1. General medical insurance, general medical insurance gives the insured general medical expenses related to the treatment of diseases. It mainly includes outpatient costs, medicine costs and examination costs. This type of insurance has a lower premium cost and is more applicable to the general public. Because of the difficulty in controlling expenditures for medicine and examination costs, this type of policy generally has a deductible and cost-sharing provision, whereby the insurer pays a certain percentage of the portion above the deductible, and the cost of insurance is set once a year. The insurer is no longer responsible for expenses incurred for each illness that cumulatively exceed the insured amount;
2. Hospitalization insurance, since the expenses incurred for hospitalization are often very high, hospitalization expenses are treated as a separate insurance policy. The cost items of hospitalization insurance are mainly the daily hospitalization fee (bed fee), the cost of utilizing hospital equipment, the cost of surgery, and the cost of medicine. The length of the hospitalization period will have a direct impact on its cost, so the amount of this insurance should be based on the patient's average hospitalization cost. In order to control unnecessary prolonged hospitalization, hospitalization insurance generally stipulates that the insurer is only responsible for a certain percentage of all costs, not all of them;
3. Surgical insurance, which provides for all costs incurred by the patient due to the need to undergo a necessary surgery.
4. Comprehensive medical insurance, which is a comprehensive medical expense coverage provided by the insurer to the insured for all expenses incurred for medical treatment and hospitalization, surgery, and so on. This type of policy has a higher premium. A low deductible is generally determined along with an appropriate sharing ratio;
5. Specialty Disease Insurance, certain specific diseases often bring catastrophic cost payments to the patient, which is difficult for the average resident family to afford. Examples include cancer, heart disease, etc. Therefore, people usually require such policies to have a relatively large sum insured in order to be sufficient to cover the various expenses incurred by them. The major diseases for which coverage is provided to policyholders can be single, such as malignant tumors, or even certain types of cancers among malignant tumors; or multiple, listing several agreed major diseases, such as malignant tumors, myocardial infarction, uremic poisoning, vital organ transplantation, tetraplegia, cerebral stroke and coronary artery bypass grafting surgery, and so on. Once the insured person is diagnosed with the major diseases stipulated in the policy by a certain level of hospital after 180 days from the effective date of the policy, he/she can apply to the insurance company for a full payment of the insured amount, and the insurance responsibility will be terminated immediately.
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