Planning your health insuranceIn today’s times of rising medical costs and lifestyle related illnesses, a medical emergency can happen to anyone at anytime,
The major components of a medical policy that influence the cost of health insurance in Dubai are
Deductibles are not applicable to every type of treatment. Certain treatments, especially in-patient ones, are covered in full which means that you wouldn’t have to pay anything out of pocket. The deductible amounts can vary between AED 25 and AED 75. Plans that have higher deductibles will generally be less expensive. The deductible amount will therefore influence the total cost of your health insurance policy.
Expenses resulting from exclusions
Choosing a plan that suits your needsThe health insurance plans that may suit your colleagues or friends could not be the right fit for you. So before opting for the policies that they’ve purchased, take a step back to think about what your specific needs.
Here are a few of the key factors that you should consider while making this decision:
Do you want a basic coverage health insurance policy or a comprehensive plan?Basic healthcare plans only have the minimum benefits required by the Dubai Health Authority. The deductibles are higher for these plans but the premium are generally much lower. However, for most Essential Benefits Plans, the applicant must have a salary of AED 4,000 or lower.
- Deductible vs. Coinsurance – which should you opt for?
- How much are you willing to spend on a health insurance policy?
- Are the doctors and hospitals you usually go to in the network?
- Do you need a plan that has worldwide coverage?