Best Health Insurance Schemes for SEnior Citizens

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Age is not anymore a number when it comes to health insurance. With increasing age comes the additional risk of falling sick and contracting diseases. It is said that the later years of an individual’s life are financially less sound and physically more challenging and so, having a medical insurance scheme to take care of any urgent health expenditure is an intelligent practice.

Best Health insurance scheme for senior citizens/parents offer numerous unique features like cashless hospitalization, specific coverage for diseases like cancer, stroke, etc. and critical illness coverage.

Some of the most crucial features of health insurance plans for senior citizens in India are mentioned below:

• Hospitalization cover, including room charges and medical bills
• Cashless Hospitalisation through cashless plans
• Day Care expenses which might arise out of technological advancements
• Ambulance Charges are included
• Coverage for pre-existing diseases is offered, which is subject to insurer, and the plan was chosen
• No need to undergo medical screening to avail health insurance. This feature is insurance provider specific.
• Higher sum insured
• Pre-existing disease covered
• Hassle-free and fast settlement

Health is an asset, and every aspect of life runs around good health. Due to the changes in health due to old age, it is imperative to have a good health insurance product to help you through your difficult years.

Here are some Best Plans
HDFC Critical Illness Insurance

It provides a lump sum payment in case the policyholder is diagnosed with a health related condition which is serious in nature. Such problems often escalate and become critical in nature. Some of the critical illnesses include Heart Attack, Paralysis, Cancer, Coronary, Artery bypass surgery, Major organ transplant, kidney failure, and a stroke.

• It is a comprehensive plan that provides coverage for surgeries, hospitalization, and critical illness.
• Lump sum payout against 18 critical illnesses and 138 surgical procedures.
• Daily hospitalization cash benefit in case of hospitalization
• Flexibility of paying single or regular premium based on the convenience

Coverage	Red Carpet Plan by Star Health (Individual)	Optima Senior by Apollo Munich (Individual)	Heartbeat by Max Bupa (Family floater, Individual)
Entry Age	Between 60 to 75 years	61 years and above	0 to 65 years
Sum Insured	Rs.1 lakh to Rs.5 lakhs.	Rs. 2 lakhs to Rs. 5 lakhs	Rs. 2 lakhs to Rs. 15 lakhs
Network Hospital	6000 network hospitals	4000 network hospitals	3500 network hospitals
Premium	Rs.4,450 to Rs.18,000	Rs. 12,000 to Rs. 90,000	Rs.5333 for 2 lakh
Renewability	Lifelong	Lifelong	Lifelong
Discount	A discount of 10% on premiums payment	5 to 7.5% of discount on 2 years policy renewals	Discounts available on 2-year policy renewals

Red Carpet Plan by Star Health

• Pre-existing diseases are covered excluding for conditions for which treatment was suggested by or received during the immediately preceding twelve months.
• Co-payment clause available - 30 percent for other than claims for pre-existing diseases and 50 percent for pre-existing diseases.
• Discount of 10 percent on the premium is available if all lab tests and other documents are submitted.
• Enhancement of Sum Assured is permitted during renewal time.

Optima Senior by Apollo Munich

• Wife and Husband can be covered under the same policy on individual sum insured basis and get a 5% discount on the premium
• Pre-screening medical tests are compulsory. The company would then reimburse 50 percent of these expenses.
• 140 day-care procedures that do not require a 24hours hospitalization are covered.
• Enhancement of Sum Assured is permitted during renewal
• Cumulative Bonus of 5% for every claim free policy year
• Pre-existing diseases are covered after three years
• Two years waiting period for specific diseases like a hernia, cataract, joint replacement surgeries, etc.

Heartbeat by Max Bupa

• Reducing co-payment clause is an excellent feature. After four years of continuous renewals, the co-payment % will become nil for senior citizens.
• Free health check - up covered every year
• The plan will not cover any treatments during the first 90 days of the policy unless the treatment needed is a result of an emergency or accident.
• All day care treatments are inclusive.
• 10% additional sum assured at each renewal.

The Bottom Line

Old age brings with it several health conditions that are heavy on the pocket to treat. Health Insurance for senior citizens is the best way to avoid tension and anxiety of paying expensive bills. A lot of health Insurance plans are made available by various insurance companies, especially for people who are 65 years and above. These insurance schemes voluntarily cover any medical expenses incurred by customers in their old age.

