health insurance, cancer, world cancer day
World Cancer Day: In India, 900,000 people will die from cancer and 1.4 million new cases will be reported in 2022. Not only is cancer one of the leading causes of death, but the economic damage it causes is also enormous. Therefore, insurance against cancer is essential. In honor of World Cancer Day, let's think about how to get insurance to prevent cancer. “Every insurance policy covers cancer by itself. A typical health insurance policy sold in the market only covers cancer if the cancer occurs after the policy is purchased. ,” said Dr. Dheeraj Krishna S., Head of Wellness, Telemedicine, Preventive Medicine and Health Management. Star Health has the following to say about its CSR initiatives:
Critical illness policy
“With the frequency of serious illnesses increasing, hospitalization and treatment costs are also increasing, and serious illness It affects decisions on whether to take out insurance policies such as disease insurance.''Illnesses generate,'' said Bhaskar Nerulkar, head of health management team at Bajaj Allianz General Insurance.
Indian insurance companies offer critical illness insurance as a standalone policy or as a rider/add-on to your existing health/life insurance plan. If a serious illness requires frequent hospital visits, traditional health insurance plans may prove inadequate.
“Thus, in such circumstances, choosing critical illness-specific coverage may be advantageous in dealing with the financial challenges associated with critical illness,” Nelker said. said.
Stand-alone critical illness insurance typically covers a wide range of critical conditions, including cancer treatment, and often extends coverage to more than 40 specific illnesses. Ordinary health insurance mainly covers medical expenses such as inpatient hospitalization fees, room charges, and pre- and post-hospitalization expenses, but if you choose individual critical illness insurance, you will be covered specifically for critical illnesses. You can enhance your coverage by offering designed additional benefits.
Riders with serious illnesses:
You can also select a cancer-specific serious illness rider. These riders, when taken at an early age, provide a good cushion of protection against cancer at fairly low premiums. An important feature is the provision of financial assistance if a serious illness is diagnosed during the plan period.
Serious illness refers to a dangerous and potentially life-threatening condition, including, but not limited to, stroke, kidney failure, cancer, and similar illnesses. The critical illness rider can be used as a rider for term insurance.
Specific cancer insurance plan
These policies not only cover all types and stages of cancer, but also provide a lump sum payment upon diagnosis of cancer.
“HDFC ERGO's iCan policy covers inpatient and outpatient treatment, as well as conventional and advanced treatments. Moreover, the plan offers long-term renewal even after a claim. Yes, we can,” said Parthanil Ghosh, president, retail business, HDFC ERGO General Insurance.
cervical cancer
Companies in the industry offer special services for cervical cancer prevention. “For example, we offer annual preventive health check-ups to eligible customers with an insured amount of Rs 1 million. The test is included and is essential for early detection of cervical cancer for women above 40 years of age. Additionally, we will cover the cost of a pap smear test as part of your preventive health checkup. Cervical Cancer in India Considering the serious issue of this, we are also focusing on vaccinating women between the ages of 9 and 18 as a precautionary measure, as per government recommendations,'' added Krishna S.
