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Subodh
27-03-2009, 03:12 PM
Who does not need Health insurance?

Expert
27-03-2009, 04:02 PM
A person who is covered by his employer or is governed under some corporate rules for payment/reimbursement of Hospitalization costs need not go in for Health Insurance.

A person who has no financial liquidity issue and who can make immediate payment of hospital bills of the order of Rs. 1,00,000 or 2,00,000 or even Rs. 5,00,000 need not go in for health insurance. In this case he is indirectly doing self-insurance which in simple terms means that he will be making the payment himself as and when the need arises.


It means that all others should go in for Health insurance so that, as when they need hospitalization Health Insurance will take care of the same.

It means that by buying this Insurance one is buying peace of mind for the day, when one may need hospitalization

Policy_expert
23-06-2009, 11:33 AM
Who does not need Health insurance?

Who has enough money to pay to hospitals in case of emergency. (Hope you know the answer :p)