Blog

There are many misconceptions among policy buyers regarding health insurance policies and packages. These misconceptions about Health insurance in the UAE can lead to misinformation, confusion, and poor decision-making when purchasing. So, before you buy an insurance policy or amend your pre-existing one, let us discuss some common myths about health insurance.

1. I Don’t Want Health Insurance Because I am Healthy

You may be taking the best care of yourself and are fit, but unexpected events like accidents or illnesses can happen to anyone. The increasing costs of healthcare and treatment can burn a hole in your pocket. So, it is important to get a health insurance plan even if you are healthy.

2. My Health Insurance Will Cover Everything

No, most health insurance policies come with limitations such as exclusions and different restrictions, that prevent them from covering all your expenses and health care needs.

3. I Will Get Paid Only if I am Hospitalized

This is a common misconception regarding health insurance. Insurance companies generally have a clause regarding a minimum number of hospital days, although there are certain exceptions. With the help of advanced technologies, it may not always be necessary for you to be hospitalized to undergo surgery, for instance. Nowadays, such procedures are considered daycare procedures and provide important health insurance benefits.

4. Maternity Programmes Will Not be Covered

This was true some years ago, but now many insurance providers have started offering maternity coverage in their health insurance plans that cover pre-and postnatal care and delivery expenses as well.

5. I Can’t Afford Health Insurance

Health insurance plans are for everyone since there are still many affordable options for health insurance even though healthcare costs are rising. There are a few ways to save money on their health coverage, like comparing plans, exploring government programs, and taking advantage of tax incentives.

6. All Policies Have the Same Coverage

Not all insurance companies offer the same type of coverage; there will be changes according to the plan and budget. Before signing up, it is important to do thorough research on different plans and compare their benefits and costs.

7. The Earning Member of the Family Only Needs Health Insurance

This is one of the popular misconceptions about health insurance that it is required just only for the earning members of the family. Always remember that your health insurance plan should cover the entire family, which includes your kids, spouse, and parents.

Before you invest in health insurance in Dubai it is very important to understand the fine print and policy regulations, as a lack of understanding may lead you to believe myths that are far from the truth.

8. Government Healthcare Is Enough

Government healthcare cannot replace a health insurance policy. This is the reason why the UAE government mandated that all residents have their own health insurance policies.

9. I Can’t Change My Package Once I Sign Up

That's not right. Nowadays most health insurance plans will allow you to make changes to your policy throughout the year. Before you buy a plan, check the details of the plan to see what changes are permitted.

10. Does Short-Term Health Insurance Have the Same Benefits As Other Plans

Short-term insurance plans are generally the cheapest forms of coverage, but they also provide fewer benefits in comparison with traditional plans. As the name indicates, short-term insurance is for a short period of time. Read all documents carefully to understand your plan better.

Conclusion

You may understand the importance of investing in a suitable healthcare plan only after studying the details and policy regulations. A lack of understanding may lead to misconceptions that are far from the actual truth.

The biggest misconception about health insurance is that it is expensive and not affordable. Well, you have to understand that the most comprehensive plans don’t come cheap, but they also represent value for money when you consider the coverage they provide.

Whichever policy you select from insurance companies in the UAE, you have to understand that you are only paying a small fraction of the total benefits that your policy provides. Think about the cost of medical treatments in the UAE and compare it with the cost of an insurance package. The cost of basic EBP coverage starts at around AED 600 per year, which is far less than the cost of medical treatment, and the benefit is clear.

Before you approach any insurance companies in Dubai, do your own homework and research thoroughly. You have to calculate how much money you can afford for insurance and clearly understand all your needs. Keeping all these things in mind will help you in make a decision.