‘Prevention is better than cure.’ Let’s hear how Kishore safeguarded himself from deep trouble. Five years ago, when he was just 24 years and healthy, Kishore availed a health insurance policy as his family had a medical history of illnesses. After just three years, he was diagnosed with a chronic disease.
Luckily, his health insurance policy paid the medical expenses. Health insurance is absolutely important in today’s world where health problems are increasing, triggered by lifestyle changes, improper eating habits, tight work schedules and any other reason.
In addition to lifestyle diseases like diabetes and hypertension, people are also prone to deadlier illnesses like stroke and heart ailments. So, protect your health by availing a health insurance plan.
The good news for people suffering from chronic illnesses is that even they can avail health insurance. Pre-existing health conditions are covered by many health insurance plans after a waiting period of 2-4 years. Let’s consider a few common diseases and understand how they can impact your health insurance policies.
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See Also: How to Buy Health Insurance Policy?
Hypertension, also known as high blood pressure, may lead to critical health complications. The disease also increases the probability of strokes and heart problems. Many health insurers consider hypertension to be a pre-existing disease.
You are expected to wait for a certain period to be able to receive the health insurance policy benefits. You have to pay a higher premium and undergo medical tests. The coverage for health insurance is computed in sync with the medical reports and other aspects.
Diabetes, a metabolic disease, leads to high blood sugar. If not treated properly, it may damage your eyes, kidneys, nerves and other important parts of the body. Like hypertension, even diabetes is considered to be a pre-existing condition while availing health insurance. Policy buyers are expected to pay higher premiums. Many health insurance policies do offer a special cover for this particular disease.
See Also: Health Insurance Benefits
Over 10 Lakh people suffer from cancer in India each year, as per recent reports. Cancer, which is one of the most dangerous diseases, is covered by critical illness policies or riders. Normal health insurance plans also cover the disease. But, the treatment of cancer is very costly. Sometimes, you have to pay a part of the medical bills from your pocket called co-pay.
Vector-borne diseases like malaria, dengue and chikungunya can impact health insurance coverage, significantly. Many health insurance policies cover these diseases.
Many people these days are susceptible to heart diseases due to an unhealthy lifestyle. Heart diseases can also impact your health insurance coverage.
Health insurers are reluctant to issue health insurance policies to those who have heart problems. A few insurers may issue a health insurance policy with premium loading. You must find an insurance provider with moderate underwriting or go for policies designed exclusively for heart problems. Such policies are offered with a higher premium.
Health insurance plans have a waiting period of 30 days, during which only accidents are covered. For pre-existing illnesses, the waiting period is 2-4 years, depending on the insurer. Policyholders would start receiving the policy benefits after the completion of the waiting period.
See Also: Family Health Insurance Plan
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