Golden Years, Golden Care: Health Insurance For Senior Citizens

Jul 17, 2023 - 11:59
Jul 17, 2023 - 12:00
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The golden years of life are the most enjoyable and exciting as one has retired from their duties at work and has the time to travel, engage in different recreational activities, and spend time with family and friends while cherishing old memories. However, as one age, health deteriorates, and senior citizens are more prone to falling sick, having age-related diseases, and needing to check frequently. Senior citizens require reliable and secure health insurance to cover their medical expenses. Senior citizen health insurance India plans provide coverage for individuals aged 60 and above. These policies have benefits that help senior citizens get the medical attention they deserve.


Benefits of Senior Citizen Health Insurance

Benefits of Senior citizen health insurance India helps one to be financially stable in the event of an unforeseen medical emergency. It helps cover expenses related to hospitalization, medical tests, procedures, medicines, doctor’s consultations, ambulance services, and organ donation (if necessary). Standard health policies cover ailments that are not necessarily age-related, whereas senior citizen health insurance policies include special benefits for aged individuals. Some of the chief benefits of these plans are:


  • No maximum age limit for enrolling: Unlike other health insurance plans, a senior citizen can avail of health coverage for life.

  • Coverage for pre-existing conditions: Any pre-existing illness can be covered for up to the sum insured amount.

  • Tax Benefits: Senior Citizen Health Insurance policies are eligible for tax exemptions per Section 80D of the Income Tax Act.

  • Coverage for daycare treatments and critical illnesses: Treatments like dialysis, chemotherapy, and radiotherapy are inclusive of daycare procedures in senior citizen health insurance policies


Different Types of Health Insurance for Senior Citizens

Senior citizen health insurance can be categorized into


  • Personal Health Plans: These insurance policies are available for individuals and families. They offer coverage for medical expenses incurred over in-patient and daycare treatments, outpatient consultation, domiciliary hospitalization, organ transplants, specialist consultation, and other general sicknesses.


  • Senior Health Cover: Senior citizens are covered for existing and new illnesses up to the insured provided in the policy. Also, the policies provide coverage for pre-existing medical conditions for up to the amount of sum insured provided.


  • Senior Citizens Super Saver Plan: This plan comes with wider coverage, including diseases related to diabetes and hypertension, at lower premiums.

Health Coverage for Senior Citizens

  • Pre-existing diseases: Senior citizen health policies provide coverage for ailments that existed before buying the policy.

  • Critical Ailments: Critical illnesses are covered up to the sum insured, depending on the policy. Most policies cover serious illnesses such as stroke, renal failure, paralysis, cancer, and other major ailments.

  • In-patient treatment: All medical expenses incurred during hospitalization due to accidental injuries, critical illnesses, or diseases are also provided in senior citizen health insurance policies.

  • Outpatient Treatment: Expenses incurred during doctor’s consultation, medicines, and tests included in the policy are also covered.

  • Insurance for Senior Citizens with Pre Existing Conditions: Coverage for non-life threatening diseases like hypertension, diabetes, etc., up to the sum insured is covered in senior citizen health insurance policies.


Aditya Birla Health Insurance Plans for Senior Citizens

Aditya health insurance policy to provide personalized and effective healthcare for senior citizens. They provide cashless hospitalization and prepaid health check-ups and cover minor ailments, illnesses and treatments. Here are some plans for senior citizens:


  • Aditya Birla Activ Assure Diamond: It provides up to Rs.1 crore sum insured with an overall coverage of up to Rs.35 Lakhs for pre-existing diseases. It also provides coverage for new medical conditions up to the amount of the sum insured, depending on the nature of the disease.


  • Aditya Birla Activ Assure Silver: This plan is suitable for individuals between the age of 46 to 60 years and has coverage up to Rs.20 Lakh for pre-existing diseases.


  • Aditya Birla Activ Assure Silver Elite: This plan is suitable for people aged between 61 and 70 years. It provides coverage up to Rs.35 Lakh for pre-existing diseases.


Senior citizen health insurance is specifically designed to provide comprehensive coverage for the medical expenses of older people. These policies are tailored to meet the unique needs and requirements of elderly individuals, ensuring that they have access to the healthcare services they need.

One of the primary advantages of senior citizen health insurance is that it covers both new and existing ailments. It means that pre-existing conditions, which are common among older individuals, are included in the coverage. It is particularly important as age-related health issues can be costly to manage and treat.

Moreover, senior citizen health insurance often provides additional benefits and services such as regular health check-ups, preventive care, and wellness programs. These offerings promote proactive healthcare management and help seniors maintain their well-being.

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