Age brings
several illnesses and diseases that cause a substantial financial strain
on the family. People looking to get medical insurance for parents
should consider it early. The sooner the medical insurance is purchased,
the lesser the stress on the finances. Brands like Care Health
Insurance, HDFC Ergo, ICICI Lombard, etc., provide health insurance for
parents with several benefits. However, there are many things that one
should keep in mind and consider before selecting a plan. A few of them
are listed below: ये भी पढ़ें - अपने राज्य / शहर की खबर अख़बार से पहले पढ़ने के लिए क्लिक करे
How to Select the Best Medical Insurance Plan for Parents?
Coverage Against Pre-Existing Diseases
Different
plans have different terms and conditions for pre-existing diseases.
Some of them either exclude it permanently or include it after
completing a certain waiting period. So, if your parents have
pre-existing conditions like diabetes, hypertension, etc., pick the best medical insurance in India that covers them too.
Waiting Period
The
waiting period is the duration during which none of the claims is
admissible under the policy coverage. It usually ranges from 30 days to
48 months. It is essential to check these details as the need for
hospitalization might arise during the waiting period depending upon the
disease's seriousness.
Co-pay Clause
Check the co-pay
clause as well. Usually, health companies have 20% co-payment. It means
that your parents have to pay 20% of the total hospital bills at the
time of discharge from the hospital. The insurer will settle the rest.
Claim Settlement Ratio
The
ratio of the number of claims settled by the health insurance company
against the total number of claims put forth is called the claim
settlement ratio. Pick the plan from the company that has higher CSR.
Additional Benefits
Opt
for the plan that gives your parents additional benefits such as COVID
care, no claim bonus, lifelong renewability, ambulance cover, annual
health check-ups, and more.
OPD Coverage
At growing
age, your old parents need to visit the doctor often. Senior citizen
insurance offered by leading brands provides coverage for OPD expenses.
From registration fee, medicines, hospitalization, diagnosis, etc., it
covers most of the expeses that reduce their financial burden.
Day Care Treatments
Choose
the plan covering daycare treatments, including cataract surgery,
dialysis, chemotherapy, etc. Your parents do not require you to admit to
the hospital for more than 24 hours for treatment and medical
procedures under daycare. Their expenses will be covered under the
policy.
Peaceful Life
Health insurance for parents
brings mental peace to you and your family. Their treatment will not be
monetary stress for anyone. You can save your money to give them a more
comfortable life while medical insurance for senior citizens takes care
of their healthcare expenses so that they can live peacefully.
Final Word!
As
children, our moral duty and responsibility are to look after our
parents, especially regarding their health. The best medical insurance
in India offered by good brands like Care Health Insurance Company and
more is a good investment for you and your loving parents.
ईद के दिन दिखना है डिफरेंट, तो ट्राई करें यूनिक हेयर स्टाइल
गर्मी के आते ही बढ़ जाती है चीटियों से परेशानी, इन घरेलू नुस्खों से पाए निजात
जब आए हार्ट अटैक फटाफट करें ये काम, बच जाएगी जान
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