Why is millions of medical insurance so cheap?
According to the product introduction of Million Medical Insurance, it is not limited to social security drugs, diseases and treatment methods. Whether it is self-funded drugs, imported drugs, specific drugs, ICU, radiotherapy and chemotherapy, surgery fees, etc. As long as it is a "reasonable and necessary" fee prescribed by a doctor, millions of medical insurance can be reimbursed. Is it really incredible that such a perfect guarantee is only a few hundred yuan a year? So why can the premium of millions of medical care be so cheap?
Reason one: Millions of medical insurance have deductibles.
Friends who have bought millions of medical insurance or related employees should know that each million medical insurance has a deductible, ranging from 10000 to 20000 yuan. The so-called "million" means that the maximum compensation can be 12 million or even higher, which is the upper limit, not the lower limit.
As long as it is medical insurance, it is reimbursed at its own expense, and so is millions of medical care. The introduction of million medical insurance says "the maximum payment is 3 million", but don't forget that there is a deductible. If you want to get millions of medical compensation, you must first pay the expenses within the deductible. According to the statistical bulletin on the development of national basic medical insurance in 20 18, after deducting the deductible line 1000, the per capita hospitalization expenses of employees are only 65438. The insurance company only needs to reimburse this 1000 yuan. This is why the premium of millions of medical care is so cheap, and the key lies in this deductible.
Deductible refers to the amount agreed between the insurer and the insured in advance. If the loss is within the specified amount, the insured shall bear the loss himself, and the insurer shall not be responsible for compensation. For example, someone spends 50,000 yuan on medical treatment, 25,000 yuan on social security reimbursement, and 25,000 yuan at his own expense. If the deductible is 6,543.8+0,000 yuan, then 6,543.8+0,000 yuan will be deducted and the insurance company will reimburse 6,543.8+0.5 million yuan.
Reason 2: Millions of medical insurance implement natural rates.
Friends who have studied the millions of medical insurance clauses should know that its premium is calculated according to the natural rate, and the annual premium is different, which will increase year by year with the growth of age.
For young people in their twenties, it is true that as long as 200 yuan and 300 yuan can have a million guarantees, it is a veritable "hundred" medical care. But for middle-aged people in their fifties, the premium will exceed 1000 yuan.
The characteristic of natural rate is that with the increase of age, the probability of illness increases, so the rate also increases. Especially after the age of 50, the growth rate is particularly obvious.
The cheapness of millions of medical insurance is aimed at young people because the existence of natural rates is not very friendly to middle-aged and elderly people.
Reason 3: Millions of medical insurance is not guaranteed to be renewed.
Many people have this idea: since millions of medical treatments have deductibles, minor illnesses and pains can be covered, then serious illnesses can always be covered, right? Indeed, at present, all million medical insurance can protect major diseases, without limiting the types of diseases, and the deductible for major diseases is zero.
This picture is beautiful, but has anyone thought about a question? At present, medical insurance is short-term insurance with a term of 1 year. It is natural to apply for an insurance company when you are young, but with the increase of age, the probability of illness rises linearly. If I get sick one year later and get out of danger, can I continue to renew my insurance next year? This is a very big variable.
At present, major insurance companies are saying that they will not refuse to renew their insurance because of the insured's personal physical condition. In addition to good medical insurance, the six-year guarantee renewal is written into the contract, and almost all medical insurance has a commitment to continue to renew the insurance until the age of XX, but we must be clear that the continuous renewal is guaranteed. [This paragraph is promoting medical insurance, does it have an impact? In addition, it is suggested to change it to a positive reminder. Most multimillion-dollar medical services cannot be guaranteed to be updated. ]
Why can't millions of medical insurance guarantee renewal?
First of all, the uncertainty of the medical industry is too great, and inflation, government policies and the progress of medical level will significantly affect medical expenses. If the insurance company can guarantee the renewal, the follow-up risk is too great. Insurance companies are profit-making organizations, not charities, and actuaries will not let insurance companies do business at a loss.
Secondly, only insurance companies with life insurance qualifications can operate long-term health insurance, while property insurance companies can only operate short-term health insurance, so it is illegal to guarantee renewal.
Is it necessary to buy millions of medical insurance?
Although Million Medical Care is a very popular medical insurance product, it is called "universal medical insurance", but the insurance company that runs Million Medical Care does not make money. Take Zhong 'an as an example. In 20 18 last year, Zhongan had a net loss of 1800 million yuan.
Then why do you want to vigorously promote million medical care when Zhongan is losing so much money? The purpose of doing this is to enhance the popularity, occupy the market, and drive the sales of other insurance products of the company headed by Million Medical. [This paragraph seems to have no guidance either]
For example, we take the average premium in 500 yuan. If we issue a policy of 300,000 yuan, we need the insurance premium of 600 people to pay it.
Since it exists in the market, it must have its meaning, otherwise it would have stopped selling and been removed from the shelves. For young people who are still in the initial stage of life, there is not enough economic level to support them to buy expensive long-term critical illness insurance. It is also a good choice to use medical insurance to spend the early stage. You only need a few hundred dollars, you can give yourself millions of protection, even if it is a serious illness, you will not have no money to spend.
In addition, for those who have already bought critical illness insurance, buying a medical insurance can make the protection more adequate.
Class notes:
Today, I will take you to briefly analyze the reasons why millions of medical insurance is so cheap. Friends who are still hesitating, act quickly, no one knows when the accident will come. Bai Baojun also wants to tell you that when insuring for millions of medical care, you must read the health notice carefully and be honest.