This is the most crucial aspect of health insurance that many people are not aware of and they think that health insurance is available only for health problems that may appear in future. It is generally assumed that if you are already suffering from any health problem, it will not get coverage.
Even though this is partially true, you need to understand that health insurance companies offer coverage even for pre-existing conditions. However, this comes with certain conditions and the coverage will not be available immediately after you buy the policy unlike other illness.
In most cases, you have to wait for 3 to 4 years before you can get coverage for pre-existing illness. During this tenure, the health insurance policy must be taken continuously without any break and the premium for the entire tenure should be paid at the right time. When all these conditions are met, it becomes easy to get coverage even for pre-existing illness.
When you choose reputed, you can rest assured that you will get good coverage for such conditions and it can also be used for diagnostic services. In some cases, people suffering from diabetes or kidney-related ailments may need a frequent diagnosis to monitor the health condition.
In this situation, you can use the health insurance policy to pay for such expenses and this will help you to save lots of money in the long run. The only thing you need to make sure is to mention your pre-existing illness in the proper manner while buying the health insurance policy.
Tips to Get the Best Coverage for Pre-Existing Conditions
Pay the Premium on Time
Always make it a point to pay the premium on time as this will help you to get continued coverage without any hassles. When you miss out on paying the premium at the right time, the policy will lapse and this will lead to various problems in the future.
Remember that the waiting period for getting coverage for pre-existing illness is around 3 years and you need to have continued coverage for this duration to be eligible for such coverage in the future. When there is a break in the policy, you will lose the credit and you have to wait another 3 years to get coverage for pre-existing illness.
Choose a Long Term Cover From a Reputed Company
You should always give importance to plans that will offer coverage for many years. Some companies have age limit criteria and you should choose the suitable option that provides coverage to the maximum age. In this way, you need not worry about losing out coverage due to old age. When you choose a health insurance policy, you can enquire about these details with the company executives and they will explain all the features of the plan in a detailed manner.
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Clearly Mention the Pre-Existing Illness While Buying the Policy
Some people make the mistake of hiding the details about pre-existing conditions while buying a health insurance policy. In this situation, they will lose a lot of money in the long run as the company will not offer coverage for such conditions in the future if it is not mentioned while buying the policy. For this reason, you should be transparent about your health condition and always disclose the pre-existing illness. Note that the insurance company will easily offer coverage even for such illness after the stipulated waiting period is over and you will not have any problems in the long run.
Choose Voluntary Deductible to Save Premium
You can choose to pay some part of the expenses for treatment from your pocket and get some discount on the premium paid for the policy. Especially when you are getting coverage for a pre-existing illness, the premium can go up as the risk of offering coverage increases for the insurance company with such health conditions. In this situation, you can reduce the premium, by agreeing for a higher percentage of voluntary deductible and this will provide you some discounts in the future.
Avoid Choosing Family Cover When You Have Pre-Existing Illness
If any person in your family is suffering from pre-existing illness, it is better to get a separate cover for that person. When you try to include such people in the family insurance cover, the overall premium for the other members in the family will go up and you will end up paying a higher price for the family cover. For this reason, you should avoid such things and always prefer a separate cover for people suffering from pre-existing illnesses.
How to Choose the Best Health Insurance Policy for Pre-Existing Conditions?
You can follow the simple tips given below to get the best health cover for pre-existing conditions. Many people do not have proper awareness about the benefits of comparing different plans and they assume that every plan offers similar coverage. However, different plans are suited for different needs and the companies segregate the plans based on the unique requirement of customers.
In this regard, what suits best for one person may not suit well for another person and you should always understand this fact carefully before buying a health insurance plan. When you choose the plans based on these factors, you can rest assured that you will get complete value for your money spent on the health insurance policy.
Analyze Your Requirement Carefully Before Buying the Policy
Remember that different sets of pre-existing conditions need different types of treatment and the procedure varies by a huge margin. You can get in touch with your doctor and get complete clarity on the future course of treatment needed for your existing health condition. They will explain everything in a proper manner and this can give you some idea about the cost involved in treating such illness.
Based on this factor, you need to choose the suitable sum assured coverage from the health insurance plan that will be enough to treat your illness in the future. Also, remember that health insurance plans can also cover outpatient treatment expenses and you can even claim for ambulance charges when it is used in an emergency situation. In this manner, you should choose a suitable plan after analyzing your health condition and its treatment plan in the future.
Consider Buying Top-Up Option Whenever Required
Depending on your changing insurance needs, you can increase the coverage offered by your health insurance plan. Once you discuss the future course of treatment with your doctor, you can choose a suitable top-up plan that will provide suitable coverage for your present health condition.
You can easily choose this option when you go for Star Health insurance renewal and the company will allow you to add such top-up coverage by paying additional premiums. Many reputed companies offer such plans as a standalone policy and you can get to increase the coverage by choosing a separate top-up cover apart from your existing health insurance policy. This is a good option as you need not have to wait till the existing policy comes for renewal to add the top-up cover.
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Compare Different Policies
It is always good to compare different plans from different service providers as the features may change significantly. You will get the best plan suited for your needs only when you have proper information on all the relevant plans in the market. Once you choose the services of online brokers, it becomes easy to compare the plans based on different sets of parameters.
You can even consult your insurance advisor regarding the plans and get proper suggestions from them. Once you are totally satisfied with the features, you can go ahead and choose such plans that offer optimum coverage for your pre-existing health condition.
Give Preference to Online Sellers
You can get better discounts when you buy the policy online as the insurance service providers will offer better deals for such sellers. It also saves a lot of time and there is no need to worry about visiting any office when you choose such a platform. You can easily make the payment for the policy online and get the policy from the comfort of your home.
The same process can be carried out during renewal and you can select the suitable option and renew the plan from any location. When you choose renewal, you will be shown all the relevant plans in that category and you can select the suitable option and go ahead with the renewal.
Check The Network Hospital List Before Buying Health Insurance
It becomes easy to get cashless treatment when you choose the services of network hospitals for your future treatment. In this regard, you need to check the complete list of network hospitals of the service provider before buying the health insurance policy.
When you choose a reputed plan, there is no need to worry about such things as they have thousands of network hospitals across the country. You can get the complete list of network hospitals by visiting the official portal of the service provider.
In this way, you can easily get the best coverage for your pre-existing conditions from reputed service providers. Always stay transparent when it comes to disclosing your illness as the company will offer good service in the long run when you are prompt with your disclosures.
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