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Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!
Health Insurance for Senior Citizens : Best Health Insurance Plans for Senior Citizens in India
Senior citizens require a health insurance plan given their deteriorating health, low income and high medical costs. Since life expectancy is increasing, senior citizen face a serious financial threat in case of recurring medical contingencies. That is why, a health insurance plan dedicated to cover such individuals is necessary. Insurance companies understand the need of a senior citizen health plan and are therefore offering attractive senior citizen plans.
With more than twenty insurance companies each offering a senior citizen health insurance plan, finding the best plan is a difficult choice. To make the choice easier, here is a list containing the best health insurance plans for senior citizens:
| Name of the plan | Sum insured offered | Entry age criteria | Salient features |
| Bajaj Allianz Silver Health Plan | Rs.50, 000 to Rs.2 lakhs in multiples of Rs.50, 000. Rs.2 lakhs to Rs.5 lakhs in multiples of Rs.1 lakh | 46 years to 70 years | Basic coverage features of inpatient hospitalisation, pre and post hospitalisation, ambulance costs and day care treatments A waiting period of only one year for pre-existing illnesses 10% increase in sum insured as no claim cumulative bonus |
| National Insurance’s Varishtha Mediclaim | Rs.1 lakhs and Rs.2 lakhs | 60 years to 80 years | Option to avail premium discount or enhance the sum insured as no claim bonus Free health check-ups once in three policy years Diabetes and hypertension covered from the start at the payment of an additional premium Free inbuilt critical illness cover |
| Star Health Senior Citizens Red Carpet Plan | Rs.1 lakh to Rs.5 lakhs in multiples of Rs.1 lakh. Rs.7.5 lakhs and Rs.10 lakhs | 60 years to 75 years | Policy is accepted without any pre-entrance medical heck-ups Outpatient expenses incurred on medical consultations are covered Low pre-existing waiting period of 1 year 5% premium discount for buying the policy online |
| Apollo Munich Optima Senior | Rs.2 lakhs, Rs.3 lakhs and Rs.5 lakhs | 61 years and above | Free e-opinion in case of critical illness Cashless hospitalisation across more than 4000 hospitals 5% premium discount for not making any claim in a policy year Organ donor and domiciliary treatments are covered |
| Max Bupa Heartbeat Gold | Rs.5 lakhs, Rs.7.5 lakhs, Rs.10 lakhs, Rs.15 lakhs, Rs.20 lakhs, Rs.30 lakhs and Rs.50 lakhs | No entry age restrictions | AYUSH treatments are covered Inbuilt maternity and new born coverage 10% increase in sum insured as no claim bonus Daily cash allowance in case of hospitalisation exceeding 2 days Free annual health check-ups |
| Religare Care | Rs.3 lakhs, Rs.4 lakhs, Rs.5 lakhs, Rs.7 lakhs. Rs.10 lakhs to Rs.30 lakhs in multiples of Rs.5 lakhs. Rs.30 lakhs to Rs.60 lakhs in multiples of Rs.10 lakhs. Rs.75 lakhs, Rs.1 crore, Rs.2 crores, Rs.3 crores and Rs.6 crores | No entry age limits. | Daily allowance for hospitalisation Free annual health check-ups Second opinion in case of critical illness Automatic sum insured restoration |
So, you can choose from any of these available plans for senior citizens.
Choose wisely!
FAQs on Health Insurance Plans for Senior Citizens
The Aditya Birla Active Care plan is a best-suited health insurance policy for senior citizens and elderly people. This policy comes in three variants–standard, classic and premier which covers 586-day care procedures
Star Health insurance for senior citizens is one of the most popular and affordable insurance policies for the elderly in India. In fact, this plan was one of the first launched in the country specifically for senior citizens. The entry limit for the plan is between 65 and 75 years of age.
Medicare is the best health insurance option for seniors and retirees. For those age 65 and older or who have a qualifying disability, the Medicare program will be the cheapest health insurance with the best benefits.
Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 21 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Over to You
Health emergencies don’t come with a calendar invite. Whether you're planning for your own future or looking out for your parents, choosing the right health insurance plan can make all the difference. That’s where a deeper look at the fine print helps. When you compare Star Health’s Red Carpet Plan vs Care Health Enhance Plan, what you’re really doing is choosing the kind of financial backup you want in your corner.
The Star Health Red Carpet Plan is made with senior citizens in mind. With benefits like annual preventive check-ups, it helps you or your ageing parents get covered without the usual hassles. On the other hand, the Care Health Enhance Plan acts as a top-up cover, ideal if you already have a base health policy and want to increase your shield without increasing your premium by too much.
While health insurance takes care of medical needs, don’t forget to plan for life’s bigger what-ifs. A term Insurance policy, especially a 1 crore term insurance plan, can be the long-term security net your family needs. Health and life coverage go hand in hand. And when chosen right, they help you face the future with confidence, not chaos.
Speak to an Advisor The Star Health Red Carpet Plan is made with senior citizens in mind. With benefits like annual preventive check-ups, it helps you or your ageing parents get covered without the usual hassles. On the other hand, the Care Health Enhance Plan acts as a top-up cover, ideal if you already have a base health policy and want to increase your shield without increasing your premium by too much.
While health insurance takes care of medical needs, don’t forget to plan for life’s bigger what-ifs. A term Insurance policy, especially a 1 crore term insurance plan, can be the long-term security net your family needs. Health and life coverage go hand in hand. And when chosen right, they help you face the future with confidence, not chaos.
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