What is the most important thing in life? It is, of course, health. What we eat and where we step foot can cause incurable illnesses, not to forget the fatal car accidents we hear about everyday. It is therefore no surprise that we spend a major part of our income on medical expenses. Sometimes it becomes a burden because the bills cannot be paid with what one earns. One, therefore, needs to plan for these expenses. No matter how careful you are you will in one way or another fall sick. It is therefore, prudent or wise that you prepare for such expenses in advance.

Many people are of the opinion that health insurance is unaffordable. That is where they are way out of line. They can get affordable health insurance if they look around for it. If you pick and choose the most affordable health insurance, you will be saving tons of money and avoiding the possibility of going into debt and bankruptcy.

The most effective health insurance plans should cover the medical needs of each individual. The plan should be cheap and affordable without compromising on coverage. The premium amount should be low and suitable to a family budget. The terms and conditions of the health insurance plans should be clear and specific. There shouldn’t be any hidden rate or norms. If there is so then it may lead the unsatisfied customers to drop from the medical insurance plans at any time. The purpose of taking the health insurance plans will be of no use for the customers and the insurance firms will also loss a good business.

The most effective health insurance plans should cover all the expenses incurred in the hospitalization and on medical treatment. Moreover the health insurance plans should cover family members and the individual against any kind of financial constraints that are arising from medical treatment and emergencies. If a health insurance policy holder is suddenly hospitalized, becomes ill, meets with accident, then the existing health insurance plan should generally take care of all the expenses on ambulance, blood, medicines, oxygen, hospital room, various medical tests, treatment expenses and almost all other costs that are incurred.

The most effective medical insurance plans should make the policy holder ensures that if he regularly pays the prescribed amount of health insurance premium monthly or quarterly or half yearly or annually depending on the policy holder’s age, then the insurance firm will allow him to certain limit of medical expenses. Therefore the policy holder needn’t spend his own pocket and keep the saving safe. A common man should understand that medical emergencies under any circumstance cannot be neglected or postponed. It is to be noted that an unforeseen expense becomes really inevitable in some situation if medical insurance plan has not been availed by a person.