Which mediclaim policy is best for senior citizens above 60?

Best Mediclaim Policies for Seniors: Top Picks for Individuals Over 60

Searching for the best health insurance for a 63-year-old becomes a lot easier only when you know what to look into. Senior citizens, unlike the young adults, may have complications. Also, the age of progress might be an obstacle to finding the best policies.

Senior citizens may need frequent hospitalisation due to critical illnesses. The mounting medical expenses will drain a fortune if you don’t own a medical insurance policy for seniors.

So, how can you find the best health insurance for 65 and older? Most insurance services don’t offer good plans with proper coverage. You can be sure that the premium amount for senior citizens’ insurance plans is much higher than those of younger adults.

Despite the drawbacks, you need to find the right insurance policy to save financial resources. Here is what you should consider when looking for the best health insurance for those 60 years or older.

Pre-existing Conditions

A lion’s share of senior citizens suffers from pre-existing complications such as diabetes, hypertension, cholesterol problems, bone issues, etc. Such conditions will be verified by an insurance provider. Many insurance plans either exclude such conditions or limit the coverage amount.

Here, you need to check and compare the top service providers considering the coverage per year, capping, and premium asked. You will get a clear idea of which service provider to choose for financial security.

Critical Illness Coverage

There is no doubt that critical illnesses like stroke, cancer, or kidney disease can cost a fortune. Constant hospitalisation adds up to a huge healthcare cost. In this aspect, you can choose a mediclaim policy where the senior family members are riders or part of the base plan. It significantly reduces the premium amount considering personalised insurance plans.

Upon diagnosis of a critical illness later, modern insurance plans can be increased, or new features can be added for seniors. Look for plans that are flexible to include critical illnesses at a low premium increment.

Day-care Procedures

Another aspect of senior health insurance is day-care procedures. They are different than general procedures conducted after hospitalisation. Some medical insurance doesn’t cover such procedures as the patient is not hospitalised for more than 24 hours. For example, chemotherapy, dialysis, and cataract surgeries fall in the same category.

Only the best health insurance for 75 year olds can provide such coverage. Go for those brands that offer an exclusive coverage policy for such procedures.

Ambulance and Emergency Services

Ambulance and emergency service costs increase considerably when a senior citizen falls ill repeatedly. Such costs can be saved if you have a comprehensive health insurance plan that covers ambulance and emergency service costs.

Considering these factors helps you find the best insurance plans for senior citizens. Check the waiting period for these plans and talk to the representatives. Discuss your concerns and get proper answers before making any decision. Remember, only the customer-centric insurance provider will have the best plans.