. This is where the need for a good health insurance policy comes in.
Health insurance from leading insurers like Tata AIG acts like a shield, fostering quick recovery by covering our medical expenses.
But this is not the only benefit offered by health insurance plans; most health insurers also offer several wellness benefits with their policies.
If you are looking for health insurance in Kerala or any other Indian state, this blog is for you. It will discuss all the common well-being benefits that come with a reliable health insurance plan.
Keep reading!
What are the Well-Being Benefits of Health Insurance?
Well-being benefits or wellness benefits are the perks offered by health insurance providers to their policyholders. Typically, these are based on the reward programs run by the insurers. It means each policyholder is given points in specific areas, such as following a healthy lifestyle or purchasing certain exclusive plans.
Once there are enough points, they can be redeemed to earn various perks like free health check-ups, discounts on policy renewal, access to healthcare maintenance facilities, coupons, and so on.
How Does a Wellness Scheme in an Online Medical Policy Work?
The top insurance providers in India offer well-being benefits in the form of rewards and wellness points with their healthcare policies. Most insurers allow you to take part in their wellness programs and earn rewards.
You may be asked to link your fitness tracking device with the insurer’s app to help them track your fitness level on various parameters. Further, the insurer may post various fitness challenges for policyholders on their app. If you qualify for those challenges, you become eligible for reward points.
If you are unsure of whether or not your insurance policy offers such a wellness scheme, check out your policy documents carefully or contact your insurer for clarification.
Common Well-Being Benefits in Health Insurance Online
While the well-being benefits vary from one insurance provider to another, some common perks are included in a majority of health insurance online plans. Following are some of the top 5 wellness benefits in health insurance:
- Health Check-Ups
Most healthcare insurance policies offer preventive medical check-ups to the policyholders. It means you can get your routine check-up to monitor your health and take preventive measures. These check-ups are usually available at the empanelled facilities of the insurance provider. Further, these can be either free or discounted.
- Personal Wellness Mentor
As part of their wellness programs, some insurance providers also offer their policyholders a personal wellness mentor or coach. The mentor helps the policyholders follow healthy habits and offers personalised courses to help them achieve their fitness goals.
- Discounted Medical Services
In some cases, the well-being rewards can also be redeemed to earn impressive discounts on selected medical services like dental check-ups, consultations, diagnostic tests, and so on. Besides, you can also earn healthcare coupons and vouchers that can be used for buying healthcare products and supplements.
- Discounts on Policy Renewal
This is another common well-being benefit most healthcare insurance providers offer. You can use your wellness rewards to get discounts on your policy renewal fees. Besides, you can also use them to lower your policy premium.
- Access to Wellness Facility
Healthcare policyholders can also enjoy access to premium healthcare maintenance facilities empanelled by the insurance company. These include gyms, yoga centres, sports clubs, and so on.
These are just a handful of benefits that come with well-being insurance coverage. Different insurers offer different wellness programs to their policyholders.
IRDAI Guidelines for Well-Being Benefits on Health Plans
- The objective of health insurance wellness programs is to improve the health of the policyholder.
- Insurance providers should offer everyone the opportunity to enrol in these programs without any discrimination.
- Insurance providers should reward the policyholders who have shown improvement in their health.
- The personal information submitted by the policyholders must be kept confidential.
Final Words
Well-being benefits are the perks that come with health insurance plans. These help policyholders maintain their health and enjoy amazing deals and discounts at the network facilities of their insurance provider.
Remember, these benefits vary from one insurer to another. Therefore, it is advisable to confirm the same with your provider. They should be able to provide you with the details and guide you on how you can earn them.
