This is why we list here the top 5 senior citizen health insurance with the lowest premiums on offer, which you can buy in 2022-23.
National Insurance Varistha Mediclaim
Star Health Red Carpet
Bajaj Allianz Silver Health
Oriental Insurance Hope
New India Assurance Health Insurance
When it comes to buying a senior citizen health insurance, this one is considered to be the one of the most easily affordable ones. The premium is reasonably priced and the cost coverage provided is also sufficient for the elderly.
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.
The entry limit also starts earlier, compared to other health insurance plans for the elderly, at the age of 46 years. The maximum entry limit is 70 years.
This health insurance for senior citizens above 60 years is designed specifically to cater to the healthcare needs of the elderly. The coverage is higher when compared to similar plans, including specific critical illnesses as well. Note that the coverage provided for alternate treatment options may be limited under the plan. It may be a good idea to check with your insurer individually before going for the treatment.
One of the key benefits of availing this plan is that the patient is covered not just for pre and post hospitalization costs but also against alternate lines of treatment. These include homeopathy, Ayurveda, Unani, and the like. Besides this, coverage for lifestyle conditions such as hypertension and diabetes is also provided upon payment of an extra 10% premium.