Edelweiss Health Insurance for Senior Citizens

The COVID-19 pandemic has made seniors weaker than ever. You worry a lot about the health of your parents and grandparents because elderly folks are having more medical problems. Age-related physiological changes in older people’s bodies pose difficulties and call for more care to be taken with their immune systems, bones, joints, and muscles. They can’t entirely care for themselves, so even you can’t be there all the time to watch over them. We must therefore give them chances to encourage healthy aging.

As you age, your fragility and illnesses worsen, resulting in more frequent hospital stays and additional costs for medical treatment. Most families are unable to cover all of these costs on their own. Therefore it is crucial for them to select a suitable health plan that lessens their financial burden. Choosing a good health insurance for Senior Citizen you care about can be challenging. When making this choice, it is essential to consider the range of diseases covered, the standard of medical care, and the financial burden of medical bills.

What is health insurance for senior citizens?

As people age, they develop a number of costly ailments that require ongoing treatment. Many insurance companies provide health insurance for Senior Citizens, especially for people 65 and older. These health insurance plans simply cover any form of medical expenses incurred by clients.

As we get older, we worry more about money and our ability to pay for high-quality healthcare. A senior citizen health insurance plan enables people over 60 to get financial support for medical care when they are in need. Pre-existing illness coverage, cashless hospitalization, critical illness coverage, and a higher assured sum are all features of senior citizens’ health insurance plans.

The risk of contracting illnesses and disorders rises with age. An individual’s later years are physically and financially more challenging, so having a medical insurance plan to cover unforeseen medical bills is a wise choice.

Parents’ and senior citizens’ health insurance plans can come with supplementary features like cashless hospitalization, critical illness insurance, and coverage for particular conditions like cancer and stroke.

Key features of senior citizen health insurance

The following are some of the most important characteristics of senior citizen health insurance plans in India:

  • Coverage for hospitalization includes room and board costs

  • Payment-Free Hospitalization

  • Costs associated with daycare that result from technological improvements

  • The costs of ambulances are covered.

  • Depending on the insurance company, pre-existing conditions are covered.

  • Before obtaining medical insurance, no medical examination is necessary. Based on the insurance company

  • Higher insurance coverage limits

  • Coverage for existing diseases
  • Quicker and easier settlement

How come you should get a health plan?

The risk of contracting illnesses and disorders rises with age. It is a prudent decision to have medical insurance coverage for unforeseen medical costs because an individual’s latter years are physically and financially more challenging. Seniors are more prone to disease, and because of age-related conditions and declining health, they could require frequent hospital visits. In order to cover the high cost of medical care, having health insurance is essential. A Mediclaim Edelweiss Health Insurance for Senior Citizens policy is available to you and can help you while you’re receiving medical attention.

Additionally, you should get insurance so that you are prepared for everything because the cost of getting medical care when you don’t have insurance may occasionally be too much to bear. Elderly folks who have health insurance feel financially secure and thus have peace of mind. For older family members, health insurance is absolutely necessary.

Advantages of Edelweiss health insurance plan for Senior Citizens

The advantages of enrolling your parents in a senior health insurance program are as follows:

  • The tax break for paying for health insurance

  • Take advantage of medical services and facilities at a variety of hospitals across the country. Non-cash benefits and daily allowance (depends on the insurer)

  • Option to renew an insurance

  • Hospitalization coverage at home

  • Embrace the free-look period

  • Annually schedule health examinations

  • Reload the insured amount

Six important things you should keep in mind before buying a health plan

Selecting a health plan can be more complex than you might think. Senior citizen health plans have unique difficulties, including increased premiums, rigorous medical examinations, co-payments, and waiting periods. As a result, it is crucial to consider a few factors when purchasing senior health insurance. Here are a few of these things to consider.

  • Age for Entry and Exit: An essential factor to take into account is the minimum and maximum renewability ages. Most health insurance policies require applicants to qualify between the ages of 60 and 80, while in rare circumstances, the range may be different. Pick policies with lenient age limitations.