WEAAD 2017 Some Pictorial tweets

Tweets about WEAAD India

Some Online Shops for Senior Citizens in India

Vyasa's Musings - Random Thoughts rendered into couplets

Vyasa's Musings

Random thoughts rendered into couplets

  

Why are our fears very acute during the night

but they appear, during the day, so light?

****

Old dhoti, at your butt, will tear

if you bend without sufficient care

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If you push it in, after peeing, without care

Remember, gentlemen: light colored pants are a scare!

****

Prompted by Suren, I learnt a lot about crop dusting

And the art of farting in public - not all that I read was disgusting.

****

"Sleep Well" is reliable brand of Agarbatti

As it contains citronella -- a powerful "kosu-viratti"

****

In the Voter Application form from a third gender, is it true

That Father is substituted by the applicant's 'Guru'?

****

"Supra Eco Homes" claim that even elevators work on solar power

As if there would be sunshine all through 365 days of the year

****

Raw Mango, Ridge gourd or bottle gourd peels

Are good for making chutney, don't you feel?

****

Croma electric kettle has the worst deceitful design

You can't clean it or close the lid, once open, again.

****

Before getting angry, will it not be nice

If you can realise it is a regrettable vice?

****

CSR and Elder Care July 2017

CSR EC July 2017 Rev.compressed by Padmanabha Vyasamoorthy on Scribd

CSR & Elder Care July 2017

At-the-Gate advertisements: So called “No Parking” sign boards

At-the-Gate advertisements: So called “No Parking” sign boards

During my evening walk I stopped by a house near our colony park. What arrested my attention was the fact that this house in particular was strange. The compound wall entertained a large number of “No Parking” sign boards that are put up by vendors who want free advertisements in lieu of pleading on your behalf that public should not park their vehicles in front of their gates.  There were almost sixteen sign boards.

What could be the motive behind that resident allowing so many boards? Was he just tolerant? OR he does not care how his property is being abused? Or he has struck a deal with vendors to pay him a small fee every month? Or he is very particular in telling the world that he would not, at any cost, tolerate parking in front of his gate? I feel the reason could be a mixture of any of these.

All such sign boards have a few things in common. All of them refer to some service or product or facility available in the neighbourhood – location specific. All of them face competition – there are more than one to compete. Normally I find schools, Data / Internet / Telecom companies, Fashion / hairdressers, dentists, supermarkets, eateries etc.

There are some owners / residents who are peeved at this imposition. Some wait and watch and shoe away guys who are tying them. Some cleverly remove (cut out) the advert part and keep only “No Parking” part.  Some place many boards one over the other to irritate the mischievous vendor.

Some simply tear and throw them away. Some display “Beware of Dog” board even when they don’t have any dogs.

Strangely the Bangalore Municipal Corporation thought that they are losing a lot of revenue through this insidious way of avoiding advertisement fee payable to the municipality. Some years ago they roamed around, colony after colony, identifying offenders to take them to task. They did not succeed I understand.

What is your take on this issue? Is this an issue at all -- it is just making mountain out of a mole hill? Years ago, I read a very humorous story (article) on this topic, by a lady journalist. I am unable to retrieve it. Can anyone help?

  

Empty Asafoetida Container (=EAC)

Empty Asafoetida Container (=EAC)

Hing in English is Asafoetida. Decades ago, there was (and still is) a popular brand of edible hing called LG, produced (packed?) by LG Godhu Co. It used to be sold in rectangular tin containers. Hing, a vegetable origin resin, gum like substance, used to come in small one inch by two inch blocks. They will be wrapped in dried leaves and packed into paper cartons or tin boxes.

After the hing has been consumed the empty metal container was used for storing tailoring needs, cash, small pencils / erasers etc. The empty box used to emanate strong smell years after the box being empty. The feature is commonly known as “PaZhaya Perungaaya Dabbaa” (Empty Asafetida Container) in Tamil.

Now I am coming to you and me. Like EAC we seniors also behave. We live in past glory. We live in memories.  We talk of friends and relatives connected with us who are famous, big, well known etc. Live in shadow glory. Intrinsically inside us there is nothing much left now. Even future is limited or nothing guaranteed. But we keep harping on the past often regurgitating pleasant memories. Replay. Why do have this weakness I fail to understand. Do you?