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As people grow old, they become prone to numerous ailments and critical diseases. Compared to the younger lot, older generations suffer more due to deteriorating health. Moreover, their treatment go on for long and are more expensive. Thus, it is more critical for senior citizens or elderly people to have a health insurance plan. An insurance allows them financial security for health and keeps them away from the worries of paying expenses for their medical treatments in old age.
Let us get into a little more detail about the health insurance for senior citizens to help you buy the best plan for yourself or your parents.
People above the age of 60 years are considered senior citizens. A senior citizen health insurance plan offers coverage for medical costs incurred by senior citizens. These plans include coverage for precautionary health check-ups, hospitalization (cashless) in network hospitals, cover against already existing diseases, critical diseases, Covid19 treatment etc.
Here are some of the benefits of medical insurance for senior citizens:
Senior citizens are all the more prone to diseases and thus need better health coverage as compared to the young people. As such, the health issues become severe with age and need immediate attention. Thus, it is crucial for the elderly to have a health insurance policy.
Here are some prominent reasons to have health plans for the elderly:
Here is a list common coverage available under the senior citizen mediclaim policy:
Here is a list of things not covered under the senior citizen health insurance plans:
As elderly people are vulnerable to diseases, it is very important for them to have a health insurance. However, there are certain things to consider while buying the best health insurance for senior citizens:
There are two ways to proceed with your claim settlement, Reimbursement Process and Cashless Claim Process.
Health concerns become severe as you grow old and they need immediate attention. In many cases, hospitalization becomes necessary for elderly to ensure their well-being and to give them the best medical facilities.
So, to avail the best health facility and to enjoy a life free of medical worries, it is important for elderly people to have health insurance policy. The health plan for senior citizens is one of the best plans meant especially for the aged people and their medical needs.
However, it is important to compare and read different plans and their features/benefits to choose the health insurance for senior citizens in India that would suit the requirements of the elderly at your home.
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 17 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.
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