Diabetes is not an ailment that we can take lightly. It is a chronic medical condition, where a person’s blood glucose levels become unusually high, caused increasingly due to unhealthy lifestyle habits, besides hereditary factors. Even many young adults, too, have diabetes. This disease, if left unchecked, can impact vital organs like the heart and kidneys. Living with this condition means strict eating habits and constant monitoring of health. Treatment may be long term, and here is where a person starts to think about finances to afford medical care. Health insurance plans in India are now easily available, as one can find numerous options online.
People with diabetes can now get a health cover, unlike some years ago when it was quite difficult. In fact, leading insurers, such as Care Health Insurance, offer customized health insurance for diabetes. These plans give comprehensive protection for a diabetic patient.
If you or your family member has diabetes, then here are some reasons you should buy a diabetes health insurance plan.
In India, health insurance plans for diabetes, offered by leading insurers, cover a patient’s medical expenses, such as:
- In-patient care, room rent, and ICU charges
- Ambulance charges
- Pre and post hospitalization medical costs
- Day care treatment procedures
- Domiciliary care
- Dialysis cover
- Organ donor expenses
In addition to the above coverage, a health insurance policy for diabetes includes daily hospital cash benefit, companion benefit, annual health check-up, and automatic recharge of sum insured. With such comprehensive coverage, a person can be free from any worry about hefty medical bills.
When a medical emergency befalls and a patient is rushed to the hospital, it is a stressful time for the entire family. At this point, arranging for cash payment for hospital bills can be all the more difficult. To ease the burden, leading insurers now have tie-ups with hospitals – known as network hospitals – for offering the cashless treatment facility to the insured. A patient can easily get admission for cashless hospitalization and need not make any payment. The expenses are settled by the insurer, subject to the policy terms and conditions.
Going for a regular health cover can be expensive for a diabetic patient. It is so because the premium will increase owing to the pre-existing condition. The premium will even be higher if it is a family floater policy, so it is not a good idea to include the person in a family floater plan. Instead, go for a customized health insurance plan for diabetes that is much affordable, and you would get adequate protection.
Moreover, for the premium you are paying, you become eligible for a tax deduction, as per Section 80D of the Income Tax Act.
To conclude, it is not at all advisable to depend on your family’s savings to bear your medical expenses, as it will slowly drain out and leave you in financial distress. If you are concerned about your health and financial safety, it is necessary to invest in the right health insurance policy. So, get a diabetes health cover for yourself or your loved ones dealing with this ailment.