How to Buy Best Health Insurance Plans Online from Policybazaar UAE?
With the rising cost of healthcare, having a comprehensive health insurance plan is crucial to safeguard yourself and your family against unforeseen medical expenses. Policybazaar UAE offers you the most convenient way to buy health insurance online dubai with a user-friendly interface.
You can use our platform to compare health insurance policies, premiums, and features before making an informed decision. With a wide range of options to choose from and expert guidance available at every step of the way, Policybazaar UAE makes buying health insurance a seamless and transparent process.
Follow the steps given below to buy health insurance UAE plans via Policybazaar UAE
- Step 1: Visit the official website of Policybazaar UAE
- Step 2: Fill out an online form with all the specifications to get health insurance quotes for Dubai
- Step 3: You’ll be presented with a list of health insurance plans designed to cater to a variety of needs and budgets
- Step 4: You can compare and choose the plan that best fits your requirement and budget.
- Step 5: Upload the specified documents like your passport, visa, and Emirates ID.
- Step 6: You will be redirected to the new page where you can find the key features of the chosen plan, premium breakups, and more
- Step 7: Our concerned customer representative will contact you and help you buy the right health insurance Dubai policy.
Common UAE Health Insurance Terms
Given below is some health protection jargon that you should be aware of –
Deductibles refer to the amount of money that a policyholder is required to pay at a medical facility before the insurer starts covering the costs of healthcare services. By requiring policyholders to pay a certain amount out of pocket before the insurance company steps in, deductibles help keep insurance premiums more pocket-friendly for everyone.
For instance, if you have a health insurance Dubai plan for AED 1,000,000 and incur a medical bill of AED 1,200,000, you would be required to pay AED 200,000 out of your pocket to settle the bill. Afterwards, the insurance company will cover the remaining AED 1,000,000 of the bill, subject to the terms and conditions of the policy.
Co-payment is a cost-sharing arrangement between the policyholder and the insurance company where the policyholder agrees to pay a percentage of the medical expenses out of their own pocket while the insurance company covers the remaining percentage of the cost.
For example, if a health insurance Dubai plan has a co-payment of 20% and the policyholder incurs a medical bill of AED 10,000, then the policyholder would be required to pay AED 2,000 (i.e., 20% of the bill) out of their own pocket, while the insurance company would cover the remaining AED 8,000.
In-Network and Out-of-Network Hospitals
In-network hospitals refer to medical facilities that have a tie-up or agreement with the insurance company to provide medical treatment to the policyholders under the insurance plan. When a policyholder receives medical treatment at an in-network hospital, the insurance company would pay their bills directly to the hospital. However, the policyholder has to pay deductibles and make the copayment as applicable.
Out-of–network hospitals, on the other hand, do not have a tie-up with the concerned insurance provider. When a policyholder gets the treatment in a non-network hospital, the insurer shall not pay the treatment amount upfront. Nevertheless, the policyholder can apply for reimbursement after the treatment.
The waiting period refers to the duration for which the policyholder must wait before they can avail of the benefits of the policy. Some health policies may have waiting periods for pre-existing diseases and more.
The sum insured refers to the maximum amount of money that an insurance company will pay out for medical expenses for a policyholder under the terms of the policy.
A pharmacy limit is a cap or limit on the amount of money that an insurance company will pay for prescription drugs and medication expenses under a health insurance plan. It is a predetermined amount set by the insurance company to limit the coverage for prescription drugs.