Health and Wellness

Why is health insurance so important for heart patients?

The number of people experiencing cardiac problems, also known as heart diseases, is on the increase. Numerous studies have confirmed that the number of people with such ailments is on the rise in India. Mediclaim policies are not available for all heart patients because heart disease is a lifestyle disease. Getting a health insurance plan when your heart is healthy is, therefore, a wise move. Recently, some insurance companies have begun offering cover for heart patients. Medications for heart patients are covered by medical insurance policies, a simple contract between the insurer and the policyholder that requires payment of premiums on time by the policyholder.

Health insurance for heart patients in India policies is specifically designed to cover patients who already have a diagnosis of a heart condition. Most health insurance policies provide special health coverage for heart patients, which often differs from standard policies based on the premium amount, waiting period, and other details. Not all health insurance policies include these features. Senior citizens were not immune to such ailments, and many of them bought this policy. However, it should not be confused with senior citizens’ health insurance policies, as they are completely different.

It is important to note that your health policy would be treated as a regular policy if you were diagnosed with a heart problem after buying it. Any miscommunication between the two parties might result in the health insurance company denying coverage for such ailments. It is therefore important to be clear with the insurance company about pre-existing illnesses. When multiple heart conditions are involved, they affect different parts of the heart and take on different forms, so heart patients need to have the right health insurance to prevent financial instability if they can’t pay when they need to undergo medical treatment.

Benefits of health insurance for heart patients:

  • Provides in-patient hospitalization: Inpatient hospitalization occurs when the policyholder is admitted more than 24 hours into the hospital. In-patient hospitalization is a basic criterion for claiming health insurance benefits. So, all health insurance should cover you for in-patient hospitalization – mostly completely. However, if you have a special policy, be sure to read its conditions.If you have heart insurance, you might be able to receive treatment abroad. You can keep up with your rising medical costs, which might wipe out all your savings. If the insured needs heart care insurance, he/she only needs to submit a claim, and the monetary burden is taken care of
  • All expenses of pre and post-hospitalization are included: In general, health insurance policies cover pre-and post-hospitalization expenses. This usually involves one month for pre-hospitalization and a period of three months for post-hospitalization. Check with your insurance provider for the period required. Many times, medical care has to be given to a patient at their home when he or she cannot be moved. Such care is called domiciliary hospitalization.  If your health insurance covers such treatments, ask your insurer if you may receive them. Heart diseases are often critical illnesses. Be sure to find out if such treatment is available to you. A medical insurance policy for heart patients would also include a health checkup to monitor the insured’s lifestyle and dietary habits. 
  • Provide tax benefits: According to section 80D of the Income Tax Act, you are entitled to income-tax benefits when you purchase such a policy. It means that you can deduct from your taxable income the amount you pay for health insurance. Since your taxable income is reduced, as is your tax.Understanding how a health insurance policy works is critical while buying one. The same is true for policies that cover heart disease. Purchasing insurance through your state’s marketplace might allow you to get financial help to pay some of the costs. You might qualify for a tax credit to reduce your insurance premiums.
  • More cost-effective: A health plan will have a maximum amount you can pay out-of-pocket. Once you reach the maximum through your deductibles and other cost-sharing, the remainder is covered by your insurance company.  Out-of-pocket maximums do not include your monthly premiums. The out-of-pocket maximum also includes the co-pay and deductible you would spend on medical services and prescriptions. Medicaid coverage may be available to you even if you have never qualified in the past. This depends on where you live and what you earn.

There are several critical illness emergencies in the world, which entail a considerable cost that people cannot easily manage. Heart patients should opt for health insurance that offers maximum coverage and has a shorter waiting period. And what better than Care Insurance, the most renowned health insurance provider for heart patients. Their customer service is the best and most looked after. That’s why they have been recognized by so many people around the world.