Pacific Medical Insurance itself is a short-term medical insurance, coverage period of only one year, belonging to the consumer insurance, after the suspension of sale, the insurance coverage for the individual to the effective deadline for the end of the coverage, the premiums that is the meaning of the end of the spend.
This type of insurance is not guaranteed to be renewed. The discontinuation and non-renewal of the insurance policy means that policyholders will not be able to continue with their insurance once it expires.
Taiwan Medical Insurance Liability:
Hospitalization Medical Insurance Benefit
The insurance company will pay the hospitalization medical insurance benefit according to the following agreement for the actual hospitalization medical expenses incurred for each hospitalization due to accidental injuries or illnesses diagnosed by the hospital after the waiting period. If the total amount of hospitalization benefits paid by the insurance company in the same policy year reaches the annual limit of hospitalization as stated in the Table of Benefits of this contract, the contract will be terminated.
Hospitalization Benefit
If hospitalization is necessary due to an accident or illness diagnosed by a hospital after the waiting period, the insurance company will pay the hospitalization benefit for the hospitalization within the insurance period in the following way:
Hospitalization benefit = actual number of days of hospitalization × daily amount of hospitalization benefit. If the hospitalization is intermittent for the same reason, and the interval between the previous discharge and the next admission date is less than 90 days, then the benefit will be paid for the same reason of hospitalization. Benefits for the same reason of hospitalization are limited to a maximum of 90 days. The maximum number of hospitalization days covered by the insurance company in the same policy year is limited to 200 days.
Why buy commercial medical insurance:
1, the transfer of risk
Whether it is a child, the elderly, or we adults, are always facing two major risks: disease, accident.
If we can afford a small illness or pain, then a big illness or serious accident will cause a serious blow to our family!
And insurance is actually a means for us to transfer the risk.
Critical illness insurance and medical insurance to transfer the risk of disease: a serious illness with critical illness insurance can pay a sum of money; medical insurance can be reimbursed for hospitalization expenses.
Accident insurance and life insurance to transfer the risk of accidents and death: accidental injuries caused by disability, death, treatment costs, accident insurance can manage; in the event of the unfortunate death of the breadwinner of the family, life insurance can also give the family a sum of money to continue to support the entire family's living expenses.
2, as a supplement to the social security
Social security is a national welfare, everyone can buy, small illnesses and pain can be reimbursed medical expenses.
But there are some imported special drugs for certain types of diseases, or imported medical equipment, their treatment effect is very good. But the price is expensive, and not in the social security reimbursement scope, we need to pay out of their own pockets, and that for many patients, is a very big burden.
But commercial insurance can solve this problem, health insurance can not reimburse the place, with commercial medical insurance to cover, can further reduce the pressure of our treatment, reduce the economic losses caused by the disease
.