Health Insurance: A Fundamental Requirement or a Choice?

By Shivam Sharma
  | Published: 20 July 2021 | Last Updated On: 29 July 2021

Don’t gamble with your health, get the right cover at the right price.

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Health Insurance

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Buying health insurance for?
  • Self/Family
  • Domestic Workers
  • Investor

It’s often seen that people keep on stalling health issues for the fear of getting a big fat medical bill that’s likely to drain their savings. Health insurance in Dubai offered a viable and economical option to people to receive the best medical treatment without shelling loads of money. Having health insurance policy in the UAE protects your savings by providing financial support in case you need medical attention. In exchange for an annual premium amount, the health insurance providers in the UAE promise to pay for all the medical bills covered under the policy.

Why people do not buy Health Insurance?

Despite the benefits offered on health insurance in the UAE, many people do not consider health insurance as a valuable investment for several reasons:

Lack of knowledge

Even though some serious lifestyle diseases have significantly increased in the UAE, people remain unaware of the health risks. They fail to realize that health insurance in Dubai can provide for them in their difficult times. Oblivion to the impact of illness on finances, people tend to ignore the importance of health insurance which proves costly later.

Lack of trust

Some people want to purchase a health insurance plan in the UAE but they hesitate due to a general lack of trust. People often do not trust health insurance companies and believe that health insurance in the UAE will not pay for their medical bills in the hour of need or the process of getting the bills settled will be too complicated to comprehend. Therefore, they choose to rely on their savings.

Overestimating Immunity

One of the most common reasons cited by people for not purchasing health insurance is their (over)confidence. Many people believe that they are less prone to falling sick. It is commonly believed by people that investing in health insurance in the UAE is a wastage of money since they would not be falling sick and the entire premium that they will be paying over the years will be wasted. However, what needs to be understood here is that human body is vulnerable, and irrespective of your medical history or your family’s legends of immunity, you are always prone to falling sick or getting injured. Overestimating our abilities can become the biggest threat to our health.

Misconception

Instead of checking the health insurance premium, some people believe the rumours that health insurance is costly and end up not purchasing it.

These reasons prevent many people from benefiting from health insurance in the UAE. However, it is important to understand that health insurance in the UAE is not an option but a necessity.

Why Health Insurance in Dubai is important?

Let us say that you wake up one morning and feel excruciating pain in your lower abdomen. You decide to consult a doctor who runs some tests and inform you that you have a hernia. The doctor suggests that you require urgent surgery to prevent complications. Now the hernia surgery may put a serious dent in your savings if you do not have health insurance in the UAE. However, if you have health insurance in Dubai, you will have easy access to the best healthcare services that’ll not drain out your savings. This may include pre and post-hospitalization expenses such as pain killers, other medicines, diagnostic tests, etc. Besides, the health insurance provider will also pay for your surgery, stay in the hospital, and other hospital-related expenses which otherwise would cost you over AED 20,000 in the UAE.

A health insurance policy in the UAE will help you in affording the best medical treatment anywhere in the country without spending too much money. There are several advantages of purchasing health insurance in Dubai:

Saving your savings

The soaring prices of hospital treatment have made it extremely difficult for many to afford premium health care services. With health insurance in Dubai, you can be stress-free since your health will be covered against many illnesses ensuring that you do not lose your wealth after your health.

Constant Health Risks

According to a UAE-based health journal, obesity is one of the most common health problems in the UAE. While obesity does not have any immediate impact on your health, it gradually deteriorates your health leading to serious lifetime or urgent health problems. For instance, obesity increases the possibility of a hernia. Similarly, obesity indicates an increase in cholesterol that might affect the functioning of the heart and cause serious heart problems. It also causes diabetes and blood pressure problems. All these illnesses (if turn serious) can result in loss of savings and life. Health insurance in the UAE ensures that even when you are in hospital, your finances remain untouched.

Old age benefits

In case you are retired and you fall sick, the financial burden of your medical treatment will fall on your family. Health insurance in Dubai gives you the freedom to remain financially independent even after retirement since it can offer health benefits up to 65 years old and even later in some cases. This ensures that you do not have to depend on anyone to receive the best medical attention you deserve.

Pre-existing medical condition treatment

Not only health insurance in the UAE protects your finances against any illness or disease you might get in the future but also covers you for any pre-medical condition that needs medical requirement. The health insurance plans in the UAE offer treatment for pre-existing medical treatment as well. However, the waiting period to receive treatment may vary according to the insurance provider. In any case, health insurance in Dubai not only covers you for future health problems but also for the health problems of the past.

A wider range of plans

In case you are a family person, you can consider purchasing health insurance for your family members as well. This will ensure that irrespective of the financial circumstances in the future, your family will receive the best possible medical attention without worrying about money. For this purpose, you can explore family health insurance plans in the UAE that may provide a wider range of benefits at a lower premium.

Considering the financial losses your family and you may have to bear in case of medical illness without health insurance in the UAE, it would be safe to suggest that health insurance in the UAE is not a choice but a fundamental requirement.

Top Health Insurance providers in the UAE

To purchase the most suitable health insurance plan in the UAE, we bring you the list of top health insurance providers in the UAE:

  • ADNIC Health Insurance
  • Aetna Health Insurance
  • Al Sagr Health Insurance
  • Alliance Health Insurance
  • Aman Health Insurance
  • AXA Health Insurance
  • Cigna Health Insurance
  • Daman Health Insurance
  • DNIRC Health Insurance
  • MetLife Health Insurance
  • Noor Takaful Health Insurance
  • Oman Health Insurance
  • Orient Health Insurance
  • RAK Health Insurance
  • Salama Health Insurance
  • Sehteq Health Insurance
  • Takaful Emarat Health Insurance
  • Union Health Insurance
  • Watania Health Insurance

 

Shivam Sharma
Shivam Sharma

He has a content writing experience of over 6 years in academics, newspapers, and biography writings along with a Masters and M.Phil in History. A researcher at heart, he likes to read books, play games, and binge-watch. He seeks to garnish the driest of topics in humour whenever he can and believes in brevity and simplicity.