The medical insurance policies for senior citizens are intended to cover a wide range of medical costs that are acquired by the policyholder. Gifting health insurance to your matured guardians or senior citizens in the family is the best method to care for their necessities.It is vital to buy health insurance for senior citizens in India because of a few reasons –
Seniority makes you inclined to illnesses: After an age, a man wishes to resign and get by on the benefits or the premium earned from funds. In any case, becoming more established has a tendency to draw in afflictions and contraction of maladies.Calm planning with health insurance plans:
Though falling wiped out is unavoidable with maturing, you can in any case plan to ensure all the critical medical consumption is dealt with in a methodical and hassle-free way.The obligation emergency in the family: The Sudden emergency as far as afflictions can be a tremendous budgetary hit to your family.
On the off chance that the more established individual doesn't have a senior citizen health insurance plan, at that point the provider of the family would need to trudge harder to pay off the medical costs, oversee family costs, and pay off advances assuming any.
This adds to the evil and matured individual's blame, influencing them to feel like a weight to the family. Why sit tight for such a circumstance to emerge when insurers offer the best health insurance plans for senior citizens?
Maturity carries with itself a few afflictions that are costly to treat and care for. Health insurance for Senior Citizens is offered by different insurance organizations, particularly for individuals who are matured 65 years or more. These health insurance plots promptly cover any sort of medical costs caused by clients.The more seasoned we get, the more our physical and mental worry over funds and the capacity to manage the cost of good healthcare.
A senior national health insurance plan is intended to offer money related guide for medical medicines to individuals more than 60 years old in their hour of need. Senior national health insurance plans offer critical illness cover, cashless hospitalization, previous ailment cover, and a higher sum assured.
With expanding, age comes the additional danger of contracting maladies and falling wiped out.
Since, the later long periods of an individual's life are physical all the more difficult and monetarily less stable, having a medical insurance plan to deal with any pressing medical consumption is an astute move.
Health insurance plans for senior citizens/guardians offer different extraordinary highlights like cashless hospitalization, critical illness coverage, particular coverage for illnesses like Cancer, Stroke et cetera.
Best Health Insurance Companies In India
- Bajaj Allianz Health Insurance Company Ltd.
- Apollo Munich Health Insurance Company Ltd.
- Bharti AXA Health Insurance Company Ltd.
- Religare Health Insurance Company Ltd.
- Max Bhupa Health insurance Company Ltd.
- Future Generali Health Insurance Company Ltd.
- HDFC ERGO Health Insurance Company Ltd.
- HDFC ERGO Health Insurance Company Ltd.
- Aditya Birla Health Insurance Company Ltd.
- Oriental Health Insurance Company Ltd.
- United Health Insurance Company Ltd.
The absolute most huge highlights of health insurance plans for senior citizens in India are as expressed below-
- Hospitalization cover including medical bills and room charges
- Cashless Hospitalization
- Day Care costs which emerge out of technological progressions
- Ambulance vehicle Charges are covered
- Pre-existing diseases are covered based on the insurance provider
- No medical test required before benefiting medical insurance. This depends on the insurance supplier
- Higher sum insured coverage
- Pre-existing disease coverage
- Speedier and hassle-free settlement
- Tax benefits on medical insurance premium
- Benefit treatment and medical offices over a large group of hospitals the country over
- Appreciate Cashless treatment and every day remittance (relies upon safety net provider)
- Renewal of policy choice
- Domiciliary Hospitalization cover
- Appreciate free-look period
- Avail health check-ups yearly
- Reload of sum insured
- Step 1: Fill Basic Details of You & Your Family, Set Your Sum Insured Amount & Get FREE Instant Quote.
- Step 2: Compare Low To High Premium Amount Plans Of India's Best Insurance Companies.
- Step 3: Compare Each Plan in detail. Policy Brochure are Available.
- Step 4: Select Best Maternity Health insurance plan & Buy.
- Step 5: Fill Basic Details of You & Your Family, And Get your Policy Number.
- Step 6: Make Payment Online (Net banking, Debit card, Creadit card Are accepted)
- Step 7: Bingo Your Policy is Genarated.
- Step 8: Get soft-copy on your E-mail within 2 min & hard-copy within in 5 days at your home address.
Documents needed to apply for senior citizen health insurance
You need to provide below mentations documents to apply for an senior citizen health insurance
Throughout the years, the future of a normal Indian citizen has expanded with enhanced and propelled healthcare items and administrations.
Senior citizens who don't have a steady income will be unable to bear the cost of opportune and satisfactory health care. This is the reason a senior citizen health insurance policy will come in convenient.
Here is a guide on the best way to choose the privilege mediclaim policy for individuals more than 60:
When comparing different health insurance arrangements, pick one that has a section age of 60 to 80 years, with the goal that you can buy a health cover for your folks even after they have crossed 60.Renewal age:
Check the most extreme renewal age of the policy which is the age till which one can renew the health insurance policy. Pick a policy with the greatest renewal age.Insurance coverage:
Ensure the health insurance policy offers coverage against countless including prior conditions. Such illnesses are covered after a long holding up period, so pick a policy with a lower holding up period and a more extensive coverage of illnesses including medical conditions like diabetes, tumor, and so forth.Sum assured:
Private insurance companies offer a higher sum assured on mediclaim strategies for senior citizens compared to open division insurers.
A higher sum assured is ideal as it will to a great extent cover the individual against medical crises.
Choose a safety net provider with a high number of network hospitals, especially in your area. On account of a medical crisis, your parent can benefit cashless hospitalization in one of the network hospitals in the region.
