Health Insurance for Heart Patients

Heart disease is a wide-spread menace in India. As per recent statistics, more and more people in the country are falling prey to this ailment. Cardiovascular disease is most commonly found in elderly people. In the past decade, the number of people suffering from heart disease has almost doubled, which shows how grave the matter is. For this reason, it is important to have medical insurance in place to help with heart-related emergencies.

What type of health insurance plan covers heart-related diseases?

A critical illness insurance plan can cover health condition such as cancer, kidney failure, and heart attack. Thus, such a plan is your best bet in overcoming financial hurdles for treatments, surgical procedures, and extensive therapies related to your heart. Such a plan may also cover critical illnesses like benign brain tumors, brain surgery, tuberculosis, and more. Many providers allow you to enjoy continued coverage even after you have claimed one payout related to a critical illness. Some also offer a payout of 150% of the sum assured for more than one illness covered under the plan.

A good critical illness insurance plan may also cover expenses related to wellness coaches to help you recover quicker with customized health advice. The plan may also offer you tax benefits of health insurance under Section 80 D of the Income Tax Act, 1961. However, you should also note that there may be a requirement of a 15-day ‘Survival Period’ after the diagnosis of a critical illness.

Why is critical insurance different from health insurance?

General mediclaim does not cover emergencies that arise due to critical illnesses. It only covers expenses incurred due to hospitalization. In critical illness, the insured receives a lump sum on diagnoses of the particular disease. However, you should note that hospitalization covers approximately only 35% of the expenditures. In a critical illness plan, you will be covered for other costs related to therapy, post-surgery care, and pathology, among other expenses.

A regular health insurance plan has a duration of one year. However, you can buy a critical illness insurance plan for a longer period such as 15 to 20 years at a time.

General benefits of critical illness insurance

The fundamental purpose of a critical illness plan is not only to gain coverage for the high essential expense of illness. The purpose is also to gain financial security and compensation for the loss incurred due to the critical illness.

The rising incidences of non-communicable diseases such as heart disease and the cost of medical treatment make a critical illness cover a must in today’s time. You can seek senior citizen health insurance from a provider that covers heart-related diseases. For optimum coverage, you can purchase a combination of critical illness cover and health insurance.

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