A lawyer friend of mine once said that a sudden death was a family’s worst nightmare. Close behind it is the scenario when a when a family member is hospitalized. The family is plunged into a nightmare of uncertainty. What will happen if…? A seemingly small ailment turns overnight into a major illness. And when that member of the family is the breadwinner? This is when a sound health insurance policy proves to be worth every penny spent on it.
‘Health is Wealth’, says the adage. At the same time health care costs are spiraling with no end in sight. Make sure your health insurance policy covers hospitalization and all other associated costs, such as operating theatres, radiology, anesthetics, after- care, etc. Don’t set yourself up for unpleasant surprises because you didn’t read your health insurance policy.
As your age increases so does the frequency of visits to the doctors and the number of tests. Make sure your health insurance policy is active and covering everything. Don’t let these medical costs become a major burden in your pension or low income years. If you were wise when you acquired your health insurance, this is the time you will enjoy the benefits that have lain dormant all those years.