Health Insurance Policy for Diabetics | Cover from Day 1 - Definition, Coverage, Exclusions, Types, Companies, Benefits, Claim Process, Quotes | Buy and Renew Online

What is a Diabetes Health Insurance Policy? - Definition

A Diabetes Health Insurance Policy is a specialised Health Insurance Policy that covers Hospitalisation expenses for Type 1 and Type 2 Diabetes and its associated complications. The Policy helps you manage the high costs associated with Diabetes.

Why do you need a Diabetes Health Insurance Policy?

Diabetes is a chronic lifestyle disease that has long-term effects on the body and also increases the risk of other health issues like stroke, and damage to eyes, kidney and nerves. India has close to 80 million people with diabetes. Diabetes treatment can often be expensive as it often leads to other related illnesses over a person’s lifetime. Thus, it is crucial that one opts for a Diabetic Health Insurance Plan especially if he/she is already diagnosed with diabetes or has a family history of diabetic patients. A Diabetes Health Insurance Policy provides coverage for expenses related to diabetes as well as any associated complications related to diabetes such as renal failure or bypass surgery.

Can People with Diabetes Get a Normal Health Insurance Policy?

Yes. People with Diabetes can get a normal Health Insurance Policy. However, they have to disclose diabetes as a Pre-Existing Disease. There will be a Waiting Period of 2-4 years before the Health Insurance Plan covers any Claim related to Diabetes or its associated complications. Some Health Insurance Plans even apply a loading and charge a higher premium for providing coverage for Diabetes.

What is Covered Under Diabetic Health Insurance Plans?

A Diabetes Health Insurance Plan provides coverage for the following:

1. Hospitalisation Expenses: A Diabetes Health Insurance Plan provides coverage for Hospitalization Expenses including Room Rent, Nursing Charges, Doctors Fees etc.
2. Pre and Post-Hospitalization Expenses: A Diabetes Health Insurance Plan also provides coverage for medical expenses incurred before admission and after discharge from a hospital for a Period of 30-60 days.
3. Pre-Existing Diseases: A Diabetes Health Insurance Plan provides coverage for Diabetes Treatment without a Waiting Period while there is a Waiting Period of 2-4 years before the Plan provides coverage for other Pre-Existing Diseases.
4. Daycare Procedures: Daycare Procedures are medical treatments which do not require a 24-hour hospital stay due to technological advancement. Diabetes Health Insurance Policies cover Daycare Procedures such as Cataract Surgery, Chemotherapy, Dialysis, and Minor Surgical Interventions.

List of Diabetes Health Insurance Plans in India

ICICI Lombard Elevate Plan with Jumpstart Cover

ICICI Lombard Elevate Plan is a comprehensive Health Insurance Plan covering Hospitalization Expenses, Day Care Treatments, Pre and Post Hospitalization Expenses and AYUSH treatments. It offers coverage from Rs. 1 Lakh to 10 Crores. The Policy offers various Sum Insured Options ranging from Rs5 lakhs upto Unlimited Sum Insured. If you do not have Diabetes, the Waiting Period for Diabetes is just 90 days. If you have Diabetes as a Pre-Existing Disease, the Jumpstart Cover under the Plan reduces the Waing Period for Diabetes to just 30 days

HDFC Ergo Energy Health Insurance Policy – Gold Plan

HDFC Ergo Energy Health Insurance Policy – Gold Plan is Diabetes specific Health Insurance Plan that provides cover for Hospitalisation Expenses, Pre and Post-Hospitalisation Expenses, Daycare Procedures and Organ Donor Expenses etc. The Policy provides coverage for all hospitalisation expenses arising out of Diabetes and Hypertension without any Waiting Period. HDFC Ergo Energy Health Insurance Plan covers individuals in the age group of 18 to 65 years at entry, who are diagnosed with Type I Diabetes or Type II Diabetes or Pre-Diabetes (Impaired Fasting Glucose/ Impaired Glucose Tolerance) or Hypertension.

Star Health Diabetes Safe Insurance Policy

Star Health Diabetes Safe Insurance Policy is Diabetes specific Health Insurance Plan that provides cover for Hospitalisation Expenses, Pre and Post-Hospitalisation Expenses, Daycare Procedures and OPD Cover as well. The Policy provides coverage for all hospitalisation expenses arising out of Diabetes without any Waiting Period and it covers regular hospitalization expenses due to accident or Non-Diabetes.

Star Health Diabetes Safe Insurance Policy covers any person with Type I or Type II Diabetes Mellitus aged between 18 years and 65 years and offers Sum Insured option ranging from Rs3 lakhs to Rs10 Lakhs.

This Policy is available in two variants, Plan A and Plan B, for the convenience of policy seekers, allowing them to select the plan that best meets their needs. Plan A has no Waiting Period for all Hospitalization Expenses arising due to complications of Diabetes while Plan B has a Waiting Period of 12 months for all Hospitalization Expenses arising due to complications of Diabetes

Niva Bupa Reassure 2.0 – Titanium+ Plan

Niva Bupa Reassure 2.0 – Titanium+ Plan is a Comprehensive Health Insurance Plan that provides cover for Hospitalisation Expenses for stays of 2 hours or more, Pre and Post-Hospitalisation Expenses, Daycare Procedures etc. The Reassure 2.0 Titanium+ Plan can be combined with Smart Health Disease Management Rider which reduces the Waiting Period for Diabetes and Hypertension to 0 Days

Aditya Birla Activ Health: Platinum Enhanced Plan

Aditya Birla Activ Health: Platinum Enhanced Plan is a comprehensive Health Insurance Plan covering Hospitalization Expenses, Day Care Treatments, Pre and Post Hospitalization Expenses and AYUSH treatments. The Plan offers Sum insured options from Rs2 Lakhs to Rs2 Crores. Additionally, under the Chronic Management Program of Aditya Birla Activ Health: Platinum Enhanced Plan, the Hospitalisation Expenses of Diabetes are covered after a Waiting Period of 30 days.

How to choose a Health Insurance Policy for a Newly Diagnosed Diabetic Patient?

Here are some tips on choosing the ideal Health Insurance Policy for individuals diagnosed with diabetes:

1. Comprehensive Coverage: Look for plans that cover comprehensive coverage. Plans that cover doctor consultations, insulin, test strips, hospitalization, treatment for complications, supplies etc. ensure your diabetes care is covered end-to-end.
2. Evaluate Waiting Periods: Minimal or no Waiting Period for covering Pre-Existing Diabetes is ideal. Long waiting periods leave you vulnerable financially.
3. Compare Premiums: Premiums may be loaded for diabetics but compare plans to get best rates for required coverage. Consider Co-Payment options to balance cost.
4. Diabetes Management Programs: Teleconsultations, health tips, diabetes educators etc. add value by helping manage your condition better.

Get Best Quotes for Diabetes Health Insurance Policy with Qian!

Treatement for Diabetes and its associated complications is an expensive affair. A Diabetes Health Insurance Policy offers peace of mind by ensuring that you are financially protected against medical expenses arising out of Diabetes. Qian Insurance has tie-ups with multiple Health Insurance Companies so that you can choose from a range of Policies depending on your budget and requirements. We will also assist you with the entire Claim Process for your Diabetes Insurance Policy. Get Best Quotes for Cancer Insurance Policies with Qian. You can get in touch with us at insurance@qian.co.in or call us on 022-35134695. We would be glad to assist you.