Do You have Diabetes? These Health Insurance Plans can help You

India is considered to be the spice capital of the world. Historically, we have been trading spices and sending them all across the world. Maybe that’s the reason too much sweetness doesn’t work for us. The fact is Indians are genetically predisposed to diabetes and the current sedentary lifestyle along with food habits is not helping the cause! As per the latest statistics on the disease, India has as many as 62 million diabetic patients and this number would swell to approximately 100 million by 2030. Having a health insurance plan for diabetes is, therefore, a must to keep the costs of managing the disease under control.

How does Diabetes Health Insurance help us?

Look, whenever we talk about insurance policy then helping means covering expenses, and exactly the same diabetes plan can help you cover different expenses in different places.

Doctor Fee – During diabetes, you must concern with the doctor for a particular time period and it must contain a lot of expenses, specifically the doctor’s fee per visit getting well treatment for diabetes is quite expensive but with the Diabetes insurance plan, you can make things easy for yourself.

Medical Expenses – After affecting with diabetes, as a patient, you need a lot of medicines and all the medicines are more expensive than one. Often people start being careless in the matter of medicines, some due to compulsion and due to miserliness.

List of Plans that provides diabetes coverage.

Here’s a nifty list of some of the best plans available in the market for you to choose from:

1) Star Health Insurance – Diabetes Safe Plan

The important features of this insurance plan are:

• Anyone suffering from Diabetes Mellitus or those with a risk for Diabetes Mellitus can purchase this plan
• The age limit is fixed from 18 to 65 years
• You can have a sum assured in the range of 3, 4, 5, and 10 lakhs
• You can either have a single plan or a floater policy
• It offers the facility of automatic restoration of a sum assured to 100%, but only for the single plan
• It covers all complications arising out of diabetes from day 1 of the policy

2) ICICI Prudential – Diabetes Care Plan

Following are the important attributes of this plan:

• It is valid for 5 years
• Anyone within the age group of 25-60 years suffering from Type 2 Diabetes or Pre Diabetes can buy the plan
• The options for the sum assured are Rs. 3 lakhs, Rs. 5 lakhs, and Rs. 10 lakhs
• You can file the claims only after surviving for 28 days from the date of diagnosis of the disease
• As per the policy, if you’re diagnosed after 1 year of buying the policy, you will get a 100% sum assured.
• If it happens within 6-12 months, then you’re eligible for 50% of the sum assured and if it’s within 6 months of buying the policy, you will get cumulative premiums paid till that date
• The best part is you can reduce your premiums if you’re able to contain and manage the disease with lifestyle changes and follow medical advice properly

3) HDFC ERGO general Health Insurance – Energy Plan

Some of the major traits of this plan are mentioned below:

• This plan caters to Type 2 Diabetes, Impaired Fasting Glucose, Impaired Glucose Tolerance, and/or Hypertension
• It offers a policy term of 1 year with no age limit on renewability
• It caters to patients between the age group of 18-65 years
• Sum assured offered is in the range of 2, 3, 5, and 10 lakhs
• If you’re able to control and manage your disease efficiently, you can get a discount of up to 25% on premiums
• Another benefit that an insured can avail is getting medical expenses covered for harvesting organs from donors for organ transplantation

4)National Insurance – Varishtha Mediclaim Plan

One of the first plans to be launched in India, this plan offers the following benefits to the insured:

• It is specifically designed for senior citizens aged between 60-80 years
• The policy can be renewed till 90 years of age
• It covers even pre-existing diabetes at additional premiums.
• The basic sum assured offered is Rs. 1 lakh which can go up to Rs. 2 lakhs with a critical illness rider
• If the insured had any insurance policy 3 years prior to buying this plan, he would be exempt from any medical check-up
• It limits the claims arising due to cataract surgery up to a maximum of Rs. 10,000/- and from Benign Prostatic Hyperplasia up to a maximum of Rs. 20,000/-

5) Care Health Insurance – Care Freedom

Features of Care Freedom Policy

• Sum Assured Maximum – Rs. 5 Lakh
• Policy type – Individual Policy as well as Family Floater Policy up to 6 members.
• A lifelong renewability option is available with this plan.
• The 2-year waiting period, in case of pre-existing disease.
• Entry Age: Minimum Entry Age – 18 Years, Maximum Entry Age – No Limits

Hope this information helps you in selecting the right plan. Many policies have a long waiting period before they cover you for pre-existing diseases. With these plans, you can manage your disease easily and without complications. Make your decision wisely!