India, March 20 -- Every Indian family typically starts the conversation about medical insurance with a common question: "Do we need a mediclaim?" Mediclaim is a word that has found its way into daily conversations today and is often used interchangeably as a catch-all term for some type of insurance that pays for medical/hospitalization costs. When this word is being used, there is a common mistake being made and it is costing families money. All mediclaim is health insurance, however, not all health insurance is only mediclaim insurance. Realizing the difference between the two is not a simple, semantic matter; it is an important first step to take when choosing appropriate protection for a family. Experience shows that understanding po...