5 benefits of health insurance that might surprise you

When you think about the benefits of health insurance, you probably imagine skipping the long queues at the hospital or choosing your own doctor. But we have to burst that bubble, because there’s much more to it than that! At Naked Finance, we’re all about making finance more accessible and empowering you with the knowledge you need to make smart decisions. So let’s dive into some of the lesser-known benefits that can make health cover a game-changer for your health.

1. Mental Health Support

Finally! Mental health is getting some of the spotlight when it comes to our health and wellbeing. Many insurance policies now provide cover for mental health, offering a range of services from counselling to specialised treatments. This is part of a growing recognition of the importance of mental well-being, with policies designed to provide comprehensive support when needed. By incorporating mental health cover, insurance plans acknowledge the connection between physical and mental health, addressing issues like anxiety, depression, and stress-related conditions. Cover can include both inpatient and outpatient care, along with access to mental health professionals. Some policies even go beyond traditional care, providing innovative options such as online therapy and stress management programs, which can help you get support more quickly. If mental health is a priority for you, be sure to ask your advisor about plans that include these benefits.

2. Overseas Treatment Options

Imagine that you are unwell and unable to get the treatments you need here in Aotearoa. But you can see that other patients with the same ailments as you are receiving successful treatments in other countries. Some insurance policies can now cover treatment abroad, including the cost of travel and accommodation, essentially offering a health plan that spans international borders.

This provides access to world-class medical experts and the latest treatment options available globally. This benefit can be a game-changer for those dealing with rare conditions or requiring advanced treatments that aren't offered locally. Many policies also allow for a companion to travel with you to help you on your road to recovery. This includes covering expenses for their accommodation, and even translation services if necessary. This all-inclusive coverage helps reduce the stress of managing both your healthcare and the logistical aspects of your treatment.

3. Health Screening and Preventive Care

Across the board, we are seeing how preventative measures are far more effective and less invasive than responsive treatment. It is because of this that many health insurance plans include regular health check-ups and screenings. The aim of preventative care is to identify problems and risks before they develop into serious problems.

So what kind of tests and screenings are included in a health insurance plan? Detailed blood tests, genetic screenings for specific conditions, or advanced imaging techniques may very well be used to give early indication of serious illness.

The clear advantage of this approach is its potential to save lives through early detection of potentially grave conditions. Health issues like cancer, heart disease, and diabetes are often easier to treat and manage when found early. By promoting regular check-ups and providing extensive screening options, health Insurance plays a vital role in taking a proactive stance on health.

Some plans even go a step further by offering personalised health risk assessments, which consider factors such as family history and lifestyle to design a customised screening plan. This tailored approach ensures that you receive the most relevant and effective care for your unique health needs.

4. Alternative Therapies

Many alternative therapies are now being included in health plans. Acupuncture, osteopathy, and chiropractic care are just a few of the alternative treatments that some insurance policies now cover, offering options beyond what's typically available through public healthcare. It's like having a wide range of health choices at your fingertips.

The inclusion of these alternative therapies reflects an increasing appreciation for holistic health practices. These treatments can be especially useful for managing chronic pain, stress, and certain musculoskeletal issues. By covering such therapies, private insurance gives you the flexibility to explore various healing options that may better suit your personal needs.

Moreover, some policies go beyond common alternatives, offering coverage for treatments like naturopathy, homoeopathy, or traditional Chinese medicine. This broad range of options helps you craft a healthcare plan tailored to your personal values and preferences.

5. Post-Treatment Care and Support

An area of medicine that few of us consider is the post treatment care often required after these big life events. The care you need doesn’t just stop when you leave the hospital. Depending on your condition, you may need continued support like home nursing or physiotherapy.

This often-overlooked benefit is key for a speedy and complete recovery. Whether it's rehab services, follow-up appointments, or even mental health support, these services ensure you have the help you need every step of the way. Some policies even cover meal delivery, transport to medical appointments, and home modifications if necessary.

For major treatments or surgeries, this level of post-care support can make all the difference in how quickly you recover and how well you feel in the process.

Considering these benefits of health insurance, is it right for you?

At Naked Finance, we believe in empowering everyone to be able to make the right choice on their finances. Depending on your circumstances, health cover may be the next best thing you can do for yourself to keep you happy and healthy. Health insurance isn’t just about faster treatment – it’s about getting comprehensive care that supports your overall well-being. These five benefits are just the tip of the iceberg. To recap, they are:

1. Mental health is now being more widely recognised and supported by health cover plans. 

2. Overseas treatment options so you can get the best treatment on the market… globally.

3. Health screening and preventative care to catch serious conditions early on. 

4. Alternative therapies for a more holistic approach. 

5. Comprehensive post treatment care. 

No two people have the same needs and concerns, which is why we’re passionate about finding the right health cover that works for you. We’ll tailor your cover to fit your specific lifestyle and needs.

At Naked Finance, we take the time to get to know you and your health priorities, so we can recommend what would be the most relevant and valuable to you. And as your needs evolve, we’re always here to help with regular policy reviews to make sure your insurance continues to fit your life.

Let us make finance – and healthcare – more accessible for you!