Diabetes is an illness that affects 463 million people worldwide, with 77 million in India. Having health insurance is crucial, especially for those with diabetes.
Experts recommend getting insurance early in life, as lifestyle diseases are increasing.
There are different types of diabetes
Type 1: Requires insulin, and only a few insurance policies cover it due to high medical needs.
Type 2: Can be covered by health insurance.
Type 3: (linked to Alzheimer’s) and gestational diabetes: Coverage varies.
Insurance options for diabetic patients
Individual health insurance: Covers pre-existing conditions, but may have a waiting period (2-4 years) and medical tests.
Group health insurance: Provided by employers, may include diabetes coverage.
Diabetes-specific plans: Emerging options for comprehensive coverage.
Premium examples for a Rs 10 lakh health insurance cover in Delhi
1) ReAssure 2.0 (Niva Bupa): Rs 15,376, covers all diseases from day one.
2) Active Health Platinum Enhanced (Aditya Birla): Rs 27,630, 30-day waiting period.
3) Care Supreme (Care Health): Rs 15,122, 30-day waiting period.
4) Manipal Cigna Prime Active (Diabetes/PB/Asthma): Rs 13,632, 90-day waiting period.
Considerations for diabetic patients
1) Choose a policy with a shorter waiting period.
2) Pay attention to co-payments and sub-limits.
3) Provide complete medical history for claim purposes.
4) Check if the policy covers diabetes-related complications.
