1. If you buy medical subsidy insurance, when the insured is hospitalized due to accident or illness, the insurance company will compensate or provide hospitalization allowance according to certain standards.
2. If you buy medical reimbursement insurance, the insurance company will pay a certain amount of medical insurance money according to a certain proportion after the insured suffers medical expenses due to accidents or diseases. The most common insurance is the reimbursement insurance for surgical expenses and hospitalization expenses, and some insurances can also reimburse outpatient and emergency expenses.
3. Account-based lifelong medical insurance has only started to rise in recent years. After insurance, you need to pay a fixed premium within a certain period of time, and then the insured can get medical allowance as long as he is hospitalized because of an accident or illness.
Is it necessary to buy medical insurance?
Personally, I think it is necessary to buy medical insurance, whether it is social medical insurance or commercial medical insurance, it is very important for us, because no one can predict whether he will get sick or have an accident. If there is no medical insurance, you have to bear the expenses in the hospital yourself.
The coverage of social medical insurance is relatively limited, and many expenses cannot be reimbursed, such as self-funded drugs, purchased drugs, advanced medical equipment and services. And these costs are generally higher. If you want to get reimbursement, you can buy some commercial medical insurance.