Guaranteed health insurance for graduates is a policy that covers young graduates as they search for jobs. It covers students regardless of their health status or their pre-existing health condition. This insurance is vital for recent graduates who are transitioning from their student insurance, and it offers immediate coverage. With such insurance, young graduates are able to have access to medical services, hence saving income, and preventing unnecessary expenses. This blog explains what guaranteed health insurance covers and the benefits of this insurance.
What does the guaranteed health insurance for graduates cover?
- Medical treatment: This includes hospitalisation, inpatient care, and surgeon fees.
- Mental health counselling: It covers pre-existing medical conditions like asthma or diabetes.
- Diagnosis and prescribed medications: This includes blood tests, MRIs and prescribed medications.
- Accident coverage: It covers against accident injuries, accidental death and ambulance services.
Why do you need guaranteed health insurance as a graduate?
Does not require medical underwriting
No medical underwriting means that the individual does not need to undergo different medical tests or answer in-depth medical questionnaires to obtain the coverage. This type of insurance allows students to acquire the coverage they need regardless of their pre-existing medical problems. Hence, it is faster, convenient and assures guaranteed acceptance.
Provides continuous coverage
Guaranteed health insurance provides the coverage an individual needs after graduating or when they are growing out of their parents’ dependent health insurance coverage. This allows them to have access to medical services whilst they are still looking for a job that provides benefits.
Provides comprehensive coverage
Guaranteed health insurance offers an array of services, designed to cover medical expenses. Individuals have access to prescribed drugs, mental counselling, and emergency visits. With such coverage, the young graduates are able to prevent such expenses, and they are able to have quick access to health medical services.
It is flexible
Guaranteed health insurance can be customized. Individuals are able to select coverage limits, deductibles and select benefits that suit their needs, hence it can be tailored to their own preferences. This insurance has a short wait for approval, which allows students to start getting the benefits as fast as possible.
It provides financial protection.
As young graduates are in between waiting periods and job hunting, the most stressful situation is having unexpected expenses. As such, with this type of insurance, they can still have access to medical services. This removes the stress of using up savings on medical expenses, hence allowing individuals to maintain financial stability.
Conclusion
With this kind of insurance, a young graduate can be at rest knowing they have access to medical services as they search for a job. It ensures that they are not financially vulnerable when medical emergencies occur soon after graduating, and it can be customised to their own preferences. Insure Horizons, which is led by Jas Hans, is ready to help you get this policy. We ensure that our clients get the best services, and our customer service priorities help clients understand the policy so that they can get the best premium that is convenient for them. Get in touch with us, and we will help you get started.
FAQ’s
- Who is eligible for guaranteed health insurance for graduates?
Guaranteed health insurance is designed for individuals who are transitioning out of student or group plans and have completed their post- secondary studies, graduates who are not yet employed or are under part-time jobs.
- What is the benefit period of guaranteed health insurance for graduates?
After applying within the opportune time, the policy can be renewed annually, and lifetime coverage is available.
