As we go through our busy lives, there is more stress and less focus on maintaining a healthy life. Unfortunately, one drawback of this is that we have several lifestyle diseases that can hamper our dreams.
A rising medical cost means getting quality medical care is becoming more and more expensive. Aside from hospital bills, you must factor in expenses such as an annual check-up, ambulance rides, and specialised treatments. Diabetes is one of the most common health conditions that affects millions of people. Health insurance for diabetics is a financial product that provides monetary support to deal with the healthcare expenses.
According to a study, there are about 77 million people in India that have diabetes. Thus, millions of Indians suffer from these lifestyle diseases every year. This particular condition no longer affects a specific age group. However, most people are still hesitant about buying health insurance for diabetics. This is mainly due to the misconceptions around the product.
Hence, we have answered some common questions that you may have regarding health insurance for diabetics:
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Which expenses does the health insurance for people with diabetes cover?
You can benefit from cashless treatments at any participating hospital simply by showing your card with your insurance. The insurance will also cover your daycare needs. In addition to expenses you may encounter before and after your hospital stay.
Will the policy cover ambulance expenses?
Health insurance for diabetics will also cover you if you need emergency medical care, including an ambulance. In addition, the policy gives you a daily allowance that you can use for things like travelling and attendant expenses.
Does health insurance for people with diabetes include check-ups?
In addition to the hospital benefits, individuals who have health insurance for diabetics are also eligible for annual wellness check-ups. It works well to ensure that you detect diseases early, which helps you take care of them.
What is a pre-existing disease?
A pre-existing disease is an ailment that you had before you signed up for health insurance. It could be an injury, an ailment, or a condition. You must disclose before you purchase health insurance for diabetics to avoid any disappointments in the future.
Does health insurance for people with diabetes cover pre-existing diseases?
If you have a pre-existing condition, you can still get insurance. It provides you with coverage for diseases like high blood pressure, diabetes, and hypertension. Just make sure you disclose the condition beforehand.
What is the claim process for health insurance for people with diabetes?
To claim your health insurance for diabetics, submit a duly-signed claim along with the necessary documents like hospital bills. However, if it is a case of cashless payments, then the insurer will pay directly to the hospital in its network. Therefore, ensure that you notify your insurer about the hospitalisations as per the period specified.
Does the policy include tax benefits?
Yes. If you have diabetes, health insurance for diabetics makes it easier to take care of yourself in times of need. Furthermore, it allows you to get tax benefits, making it one of the best investments you can make for your future. Some health insurers allow you to buy additional coverage to your current policy. The cover also includes an allowance for commuting costs and attendant costs.
Can you include add-ons to health insurance for people with diabetes?
In addition, insurers providing health insurance for diabetics may also offer add-ons, such as coverage for home health care expenses and an upgrade to your current health check-up plan. By customising the plan according to your needs, you can ensure that you receive the most benefit from it.
What is the amount of coverage you can get under health insurance for diabetes?
Each health insurer has its own defined coverage that varies according to the type of the policy. It is important to find an insurance provider that can cater to your needs appropriately. Renowned insurance providers like Care Insurance can be trusted to take care of your financial needs and offer additional benefits that are valuable for diabetics. It allows you to cover medical expenses and ensures that you and your family receive the best medical care available.
Source: https://idf.org/our-network/regions-members/south-east-asia/members/94-india.html
