Diabetes, a lifestyle condition, has become one of the most common diseases these days. This can even be found in people in their 20s. The worst part of this condition is that it cannot be cured. You can only take measures to keep it under control. However, this will slowly start affecting your various organs in the body. The medicines for diabetes are expensive and once you are diagnosed with it, you have to visit the doctor for a consultation often. As a whole, it becomes a costly affair.
In one such situation, you must opt
for something that can save you some money. One of the best ways is to purchase
a health insurance plan. The
majority of the people who hear about a health insurance plan consider it a
waste. They think they will never get sick; thus, do not need to put their
money on one such policy. Seldom do they realize that the money they pay for
the consultation fees at the hospital or clinic can all be reimbursed when they
have a health insurance policy.
If you are planning to buy health insurance for diabetes patients,
you need to keep some of the things in mind. Here are the things that you
should know while considering a health insurance plan for diabetics.
Purchase
a health insurance plan if you are already a diabetes patient
If you already have been diagnosed
with diabetes, you must put your money in a specialized plan that is meant only
for diabetes patients. Although you will come across several such plans in the
market, the majority of the health insurance policies for diabetes are for
patients with Type-2 diabetes. These plans will also cover the diseases such as
kidney, heart, and even the amputation costs that are related to this condition.
The cost of dialysis is also covered under health insurance policies.
Choose
the right plan
if you have not yet been diagnosed
with diabetes, you can buy a regular indemnity plan, which is also called the
basic plan. You can add a top-up plan or even a critical illness plan. The
majority of the insurance companies in India cover diabetes in their top-up
plans.
Waiting
period
All the health insurance plans come
with a waiting period. However, the majority of the health insurance plans for
diabetes come with zero waiting period. You must take a look at the waiting
period to make sure it is zero waiting period.
Claim
settlement ratio
To be sure whether you will be able to
claim the sum insured or not, you need to check the claim settlement ratio of
the insurance company. If the claim settlement ratio is higher, you can go
ahead. Also, you must check the claim settlement process.
Things
that are covered under the health insurance plans for diabetes patients
As you buy a health insurance policy
for diabetics, you will get many things covered. Let us take a look at them.
·
Waiting
period: The waiting period in a health insurance plan for diabetics is zero.
You can avail of the benefits from day one.
·
In-patient
hospitalization: Your medication and treatment in the network
hospitals will be covered.
·
Pre &
post-hospitalization: Your medical expenses related to diabetes 30
days before hospitalization and 60 days after hospitalization will be covered.
·
Ambulance
cost: Your expenses for the ambulance will be covered.
·
Organ donor
charges: The expenses related to organ transplants are covered.
·
HbA1C check-up: Expenses
related to diabetes are reimbursed.
Now if you want to find health
insurance policies for diabetics, you can visit the website of IIFL. You will
come across some of the best health insurance plans for diabetes.
