Care Health Insurance Benefits

Some of the key features of Care Health Insurance Plans are as follows:

• Sum Insured: As per the selected plan, the insurance company provides a certain amount that allows policyholders to get treated and access healthcare services without stressing over large medical bills.
• Critical Illness Coverage: It covers up to 32 critical illnesses, such as cancer, stroke, angioplasty, etc.
• Pre- and Post-Hospitalisation Expenses: Any medical expenses that a policyholder incurs before hospitalisation, such as diagnoses, consultation, etc., are covered under the pre-hospitalisation category. The coverage for pre-hospitalisation expenses is available for up to 60 days. Similarly, the health policy provides coverage up to 180 days after discharge from the hospital for medical expenses, such as medication, consultation, etc.
• Ambulance Coverage: The policy provides coverage to the policyholder for ambulance services in case of a medical emergency.
• Daycare Procedure Coverage: Provides coverage for daycare procedures, treatments, and surgeries that do not demand 24-hour hospitalisation.
• Add-Ons: Care Health Insurance offers various add-ons to policyholders to expand their coverage. Air ambulance cover, no claim bonus shield, Smart Select, reduction in the PED waiting period, a co-payment waiver for senior citizens, and many more benefits are available as add-ons.
• Number of Network Hospitals: Care Health Insurance has 11400+ network hospitals across India for cashless treatment. This facility allows insured individuals to get the best treatment in case of emergency or normal medical conditions without stressing over financial issues.
• Domiciliary Treatment: This covers all the expenses that a patient incurs for at-home medical treatment. This is generally applicable in case hospitalisation is impossible.

Here are a few benefits of purchasing a Care Health Insurance policy:

• Hospitalisation Expenses: Offers coverage to other hospitalisation expenses, including room rent, nursing fees, ICU charges, etc.
• No-Claim Bonus: Provides an extra sum insured if an insured individual gets no claim for the previous policy period as a reward.
• Tax Benefits: Under Section 80D of the Income Tax Act, the premium an insured individual pays for Care Health Insurance can be used to avail tax benefits. Whether you are paying insurance premiums for yourself or family members, you are eligible for tax benefits. If you are below 60 years or your parents are above 60 years, you can claim deductions up to 75,000.
• Portability: The Care Health Insurance Portability option allows customers to easily switch to another insurer without compromising on their benefits. In the portability process, you hardly require several documents and the process is quite fast. Also, customers can customise their existing policy with riders, add-ons, and top-up benefits after porting.
• Coverage for Pre-Existing Conditions: Health insurance plans may offer coverage to pre-existing conditions following a 2 to 3-year waiting period. This feature helps patients with prior health conditions to access benefits and coverage for their treatment without getting delayed.

Ques 1: What are the Benefits of Care Health?

Ans: Care Health plans and policies provide financial security and stability to policyholders against huge hospitalisation expenses and treatment costs for critical illnesses. Further, the insurance company offers cashless claims and tax benefits under its plans.

Ques 2: Can I buy a Care health insurance plan and avail of its benefits immediately?

Ans: In case of accidents or injury, the policyholder can avail of its benefits and coverage as per the selected health plan. However, policyholders with illness-related hospitalisation can get coverage benefits after their waiting period is complete and the policy is effective for use.

Ques 3: Are medical tests mandatory to avail of care health benefits?

Ans: Senior citizens or individuals with pre-existing conditions must perform pre-policy medical tests. Having medical check-up reports can also make the claim settlement process smooth and hassle-free.

Ques 4: Does Care Health Insurance provide tax benefits?

Ans: Yes, any policyholder who pays the premium for Care health insurance policies is eligible for tax benefits as per Section 80D of the Income Tax Act.

Ques 5: Does Care Health Insurance cover pre-existing medical conditions?

Ans: The policyholder can get coverage for pre-existing medical conditions once the standard waiting period is complete which varies based on the policy

Ques 6: Are my parents eligible for mediclaim if they have diabetes or hypertension?

Ans: Yes, you can opt for a Care Freedom health insurance plan designed for patients having diabetes or hypertension.

Ques 7: What are the eligibility criteria for purchasing a CareCritical Illness Health Insurance Plan?

Ans: For a child, the minimum entry age for the CareCritical Illness plan is 91 days to 4 years with at least one member being 18 years or above.

Ques 8: Do Care Health Insurance plans support alternate treatments?

Ans 8: Yes, various policies provided by Care Health Insurance offer coverage for AYUSH treatment, i.e., (Ayurveda, Yoga, Unani, Siddha, and Homeopathy).

Ques 9: Do I get cashless hospitalisation under Care Individual Health Insurance Benefits?

Ans 9: Yes, the policyholder can apply for cashless hospitalisation under individual plans in any of the 9400+ network hospitals.

Ques 10: Can I change my insurer during the policy tenure?

Ans 10: Yes, Care health insurance offers a portability feature for its policyholders that allows policy transfer to another insurer as per their requirement.