Diabetes is one of the most common health conditions across the globe, including India. As per WHO, a whopping 77 million Indians are suffering from type-2 diabetes and approximately 25 million are pre-diabetics.

Anyone suffering from diabetes requires regular health check-ups, medications and doctor consultations, etc. As the healthcare costs in India continue to skyrocket, one has to spend a significant amount to manage the disease.

This is where a with diabetes coverage comes to your rescue!

Read further to discover why diabetes coverage in health insurance is important.

Importance of Diabetes Coverage in Insurance

Diabetes occurs due to several reasons, including stress, poor lifestyle, family history, age, etc. When the complications of diabetes increase, it can also lead to critical illnesses, such as kidney problems, stroke, heart diseases, etc., which may require . Here are some points that highlight the importance of diabetes coverages in your insurance plan.

1.      Cost Coverage

Managing diabetes requires continuous medication and treatment, which involves a significant cost. A health insurance policy provides financial assistance, allowing you to manage the disease efficiently without draining your savings. You get financial coverage for doctor visits, medications, check-ups, tests, and much more.

In extreme cases, if you require hospitalisation and treatment due to diabetes, an insurance plan will cover that too, along with pre and post-hospitalisation expenses. Thus, you are saved from unnecessary financial stress and you can preserve your savings for a secure future.

2.     Diabetes Management

Another reason why diabetes cover in insurance is crucial is because it assists you in managing the disease effectively. Many insurers have incorporated a special program into their policies that encourages you to take care of your health. Such programs enable you to keep a check on your diseases, manage them, and incorporate a healthy lifestyle.

At the end, the program calculates health scores and rewards you for your health achievements. You can use the rewards to pay your consultation fees, health check-ups, health supplements, etc.

3.     Alternate Medicine Coverage

Some health insurance plans also provide you the liberty to choose an alternative treatment for diabetes. You can opt to treat diabetes through Ayurveda, Unani, Homeopathy, and other forms of medicine.

All the costs that you incur for diabetes treatment are covered under the plan. For example, TATA AIG's insurance plans come with an AYUSH benefit, allowing you to get diabetes treatment through ways other than allopathic medicines.

4.    Shorter Waiting Period

While most insurance plans come with long waiting periods before you can get diabetes coverage, some insurers have a shorter waiting period of 24 months, such as TATA AIG. So, if you have diabetes before purchasing the insurance, you must wait for 24 months before using the benefits of your health insurance.

If you are diagnosed with diabetes within three months of buying the insurance, it will not be considered a pre-existing disease, and you can claim the benefits under the policy.

5.     Vast Coverage

The umbrella of health insurance with diabetes cover is huge and it covers many benefits. You can access OPD treatment cover, daily cash benefits, prolonged hospitalisation cover, a second opinion,  ambulance cover, and much more.

Thus, you not only save money on diabetes treatment, but you also get assistance and financial coverage for other miscellaneous expenses related to disease management.

6.     Telehealth Consultation

Not able to visit the doctor in person? No problem! Many insurance plans have telehealth consultations built into their plans. Using this facility, you can get a consultation with a specialised doctor and discuss your diabetes concerns and ensure your health is in the best shape. Such benefits ensure you get the required assistance at all times.

Diabetes Health Insurance Plan: Things to Consider

●       Coverage- Carefully assess the coverage and ensure it includes all the basics, such as hospitalisation charges, medicines, check-ups, diagnostic expenses, etc.

●       Premium- The premium must be affordable and should be balanced against the coverage.

●       Insurer- Opt for a credible and experienced insurer to get the best plans.

●       Claim Settlement- Choose an insurer with a high claim settlement history to ensure your claim is honoured.

TATA AIG's Health Insurance Plan for Optimum Diabetes Care

If you already have an insurance plan, ensure it offers diabetes coverage. And, if you do not have an insurance policy, it is never too late to get one and safeguard your health.

TATA AIG offers some of the best and affordable insurance plans with extensive coverage for all your health concerns, including diabetes. The TATA AIG Medicare Premier plan offers many benefits that help to manage diabetes efficiently.

It provides all the basic coverage features, such as in-patient treatment, diagnostic charges, daycare treatment, pre and post-hospitalisation expenses, health check-ups, domiciliary expenses, etc.