India ranks second in the list of countries with the most diabetes cases in the world. While one can control diabetes with proper nutrition and regular medical attention, it costs the average middle-class Indian a fortune. According to research, the average Indian household spends up to 25% of its income on medical expenses of this disease. Due to this, it makes perfect sense to invest in Diabetics Health Insurance. It is a customised health insurance plan which covers treatment and hospitalisation costs associated with diabetes. The following is the list of key features of a diabetics health insurance plan.
Cashless hospitalisation-
The health issues that arrive with diabetes include hypertension, cardiovascular disease, eye damage, kidney damage, etc. In certain conditions, it is essential to hospitalise the patient. Having a Diabetics Health Insurance can certainly help in this situation.
Most diabetes health insurance plans come with a cashless hospitalisation facility but, it is essential to check the cashless network of the insurance provider. Reputed insurance providers like Care health insurance have a cashless network of over 16,500 health care providers.
Day-Care treatment-
There may come a scenario where your sugar levels are normal, and you continue with a sugar-free diet and the prescribed medicines. As a result, your sugar level drops though it looks like a victory on paper, it is more dangerous than having high sugar levels. In such an event, you need immediate medical attention and must visit the nearest hospital. The Diabetics Health Insurance policy also takes care of such a day-care treatment you need.
Pre and Post Hospitalisation Coverage-
As the name suggests, pre-hospitalisation cost refers to medical expenses that arise before hospitalisation and similarly post hospitalisation cost refers to medical expenses associated post-discharge of the patient.
Diabetics Health Insurance policy covers medical expenses during hospitalisation as well as pre and post hospitalisation costs. This includes blood tests, urine tests, medication, and follow-ups and more.
COVID Cover –
A person with a pre-existing disease like diabetes is more susceptible to have severe complications from COVID 19 disease. Some insurance providers have now started to offer covid cover as an addition to health insurance for diabetes.
This add-on includes in-patient care, day-care treatment, pre and post hospitalisation for COVID affected patients.
Annual health check-ups cover –
Annual health check-ups are an essential part of your fight against diabetes. A good insurance provider has you covered even in this area as well.
Freelook period –
Even after reading all the terms and conditions, it is okay to be uncertain about your insurance plan. If you notice any concerns about your policy, you can file an easy return through this feature. The freelook period of any policy is around 15- 20 days depending upon the insurance provider.
Domiciliary hospitalisation –
Domiciliary hospitalisation is the treatment that an individual receives at their house. Such circumstances may occur due to old age or if the individual is in a state where they cannot shift to a hospital. All the health insurance policies cover hospitalisation, so the insurer must pay for this particular scenario.
Domiciliary hospitalisation benefit means that the policy covers these expenses. But certain policy terms are offered by the insurer to avail of this benefit. In the right conditions, this feature can be of great benefit as one can receive treatment at the comfort of their house.
Tax benefits-
Buying a Diabetics Health Insurance policy is the right step towards reducing the financial burden associated with diabetes. It comes with an added advantage, i.e., you get tax benefits on the premium paid towards this health policy.
Now you know about the features available in a Diabetics Health Insurance policy. You can carefully choose the perfect insurance policy for yourself. Please note that few of these mentioned features are offered only by trusted insurance providers. To be extra sure about the insurance policy, you should read all the terms and conditions carefully to avoid future confusion.