Health insurance is essential for today's era because we are living with a host of diseases, viruses, and infections, and they are constantly trying to attack us every time. One such disease is diabetes, and it is a disease in which our body fails to metabolize sugar and starch efficiently. As per a study, one in six people are infected with diabetes, and around 77 million people are affected by diabetes in India.
What is Diabetes?
Diabetes is a chronic disease that directly affects your blood sugar levels. Diabetes leaves you with underactive blood sugar levels, whether it's low or dangerously high. Diabetes hampered the production of insulin, and it is a type of hormone that is produced by the pancreas and responsible for the breaking of food into glucose. There are three different types of diabetes, i.e. type 1 and type 2 and Gestational diabetes.
Types of Diabetes
Below mentioned are the different types of diabetes that can affect your blood sugar levels:
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Type 1 Diabetes:
This is a type of diabetes that causes the immune system to attack the pancreas, where insulin is produced. This type of diabetes affects about 10% of people with diabetes in India.
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Type 2 Diabetes:
It is a type of diabetes in which the body cannot transfer sugar from blood to another cell for storage or usage, which means the body becomes resistant to insulin.
What is Diabetes Health Insurance?
Diabetes health insurance is specifically designed to cover the cost of treatment and hospitalization for people with diabetes. High blood sugar levels due to improper or insufficient insulin secretion in the human body can bring on other critical illnesses such as kidney failure, heart attacks, loss of vision, etc. According to an IDF report, India is expected to have around 93 million people affected by diabetes by 2030.
Diabetes health insurance offers coverage to the policyholder against the treatment cost arising from diabetes. A diabetes health insurance plan covers hospitalization costs, out-patient costs, pre and post-hospitalization costs, etc.
How does Diabetes Health Insurance Work in India?
Diabetes health insurance is available in two variants, i.e. individual and family floater health plans. Most health insurance companies cover type 1 and type 2 diabetes, but everyone needs to check the terms and conditions before purchasing a policy.
Diabetes health insurance covers the cost of hospitalization due to diabetes and non-diabetic complications. Standard health insurance plans do not cover pre-existing diseases but may cover them after the waiting period.
Eligibility Criteria of Diabetes Health Insurance
The eligibility criteria for diabetes health insurance are based on your chosen health insurance company and plan. Below mentioned are the eligibility criteria for Diabetes Health Insurance Plans:
|
Particular |
Eligibility |
|
Age |
18 to 65 Years, For Children: 91 days to 18 years) |
|
Pre-Medical Test |
Yes |
|
Pre-Existing Disease |
Not Covered |
|
Waiting Period for Diabetes |
No |
Best Health Insurance Plans For Diabetes in India
The table below shows us the list of “Best Diabetes Health Insurance Plans in India”:
|
Plan Name |
Entry Age(Minimum) |
Base Sum Insured |
Feature Benefits |
|
Care Freedom Diabetes Plan |
Adult: 18 year Child: 91 days |
3 lacs |
|
|
Star Health Diabetes Safe |
18 years |
3 lacs |
|
|
Activ Health Enhanced (Diabetes) |
91 days |
2 lacs |
|
|
National Varistha Mediclaim Policy |
60 years |
1 Lac |
|
|
Care Classic |
18 years |
5 Lac |
|
*Disclaimer: We RenewBuy does not endorse any insurance company or insurance product offered by any insurer. This list is just an illustration of the plan offered by different health insurance companies.
Coverage Benefits of Diabetes Health Insurance
Below mentioned are the coverage benefits under diabetes health insurance plans:
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In-patient Hospitalization
A diabetes health insurance plan covers the hospitalization expenses arising from diabetic and non-diabetic complications.
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Pre-Hospitalization
A diabetes health insurance policy covers the medical expenses incurred before the hospitalization.
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Post-Hospitalization
A diabetes health plan covers the medical expenses incurred after the discharge from the hospital
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Daycare Treatment
A diabetes health insurance plan covers the treatments for diabetes that can be treated in less than 24 hours of hospitalization.
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Domiciliary hospitalization
A diabetes health insurance plans cover expenses incurred due to home hospitalization.
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AYUSH Treatment
A diabetes health insurance plan covers various alternative treatments such as Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy.
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Hospital Daily Cash
The insured will get some cash allowance during hospitalization per the policy's terms and conditions.
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OPD Charges
The doctor’s prescription and the prescribed medical test cost are covered under the diabetes health insurance policy.
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Annual Health Check-up
A diabetes health plan offers free annual health checkups to the insured.
-
Emergency Ambulance
A diabetes mediclaim policy covers ambulance service charges in case of a medical emergency.
*Disclaimer: The coverage mentioned above may vary from plan to plan and insurer to insurer.
Common Exclusions Under Diabetes Health Insurance Plans
Below mentioned are some of the common exclusions of diabetes health insurance plans.
- Cosmetic surgery
- Treatment of obesity
- Self-inflicted injuries
- Other pre-existing diseases
- War-related treatments/hospitalisations
- Hospitalisation without a doctor’s recommendation
- Venereal or sexually transmitted diseases
- Some health plans may not cover Type 1 and Type 2 diabetes
- Prenatal and postnatal expenses
Diabetes Health Insurance Buying Process
You can buy your diabetes health insurance policy through our portal, i.e. “RenewBuy.com”. Below mentioned is the buying process for Diabetes health insurance plans:
- Visit the "RenewBuy" official website.
- Click on the “Health Insurance” tab.
- Fill out the form that shows on the next page.
- Select your desired plan.
- Click on the “Buy Now” button
- A pop-up will show you the plan details and the additional riders information.
- Click on the “Proceed to Buy” button.
- Make an online payment, and the policy documents will be sent to your registered email address.