pays for your hospital bills for diagnostics, surgery etc.
Life can be really painful and challenging in various ways when you are living with a chronic medical condition. The emotional and physical pain is a daily reality, probably getting worse every day. The medical expenses keep increasing and medical bills keep accumulating day by day. It is for this reason that you go in for health insurance, a great cushion against medical emergencies and the resulting financial consequences.
While medical insurance is a big boon, it could also be a big shock to you when you come to know that your ailment is not covered by insurance and that you have to pay from your own pocket. This could specially be a big shock when your medical bill is huge and you realize it only after you get the bill. Diabetes is one such ailment that could be excluded from the list of ailments covered by many companies. India being the diabetes capital of the world, it should not be a surprise at all if it is excluded from the list of many insurers.
However, there are few insurers today which cover diabetes both as:
provide insurance cover exclusively for diabetes only
Many public sector units in India cover diabetes as a pre-existing disease, when the Policy typically comes with a 2-6 year waiting period. You also pay an additional Premium in case you already have diabetes before you purchase the policy. The disease is covered with certain conditions, such as:
There are also many insurers providing a diabetes-only health insurance policy these days. This is part of the Critical Illnesses policy of the Life Insurance companies. Some of the features of these policies are:
As you have seen, being a diabetic no longer means that you cannot live a normal life like others due to lack of necessary finances. There are various options in the insurance market these days. So, go for the right one that suits you and get the required financial support.