Preparing for Optimal Health Costs

Many diatara we may wonder how I can prepare the funds needed for good health for outpatient and inpatient care for. I have found many articles on this, usually you will immediately buy an existing life insurance additional health insurance, known as riders in it.
Still do not understand the conditions that we finally agreed to buy additional critical illness insurance product. The aim is both to protect critical if we are attacked by the disease, but actually we should be wise to find out if we need to purchase additional insurance. While the cost of buying additional insurance is not cheap.
It is necessary to know specifically for health care costs are highly variable magnitude is still no clear reference, as an example is heart disease (one of the most expensive disease) a person who experienced a narrowing of blood vessels at some point and should be performed heart surgery with the aim of restoring the amount of of blood vessels, based on data obtained in 2011 from our clients, the average cost for the disease is in the range between the Rp 5 million to $ 30 million per day, the fee includes the cost of cardiac surgery (standard conditions without complications) , inpatient space (depending on grade), the cost of doctor visits, drug costs at the time of hospitalization, the cost of check or control kesehatah (blood, urine, etc.) as well as the cost of other necessary medical equipment include oxygen, etc..
Readers are wise range of costs for health care costs in the above case is very large, the cost of living is simply multiplied by the number of days the patient to hospital inpatients. Now back again based on data from some of our clients that the number of days for the above cases ranged from 10 to 20 days, can you imagine how much money is needed? Certainly very great. And what about other diseases? Cancer, lung and others? Well once again it turns out there is no right of reference to estimate the cost of healthcare.
Objectives should be
Based on these facts it is absolutely necessary preparation for optimal health costs, especially when we beada cost of productive age and when we retire. To let us prepare an objective, in this case not easily swayed by the blandishments dealer.
Here are tips for preparing for medical expenses:Health costs should be prepared long before the disease came, earlier the better! Prepare since you started working. Why? Because these costs are significantly if not used can be a backup of your health costs by an amount large enough at the time you retire at age 55 years later. So do not be late in terms of preparing health care costs.
Speaking on the health costs of working age or age, there are two things you should consider, first you absolutely have health insurance (to transfer the risk in the event of illness and hospitalization) and second you must make an investment in the form of mutual health funds in preparation for the shortfall of health insurance in the event of hospitalization.
The basic concept in the preparing for medical expenses is:A. Buy health insurance before the illness, at a young age;2. At a young age, to buy health insurance program inpatient premises of the lowest premium;3. Put the health investment fund in a mutual fund with an investment amount should increase each year, beginning with the number increasing 10 percent annually.
For more details, health costs can be classified according to their age as follows:• the beginning of the productive age range: 21 to 30 years then:A. Choose a health insurance premium cheapest inpatient, you is not advisable to buy additional protection for critical illness insurance. Why is that?, Due to critical illness insurance has the additional premium amount is not small. For this age range possible in a hospital inpatient is very small, except for those who have congenital diseases atapun derived from the family, eg asthma, diabetes, etc.. It should be noted that for certain diseases that are inherited from the family health insurance typically require a period of time to be mengcovernya, say 6 months to 1 year from the insurance policy issued;
2. Invest for supplemental health in mutual funds (excluding health insurance). How much? To age 21 s / d 30 years can be started by Rp 150,000 to Rp 250,000 per month and do increase investment by 10 percent annually. If you do this, assuming a yield of mutual funds is 15 percent per year:a. Over the next 5 years the fund is in the range of USD 15.7 million to $ 26.2 millionb. In the past 10 years the fund is in the range of USD 58.6 million to $ 97.7 millionc. In the past 25 years the fund is in the range of USD 975.7 million to $ 1.6 billion
3. If you already have health insurance or health insurance for hospitalization of the company then you do not need to prepare additional health insurance.;
4. Exceptions for families who have borne diseases such as diabetes, lung and so on., Can purchase a life insurance program that has a terminal illness, on this please read this article to finish, will be explained later.
• age range 31 to 40 yearsA. You are still advised to continue the health insurance program that has existed with the protection a bit more expensive inpatient care, why? Because the range of opportunities you are sick and hospitalized is higher when compared with the period of the previous age.
2. Large investments in mutual funds for health are in the range of Rp 400,000 to Rp 650.000 per month. Increase in fixed investment by 10 percent every year, thus:a. In a period of 5 years of growth would increase funding in the range of Rp 42 million to $ 68.3 million;b. In the past 10 years the growth of the fund continues to grow in the range of Rp 156 million to $ 254 million;
3. If you already have health insurance from the company, then you still are not advised to purchase additional health insurance;4. All you need is the addition of health investments in mutual funds (if finances allow of course);5. But for those who have an inherited disease it is recommended to perform in accordance with the exception of item 4 (ranging in age from 21 to 30 years) above.
• age range 41 to 55 yearsA. You are obliged to continue the health insurance program that has existed with minimal hospitalization protection on the middle class, why? Because the range of opportunities you are sick and hospitalized is higher when compared with the period of the previous age.
2. Major health investments in mutual funds in the range of $ 1 million to $ 1.6 million per month. Increased investment simply by 7 percent every year, why is that? Since we assume that the health fund has been established in the previous period.
3. If you already have health insurance from the company, so in this age period you are allowed to buy additional health insurance, with a record check on a new insurance company if a claim can be paid 100 percent even though it has other health insurance.
4. You can consider buying critical illness insurance. In general, this type of insurance you can attach or add on life insurance. Speaking of life insurance you can also choose a product which has a terminal illness which is a program for the insurance money will be paid when the insured has a medical illness that according to his chances of not more than 12 (twelve) months. The condition that some insurance money will be paid even if the insured is still alive. The money from this insurance can be used for medical expenses of course. As the information between the two types of critical illness insurance as compared with terminal illness insurance, the cheapest of the premium is generally no terminal illness insured.
Thus the reader, we are basically essential to sort out health insurance products and life insurance that suits our age at the time of retirement so that later we still have substantial health funds because at that age would fund much-needed health care. So avoid over-invest in the productive age with any purchase of health insurance is really not so necessary at a young age.