Health insurance is an essential buy in the present scenario of medical inflation. Also, with the advancement in technology, it is now easy to opt for an online health insurance policy that you can buy from the comfort of sitting at your home. With the help of online reviews, you can make an informed decision. Online reviews are a part of almost every industry, from shopping to dining and everything in between. Even the health insurance companies are accepting this growing trend. Online reviews play a significant role in building a positive reputation for the organization in the market.
Let us discuss how online reviews affect the company’s reputation and how they are helpful for the customers in opting for the right health insurance company.
What are Online Reviews and How They Work?
Online reviews are one of the significant ways to get potential customers with the help of positive reviews. It is the feedback that directly comes from the customer.
Just like a diner logs on to the review site and posts their experience, be it positive or negative, it helps other people decide where to eat. Similarly, the online reviews mentioned on the company’s official website enables the insurance buyer to opt for the right health cover. It has been observed that millennials in the age group of 18-24 rely heavily on technology, and they are more likely to go by the recommendations of others.
If you take a look at the official website of any health insurance companies such as HDFC Ergo, Care Health Insurance (Formerly known as Religare Health Insurance), and ICICI Lombard, you can find several online reviews written on the website. Customers use these online reviews during the buying process to know which health insurance company is the best and have a record of positive customer experiences. With the help of honest feedback from customers, health insurers can increase their customer service and reputation of their organization. It leads to higher revenue and more buyers
90% of consumers prefer to read online reviews before buying any product. And nearly 88% of them believe in online reviews, in the same way for personal recommendations.
Conclusion
In this age of mobile technology, if you do not have an online presence, then you are losing your potential customers. Several organizations are growing their business with online reviews, and the health insurance industry is no exception. A customer might leave an online review talking about its efficient customer team and its wide range of products. Then, other potential customers are looking to buy a health insurance policy and need help in making a decision. It is more likely that they would read the online review before making a final decision.
There are several top medical insurance companies in India, but you need to opt for one that suits your healthcare needs. Making the most from online reviews and honest feedback from customers, they can increase their customer satisfaction.