As the insurance premium of a policy is reliant on the age of the individual, the insurance premium for a senior citizen will be high. Settle on an individual senior citizen health insurance plan rather than a family floater plan.Know the medical history:
While buying a health policy for your senior citizen guardians, you have to know their medical history. In any case, unfortunately they too might be unconscious of numerous common medical conditions that they experience the ill effects of.
In such cases, it is hard to depend entirely on their knowledge of their medical history. Before giving such data to the insurance company, it is constantly better to cross-confirm.Compare and choose a plan:
There are numerous current and new senior citizen medical insurance plans accessible online in India. It is basic to compare the diverse plans. Comparison between the different health insurance plans for senior citizens should be possible on components, for example, coverage, value, riders/additional items, considerations, and prohibitions.Fill proposition form:
While choosing the policy, fill in applicable and exact data. Incorrect data could cause issues and your back up plan will dismiss the application.Complete a medical check-up:
The insured would need to experience a medical screening in the wake of presenting the proposition frame. The specialists on the board of the insurance company would confirm the data identified with the medical conditions of the policyholder.
Contingent upon the health of the guaranteed, a couple of medical tests would be conducted by the specialist. A portion of the tests incorporates lipid profile, blood schedule, sugar, pee schedule, kidney and liver capacity, sonography, and so forth.
Note: There are certain senior citizen medical insurance plans that don't require pre-policy medical screening tests.
While choosing a health insurance policy, it is vital to first evaluate the insurance prerequisites of the individual, consider his or her medical condition, compare different strategies from top insurance suppliers in the country, lastly, read the policy archive carefully for considerations, avoidances, holding up period, and claim process.
On the off chance that you are a senior citizen or you need to buy a health insurance policy for a parent who is a senior citizen, remember the accompanying 5 things while picking a reasonable health cover for individuals more than 60:
Compare the highlights of different plans:The picked health insurance policy must cover the individual's particular needs, for example, chemotherapy, organ gift, dialysis, and so on. Make a point to check for highlights, for example, sub-confine on room lease and consultation charges, and co-pay.
On the off chance that as far as possible is low or the co-pay is high, you may wind up paying a higher sum out of your pocket.
Pick a high sum assured:
Take medical swelling and medical vulnerabilities into account while picking the sum assured which is the aggregate sum for which you or your parent will be protected.
Make a note of the holding up period:
Considering the age of the senior citizens, it is protected to state that a lower sitting tight period for previous sickness cover is more conducive. Pick a plan with a lower holding up period so the insurance cover can come in helpful when the existence guaranteed needs it the most.
Separate policies for parents:It is prudent not to incorporate guardians who are senior citizens in the family floater plan as the premium depends on the oldest individual from the family.
Not just that, even the renewal age is reliant on the age of the oldest part. While the whole family shares the sum assured, it could be used by a parent in one claim.
Co-payment:Most insurers offer senior citizen health insurance plans with a co-payment choice which basically implies, the policyholder will bear a piece of the medical costs.
Co-payment is typically least 20% of the claim sum. In any case, a few insurers offer a diminishment in co-payment for each renewal.
What isn't covered under senior citizen health insurance? We should discover –
- Any ailments contracted within 30 days of profiting from the policy
- Any non-allopathic treatment
- Costs identified with wounds caused without anyone else's input
- Any prior injuries/illnesses
- Costs because of a result of drug abuse
- Medical costs amid treatment of AIDS
- Certain illnesses like joint substitution and so forth are covered simply following 2 years stretches of benefiting the policy
- Cost of spectacles/focal points and dental treatment (aside from emerging out of accident)
- Cosmetic medical procedure
- Damage because of war, demonstration of outside armed force and so on.
What Is Covered
If you are admitted for treatment in a network or a non-network hospital for more than 24 hours.They are providing better services to policy users.
PRE & POST HOSPITALIZATION
Medical expenses including diagnostic reports, medicines etc. for the treatment you are hospitalized.
DAY CARE PROCEDURES
OPD treatments are not included, but procedures such as cataract and kidney stone removal are covered (even if they don't need 24-hour hospitalization).
For medical and other out-of-pocket costs in case of an accidental injury. In fact, this cover is active from the very first day of policy insurance users.
Best Health Insurance Plans in India
|Insurance Companies||Health Plans||Sum Insured (Min/Max)||Pre- Existing Diseases||Co- Payment||Pre/Post Hospitalization||No Claim Bonus|
|Religare Health Insurance Co.||NCB SUPER PREMIUM||2Lacs/5Lacs||Covered after 4 years||Applicable||30/60 days||Max up to 150% of SI|
|Religare Health Insurance Co.||CARE||2Lacs/4.5Lacs||Covered after 4 years||Applicable||30/60 days||Max up to 150% of SI|
|Religare Health Insurance Co.||NCB SUPER PREMIUM WITH UAR||2Lacs/5Lacs||Covered after 4 years||Applicable||30/60 days||Max up to 150% of SI|
|Religare Health Insurance Co.||CARE WITH UNLIMITED RECHARGE||2Lacs/5Lacs||Covered after 4 years||Applicable||30/60 days||Max up to 150% of SI|
|Aditya Birla Capital||ACTIV ASSURE - DIAMOND||2Lacs/10Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV ASSURE – DIAMOND WITH UNLIMITED RELOAD||2Lacs/12Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ENHANCE (HYPERTENSION)||2Lacs/5Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ENHANCE (ASTHMA)||2Lacs/10Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ENHANCE (DIABETES)||2Lacs/12Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ENHANCE||2Lacs/13Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ESSENTIAL (DIABETES)||2Lacs/10Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
|Aditya Birla Capital||ACTIV HEALTH ESSENTIAL (HYPERLIPIDAEMIA)||2Lacs/10Lacs||Covered after 4 years||Applicable||60/180 days||10%/20%|
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