Many policyholders who purchased Hao Yibao 6-year or 20-year versions have received notifications about coverage upgrades.
As a result, numerous inquiries have been made regarding whether to upgrade to the Hao Yibao Flagship Version. This product innovatively combines a 20-year million-yuan medical insurance with lifetime coverage for specific critical illnesses, making it an attractive option for those concerned about the stability of their coverage. However, there are important considerations to note before upgrading. Today, we will analyze this issue in detail to help you make an informed decision. 1. Should You Switch to the Flagship Version if You Already Own a Hao Yibao Product? Renewal conditions are a critical factor when purchasing medical insurance. Both the Hao Yibao 6-year and 20-year versions have limited coverage periods, leaving policyholders concerned about renewal. The Hao Yibao Long-term Medical Flagship Version guarantees lifetime renewal for high-risk conditions like cancer and specific cardiovascular diseases, even if general medical coverage is discontinued. This ensures continued protection even if health deteriorates after 20 years. While this seems like an ideal choice, is it the right move? Below, we outline the pros and cons of the Hao Yibao Flagship Version to help you decide. Advantages: – No deductible: Similar to the Hao Yibao 6-year zero-deductible version, the Flagship Version has no deductible. It reimburses up to 30% of general medical expenses below 10,000 yuan, significantly lowering the claim threshold. – Renewal conditions: General medical coverage is guaranteed for 20 years, while 14 specific critical illnesses, including cancer, are covered for life. Renewal is guaranteed even after claims or product discontinuation. Disadvantages: – Stricter exclusions: The Flagship Version excludes high-frequency conditions like herniated discs, hemorrhoids, cervical spondylosis, deviated nasal septum, varicose veins, and sleep apnea. Treatment costs for these conditions can range from thousands to hundreds of thousands of yuan. – Higher premiums: Due to the lifetime coverage for specific critical illnesses, the Flagship Version is more expensive than other Hao Yibao products. The premium gap widens with age. In summary, if you have sufficient budget, seek long-term stability, and can afford the treatment costs for excluded conditions, upgrading to the Hao Yibao Flagship Version may be worthwhile. Currently, policyholders of PICC Health’s Hao Yibao Long-term Medical series who meet age requirements and have no prior claims can upgrade to the Flagship Version without a waiting period or health declaration.This upgrade application feature is being rolled out gradually. You can check if your policy has an upgrade option. If you meet the conditions but do not see an upgrade prompt, you may stay tuned or consult the platform’s customer service.
However, if you did not have conditions like herniated discs before purchasing the previous product, are concerned about excluded diseases, or worry about future premium pressures, you may choose not to switch products. Additionally, some may wonder how the Good Health Insurance Flagship Edition compares to other long-term medical insurance products on the market and whether it is worth choosing. Below, we will provide a comparison. If you are unsure about your or your family’s health condition and whether you can purchase other million-yuan medical insurance products, you can click here for a free consultation. 2. Is the Good Health Insurance Flagship Edition Worth Buying? How does the Good Health Insurance Flagship Edition perform compared to other popular long-term medical insurance products? Let’s take a look: If you are considering purchasing it for yourself or your family, here are some recommendations: For those seeking long-term stability and comprehensive coverage, the Heart Medical Insurance (Longevity Edition) is an excellent choice. It offers extensive coverage, including lifetime cancer medical benefits and general out-of-hospital drug and coverage without restrictions, mitigating some impacts of DRG reforms. Heart Medical Insurance (Longevity Edition) Pacific Health Insurance Medical Insurance Lifetime renewal for cancer medical coverage 20-year renewal for general medical coverage Access to special medical services View review For those with a history of cardiovascular disease or a family history, the Good Health Insurance (Flagship Edition) may be considered. It offers lifetime renewal for 11 cardiovascular diseases in addition to cancer and. However, its are less favorable, excluding conditions like herniated discs, hemorrhoids, and cervical spondylosis. It also lacks coverage for general out-of-hospital drugs and, such as human albumin or cervical traction devices. The above two products, due to their lifetime medical coverage, come with higher premiums. If you prefer lower costs, consider the other three products, all of which offer unrestricted out-of-hospital drug coverage. Choose based on your personal preferences: Star Guardian (Plan 1) offers low overall premiums, longer coverage for pre- and post-hospital outpatient care, and reimbursement for single rooms and durable medical equipment, providing high. Additionally, the health and underwriting standards for these products vary. It is important to weigh these factors based on your health condition. If you or your family members have health anomalies and are unsure about passing the product’s health or want to explore available options, click here for professional advice. 3. Final Thoughts Million-yuan medical insurance is one of the most cost-effective insurance types, offering dignity with premiums ranging from hundreds to thousands of yuan for millions in coverage leverage.Given its significance, even existing policyholders may deliberate whether to switch upon the launch of a new product.
However, the feasibility of switching is more critical than the decision itself. Always assess based on personal health conditions. For those without coverage, early enrollment is advisable, as illnesses are unpredictable and early protection is paramount.
