Factors to consider while making the perfect health portfolio

People have become lot more health conscious these days. Still, evolving lifestyle coupled with occupational hazards, unhealthy food habits and increasing environmental pollution are bringing about intricate health issues and triggering the need of health insurance. The profusion of health insurers along with health plans have made it utterly easy to find health covers. The tough part is the selection of the right plan.

Many people commit the mistake of going by the face value of health plans. Some look to imitate the plan of others without realizing their unique needs. Hence, one should choose the cover after keeping several different factors into account. Among these factors, the lifestyle and demographic and are the most vital influence.

Age and family structure

The health cover needs of a single and young person will be different than the needs of a married person with children. A young person has fewer health issues and less likely to have pre-existing diseases. So, a health plan with hospitalisation coverage will suffice his requirements comfortably.

A married person with spouse and children should look for a family floater plan to cover all family members under one umbrella. In this regard, it is important to note that the premium amount of such plans are usually determined on the basis of the number of people included.

Middle-aged people, on the other hand, are more vulnerable to health related hazards. It is, therefore, wiser to increase the sum insured amount to stay protected from massive medical expenses. Availing top-up plans is the best way to raise the sum insured amount.

Dependent parents

While availing a health cover one should also take their parents' health status into consideration. Dependent parents who are already retired require health coverage as well. Medical costs start to swell at this age and without a health plan senior citizens will have no choice but to make a dent on their savings.

Senior citizens who used to be central government employees enjoy comprehensive health cover even after facilities. For them a top up cover on their existing central government health scheme would be enough. Those who are or were not government staffs can opt for retiree policy on offer by many health insurance providers.

Occupation

The type of job one is associated with is also a big influence in the selection of the right kind of health cover. For an example, those who work in sales department have to roam around the city. Usually these people have irregular eating schedule and therefore, their health risks are higher than that of in-house employees. These people should opt for a health plan with larger sum insured.

Hereditary and pre-existing medical conditions

People with pre-existing conditions are more vulnerable to health issues. Certain people also have hereditary diseases such as high or low blood pressure and diabetes and the likes. Since, insurers impose a lot of conditions for these people it is prudent to opt for a plan early in life when such health issues remain dormant.

If one pays heed to these factors,finding an appropriate plan would be lot simpler.