Our fast-paced life and eating habits have led to a rapid rise in diabetes, high blood pressure, and hypertension. These diseases, usually clubbed under the term lifestyle diseases, affect millions of Indians every year and are no longer limited to people of specific age groups.
We know that with rising medical costs, getting quality medical care has become a costly affair. In addition to the hospital bills, other expenses like annual check-ups, ambulance costs, and specialised treatments add up to a hefty amount. So, how can you prepare yourself for this? Here we will look at the benefits of taking diabetics health insurance and what it includes.
What does diabetes health insurance cover?
According to the National Diabetes and Diabetic Retinopathy Survey report, diabetes in India is at 11.8%. Add the rising medical costs and inflation, and it is clear that we need to save and invest to ensure that we are ready to face these medical issues.
So, what does diabetes health insurance cover?
It includes cashless treatments that allow you to simply show your card at any network hospital and avail of their medical benefits. The diabetics health insurance also helps you pay for day-care treatments in addition to any expenses that you may incur during pre and post-hospitalisations.
In case of an emergency, you will also need to access the best medical care, including an ambulance. The diabetics health insurance covers this. In addition to this, the cover also gives you daily allowances which you can use for things like commuting and attendant costs. If your claim amount is over, you can also recharge the sum insured.
In addition to hospital benefits, it also provides you with annual health check-ups, including all the insured members under diabetes health insurance. In addition, the insurance also gives you tax benefits. Win-win!
Why do you need diabetes health insurance?
Lifestyle diseases like diabetes, hypertension, and high BP are prevalent today. Such conditions usually require constant care and may even need immediate hospitalisations. Taking diabetics health insurance helps secure you and your family’s future by saving up for unexpected expenses.
Medicines and quality medical care can cause concern if you do not save for these expenses. With cashless hospitalisations and an ambulance cover, it also gives you hassle-free access to medical facilities in case of emergencies.
Taking diabetics health insurance helps you not burn a hole in your wallet and have easy access to money in times of an emergency. It also enables you to get tax benefits, making it the best bet to invest in your future and save.
Even if you have a pre-existing condition, you can take the insurance. It helps you cover all the expenses related to diabetes, hypertension, and high blood pressure. Just ensure that you disclose the pre-existing illness.
Depending on the type of policy you take, there may be a waiting period. For example, at Care Health Insurance, we have a waiting period of 24 months for a pre-existing policy.
Some health insurers also provide dialysis cover. It is beneficial because usually, you have to pay for it per sitting, which can total up to a huge bill. Some health insurers will also allow you to buy add-ons to your current plan. These include home care expenses and an upgrade to your current health check-up plan. It can help you customise the plan according to your needs, ensuring that you get the maximum benefits.
Getting insured against diseases like diabetes is critical to getting financial freedom. It helps you bear medical expenses and helps you get the best medical facilities for you and your family. With benefits like day-care treatments, health check-ups, and ambulance cover, it is your best bet in ensuring that you are ready for any unexpected expense.