New Age Group Policies Offer Wider Health Cover

The health insurance sector is constantly evolving, and purchasers are regularly presented with innovative products. With customers becoming more health-conscious, leading better lifestyles, and opting for wellness programs, the health insurance sector has had to keep in step and come out with more customer-aligned, customer-friendly products. ‘New Age Group Policies Offer’ you a wide range of health covers and protect you from different uncertainty that may occur in your life and would be worst for you.

Group policies have several advantages over individual plans. You get a slew of customization options at a much lower rate. They are great for organizations, institutions, employer-employees, formal associations, and groups.

It’s a fact that not many members of the general public keep themselves updated about new products that emerge in the insurance market. A bewildering array of insurance firms are players in the market, and they each come out with a dazzling selection of schemes and plans. Unless you have the time and patience to go through each of these in detail, you could miss out on crucial aspects that could be of particular benefit to you.

That’s where comparison shopping with expert advice from knowledgeable professionals from comparepolicy can help.

Some insurers advertise their new products and services extensively in the media, while others rely on their agents and staff to promote them.

Here are some new age group policies that offer wider coverage

1. Alternative Treatments: 

   Earlier, insurance coverage was available only for standard allopathic medical treatments. However, since 2013, IRDAI guidelines have clearly stated that the AYUSH range of treatments can be covered under health plans. Several senior citizens and group insurance purchasers find this beneficial, as they may be taking multiple routes of medical treatment to address chronic health conditions.

2. Psychiatric Treatments: 

   With increasing awareness of the Mind-Body connection in wellness and health, the IRDAI has asked all insurance companies to add mental illness coverage to their health insurance policies. Patients are also covered for psychiatric hospitalization.

3. Cancer Treatments: 

   New age group health insurance plans offer coverage for cancer, as these treatments can be long and financially destabilizing for the whole family. It is offered as a special feature of the critical illness package. Coverage is available for diagnosis, chemotherapy, radiation, surgery, hospitalization, etc.

4. LGBTQ Coverage: 

   In keeping with the changing social norms, many insurers have introduced coverage for partners regardless of marital status or sexual orientation. This is a great new feature that can benefit modern society. In recent times, we all are witnessing an increasing voice for LGBTQ plans, and their coverage and new age policy really expand their list of ranges.

5. IVF and Surrogacy: 

   With amazing advances taking place in the field of fertility medicine, insurance companies have stepped up to provide coverage for IVF treatments and surrogacy services based on the terms and conditions outlined in the policy.

6. Domiciliary Treatments: 

   Some patients prefer to undergo home-based treatments rather than hospital admission. In some cases, hospital beds may be unavailable at a critical point. In these cases, coverage is available with some insurers to avail of home-based treatments. This is especially beneficial to patients undergoing palliative or end-of-life care at home.

7. Day-Care and OPD: 

   Medicine has undergone dramatic changes in the last few years. Many treatments that require hospitalization and general anesthesia can be done today in the OPD and under local/topical anesthesia. Treatments such as cataract surgery, dialysis, chemotherapy, lithotripsy, etc., are day procedures. New age-group policies are available that offer coverage for these treatments.

Additional Benefits

8. Free Medical Health Check-ups:

   The way we spend our recent months was quite horrible, nowadays we all fighting with a common issue and it’s our health. The covid-19 outbreak was a question to all of us about our health. Most of the old age people died during the Covid-19 outbreak in the first wave, and the bad truth is as people take retire now they suffering from a disease. As per the report, we should go for a regular checkup just because of the way science grows more diseases grow with it and we all are witnesses of it. Some health policy provides you the facility of free medical health check-ups because Health Insurance Company also knows that regular check-up is quite expensive.

9. Covering Pre-Existing Disease: It was a time when no insurance company was willing to cover pre-existing diseases with their health policy, and that’s why people are saying ‘if you have a common disease in your family history then you are not able to buy a health policy. Well, it’s all about yesterday, nowadays almost every insurance company covers pre-existing diseases but with a condition. After buying a policy, the insured has to wait for 2 to 4 years after which his disease will cover and this time is known as the waiting period. The insurance company covers pre-existing diseases after a waiting period will over; one thing that you should always remember is never hide anything from the insurance company because it may lead you to rejection.

10. Seniors Need Special Care:

    The way our seniors spends the last two years was quite commendable because the Covid-19 virus was affecting mostly old age people, apart from Covid-19, changing weather also disturbs our seniors. With the time the body of old age people become weak and in this phase of life, weather like cold hurts them most and that’s why our seniors need special care. They are our responsibility and new-age group policy should offer to cover the dependent parent because new age group policies offer wider health cover.

Today, high-quality health care includes wellness, doctor consultations, telemedicine, phone consultations, emotional wellness, fitness programs, diet, nutrition, etc. As the scenario unfolds, insurers have to march in step to stay profitable and relevant.

Conclusion

The new age-group policy provides a really wide range of coverage, the time demand lot of thing, and coming back with change is a basic need. One thing that always makes some demand, health policy always comes with some innovative ideas and with a wide range of coverage too. ‘Health is Wealth’ and living a fit life is the needy thing that everyone should learn and try to live, we know that living a fit and healthy life is not easy but it’s the demand of time.