Senior Citizen Health Insurance in India
Health is wealth, isn’t it? From the day a baby is born, He or she is taken care of by their parents until they grow up and understand the actual world. The children are taken care of from the infant stage by following a regular schedule of Vaccination as advised by the doctors. But Why? Because Parents want to take all precautionary steps and measures for their children so that they do not fall sick and get diseased.
After acquiring the adult stage we take care of our health but additionally, we have to look for the health of our Parents as well as our children. The disease continues to plague mankind for decades. With the outbreak of disease, people have become very concerned about their health. It is rightly called life a treasure.
With the current Breaking of Coronavirus worldwide, people are becoming more and more aware of health because the disease is no longer a cure. The rate of recurrence of this particular virus is higher than in other diseases. Everyone now needs to be fully covered by protection from disease and infection.
Without diseases, the risks are not clear what can happen unknowingly. We assure you and the protection of your family without any worries or obligations. A healthy body with a healthy mind is always seen. Taking care of your health and protecting your family from any financial risk of any kind of illness or disease (Infectious or non-communicable) Health coverage is something that everyone and his or her family members should do.
Do We Really Need Health Insurance?
Does life insurance guarantee your health? Not well. But you are including the most important part of your life – your income and the financial stability that your family provides. Life is full of uncertainty. We face various dangers in our daily lives including dangers in our lives.
We do not know if anything bad will happen to us at any time, but it is very likely that we will take steps to reduce the financial impact of these risks and to protect ourselves financially. Life Insurance is a clear way to prevent financial losses.
Health Insurance Provides people with care and maintenance without emergency medical care. Diseases that afflict any person or family members can be treated if that person has a Family Health Insurance. In a time when busy with unexpected road accidents due to heavy traffic, each of us needs to be properly covered by Health Insurance.
Not only during life but also after some kind of failure of the Family Health Insurance event that keeps our family free. Health Insurance Provides a sense of security for each individual and their family members. Health insurance has become a necessity with the rising cost of health care services and life-threatening illnesses.
After acquiring the age of 60 Years and above i.e. Senior Citizen, the immunity system gradually decreases with the increase of age and so more focus and attention is required for them, Senior Citizens are more prone to develop various kinds of diseases with the decrease in their Immunity System and thus we have to assure that to Protect them and to be more attentive towards them we definitely have to ensure them under some Health Insurance.
Health Insurance for Senior Citizens
Care for the elderly or just the elderly is the fulfillment of special needs and different needs for the elderly. The broad term includes services such as assisted living, aged care, long-term care, nursing homes (often referred to as residential care), hospice care, and home-based care. Due to the diverse national care system for the elderly, as well as the cultural diversity of older citizens, it is not limited to any single practice.
For example, many Asian countries use state-run care for the elderly, preferring traditional methods of care for younger generations of family members. In India, there are two types of families. Combined family and the nuclear family. In Combined family Senior Citizens are well taken care of whereas, in Nuclear Family or isolated senior citizen couple living together, they have to be more attentive towards their health and so they need to have Health Insurance Mandatorily.
In our country, there are many Health Insurance companies providing Health Insurance for Senior Citizens. Since senior citizens may have already developed certain diseases like hypertension, Diabetes, Heart Disease, Depression, and so on; they need to pay added attention to their health by covering themselves with Health Insurance.
- Also Read – Care Health Insurance Plan – Keyfeature
All the Health Insurance Plans are absolutely free from any deduction under the Income Tax Act. Some of the leading Players dealing in senior citizen Health Insurance Plans are-Care Health Insurance, Star Health Insurance, Max Bupa Health Insurance, HDFC Ergo Health Insurance, ICICI Lombard Health Insurance, Bajaj Allianz Health Insurance, Aditya Birla Health Insurance, Cholamandalam Health Insurance, Digit Health Insurance, IFFCO Tokio Health Insurance, Kotak Mahindra Health Insurance.
SBI Health Insurance, Royal Sundaram Health Insurance, Reliance Health Insurance, Universal Sompo Health Insurance, etc.
Some insurers may offer coverage to themselves and your Spouse, while others may include other family members (Independent, Spouse, Father, and Mother) on the basis of the family apartment. The final premium is based on the age of the oldest family member.
When selecting a Senior Citizen’s Health Insurance Plan from any Service Provider, the following points regarding memory-
While the shortlisting of the adult citizenship scheme is for those who allow for a maximum age of 60 years.
Check the age until the program can be updated. Select an age renewal program.
Learning is the core of the program. See if this plan meets all your needs such as concealment of existing diseases, OPD treatment, and critical illness cover.
Social insurance companies offer a wide range of integrated options. The most expensive insurance policy is popular as it provides good coverage.
The scheme premium is one of the factors to consider when buying an old citizen health insurance plan. Make sure the system is premium.
Choose a plan with a large number of network hospitals, preferably in your area
Senior citizen health insurance plans come with many benefits for senior citizens. Some of them are stated below:
- In-patient hospitalization cover (including Room Rent And Medical Bills)
- Cashless hospitalization in all insurer partner Hospitals
- Ambulance expenses
- Nursing at home
- Life support equipment
- Cover for pre-existing diseases
- Availability of a higher sum insured options
- The fast and hassle-free claim settlement process
- Tax benefits under Section 80D of the Income Tax Act, 1961
The number of members covered under a senior citizen health insurance plan varies as per the type of the plan as well as from insurance company to insurance company.
Some insurers may offer coverage to them and to the Individual Spouse, while others may include other family members (Independent, Spouse, Father, and Mother) on the basis of the family floater. The last premium is based on the age of the oldest member of the family.
When choosing a Senior Citizen’s Health Insurance Plan from any of the Service Providers, the following points regarding facilities should be a definite reason
While the shortlisting of the adult citizen program goes to one that allows for a much older age than 60 years.
Check the age until the program can be updated. Choose an advanced age refresh program.
Learning is the core of the program. Check if this plan covers all your needs such as concealment of existing diseases, OPD treatment, and critical illness cover.
Social insurance companies offer a wide range of proven sum options. The most expensive insurance policy is popular as it offers great coverage.
The program premium is also one of the factors to consider when buying an older citizen’s health insurance plan. Make sure the system is premium.
Choose a plan with a large number of network hospitals, preferably in your area.
Senior Citizens are experienced and they are our guide now we should guide them to take the right Health Insurance Plan so that they can live happily in their coming life spans.
THINK FOR THEM, THEY HAVE THOUGHT FOR YOU ADVICE FOR HEALTH INSURANCE