Health Insurance: Even after purchasing health insurance, insurance companies did not immediately provide the cover of pre-existing diseases. Most insurance companies used to keep a waiting period of one month to two years for pre-excise disease (chronic diseases) but now you will get the cover of the pre-existing diseases from the day of buying the insurance. Many insurance companies have brought individual policies in which the coverage of chronic diseases will be available from the first day.
For example, Aditya Birla’s Active Health Platinum Enhanced Policy covers chronic diseases like asthma, high blood pressure, high cholesterol and diabetes from day one. On the other hand, the Star Cardiac Care-Gold and HDFC Ergo Health Energy Gold policy will bear the expenses of all diseases arising from diabetes and hypertension. This includes hospitalization expenses.
There is no problem in group health insurance policy
Insurance experts say that the group health insurance policy provided by the companies covers the existing diseases from day one. However, this facility was not available in individual health insurance policies. Insurance companies provide pre-existing diseases cover only on completion of waiting period. Now, with this facility in personal insurance, the general consumers will also get a big relief.
Gatal concept about current diseases
There is a misconception among people that if they are already suffering from a disease like diabetes or high blood pressure then they may not be eligible for a health insurance policy. Some of them think that even if they buy a policy from a good insurance company, the amount of cover will not be sufficient for the treatment expenses after hospitalization.
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Understand before taking policy
Before taking health insurance from any company, gather information about its benefits and cover of the diseases involved. If you do not understand yourself, seek help from a financial advisor. Actually, every health insurance scheme has a list, through which it is told that the treatment of which diseases is not included in that plan. Check the health insurance plan on half of which diseases are included and which are not. This is mentioned in the policy document.
43 critical illnesses covered in a single policy
Bajaj Allianz General Insurance has launched an insurance policy called Criti Care. It is a policy that covers 43 critical illnesses. In this, the customer can design their coverage in any or 5 sections according to their own. This includes everything from the waiting period to the survival period. It will have coverage at both the initial and advanced stages.
