Changing patterns in the lifestyle has started taking a toll on people’s health. Diabetes being one of those diseases, it has affected far more than majority of people. The medical expense for Diabetes is far more than any other illness. The rising incidence of diabetes is not just impacting an individuals’ personal life, but also financially.
The probability of having the need to pay large hospital bills increases, unless you have dedicated diabetes insurance plan, much of the expenses will have to be shed out of one’s own pocket. So how about owning an exclusive diabetes insurance plan? Since diabetes falls in a high risk category of diseases, it’s important to find the most appropriate insurance policy which will cover the requirement of the insurance seeker.
Apollo Munich Health Insurance Energy
Apollo Munich Health Insurance Energy is one such specialized policy that covers diabetes and related illnesses (Type 2 Diabetes Mellitus, Hypertension, and Impaired Fating Glucose). Besides this, the insurance cover also takes care of regular hospitalization without any waiting period. This plan also offers with coverage for 144 day care procedures. On renewal, the policy holder can avail discounts up to 25% as a reward for maintaining good health. The total sum insured options range from Rs. 2 lakhs up to Rs. 10 lakhs. Besides this, there’s an additional wellness plan inbuilt that takes care of wellness tests and support that includes coaching to manage your diet and health, and the service of online data sharing. Do not invest merely on the basis of the premiums offered; the premium amount will change as the age band changes.
Star Health Diabetes Safe Insurance Policy
A diabetes focused Insurance policy offered by Star Health provides an individual as well as floater coverage. This plan provides coverage right from day one after the medical screening of policy holder. In case of policy rejection after the completion of screening, 50% of the medical screening charges will be charged to the policy seeker. People in the age bracket of minimum 18 years and maximum of 65 years are eligible to take this insurance. There’s no exit age in particular, besides which there’s an option of renewal beyond 65 years, which is guaranteed. The sum insured here is Rs. 3 lakh, 4 lakh, 5 lakh and 10 lakh. The policy covers all the complications arising due to diabetes, or hospitalization caused for all other illnesses. It also overs pre-hospitalization expenses up to 30 days which should be prior to the date of hospitalization. In addition, any post-renal transplant complications or second transplant caused due to failure of first one is also covered under this policy.
A comprehensive diabetes health insurance plan provides coverage for multiple conditions without being concerned for managing multiple plans. An insurance seeker must look for the take away from the policy before making the final choice. The cost covered and premium offered play an important role. So measure the pros and cons of the respective policies and make a wise choice for a care-free life!