  • Maximum Age of Renewal: A policy’s maximum age of renewal may be capped in some cases. Opt for plans that can be perpetually renewed.

  • Coverage: Senior citizen policies can often become pricey if you want extensive coverage. As a result, constantly weigh costs and benefits when comparing plans and choose accordingly.

  • Waiting Times: The shorter the waiting period, the better, especially for seniors who are more susceptible to age-related illnesses.

  • Critical Illness Cover: Policies can be compared based on the specific illnesses covered, depending on the individual need.

  • Domiciliary Hospitalization & Hospital Network: It’s critical to utilize the features of your insurance policy when you need them to get the most out of it. It’s crucial to pick a plan with the advantages of in-home hospitalization and more extensive hospital networks if you want to be able to use cashless benefits at any moment during the policy duration.

Edelweiss Health Insurance for Senior Citizens

It pays to do your research, weighs your options, and uncover perks when it comes to health insurance programs. A complete health insurance plan, Edelweiss Health Insurance is ideal for you and your family. A single individual type policy can cover up to 8 people, including the policyholder, their spouse, dependent children, parents, siblings, brothers, in-laws, grandpa, grandmother, and other relatives. The Add-on item called “Health 241” is what distinguishes the plan from others. If your first year is claim-free and you have an Edelweiss Health Insurance policy with Health 241, you can continue to be insured for the next year at no additional cost. There are three different versions of Edelweiss Health Insurance: Silver, Gold, and Platinum. The lowest age to enroll in the plans is three months, while the maximum age to enroll in the Silver and Gold plans is 65. In the Platinum plan, there is no entry age restriction.

A complete health insurance plan is Edelweiss Health Insurance. It includes pre- and post-hospitalization medical costs as well as costs for inpatient care for an illness, disease, accident, or even a catastrophic illness. The three available policy options are Silver, Gold, and Platinum. The sum insured for the Silver plan ranges from Rs. 1 lakh to Rs. 5 lakh, for the Gold plan, it ranges from Rs. 5 lakh to Rs. 20 lakh, and for the Platinum plan, it ranges from Rs. 15 lakh to Rs. 1 crore. You and your loved ones, including yourself, your spouse, your dependent children, your dependent parents, your sister, your brother, your dependent parents-in-law, your grandfather, your grandmother, or any other relationship with an insurable interest, are covered by the Edelweiss Health Insurance. A maximum of 8 members are covered under the policy.

Key Benefits of Edelweiss Health Insurance for Senior Citizens

The following are some of the main advantages of Edelweiss Health Insurance’s senior citizen plans:

● There is floater coverage as well as individual coverage.

● There is no cap on ICU costs.

● Various insurance amounts from Rs. 1 lakh to Rs. 1 crore are available.

● Hospitalization without payment for seniors in more than 3200 network hospitals

● 100 percent of the insured amount will be returned following exhaustion

● After each year of being claim-free, there is a facility for health checks.

● No Claim Bonus up to 100% for each year without a claim

Edelweiss Health Insurance Plans for Senior Citizens

The following table showcases the Edelweiss Health Insurance Plans for senior citizens:

Plan NameSum Insured (Rs)Co-Payment
Edelweiss Health Insurance Silver Plan1 lakh to 5 lakh20% (for people above 60 years)
Edelweiss Health Insurance Gold Plan5 lakh to 20 lakh20% (for people above 60 years)
Edelweiss Health Insurance Platinum Plan15 lakh to 1 crore20% (for people above 60 years)

Eligibility Criteria for Edelweiss Health Insurance for Elderly Parents

Elderly parents need to suffice the following eligibility criteria to buy Edelweiss Health Insurance for senior citizens:

CategoriesEligibility Criteria
Minimum Entry Age18 years
Maximum Entry Age65 years (for Gold, Silver plan)
No age limit (for Platinum plan)
Family Members CoveredSelf, spouse
RenewabilityLifelong

Inclusions of Edelweiss Health Insurance for Old Age People

Edelweiss Health Insurance provides senior citizens with the following coverage:

  • Hospitalization Expenses

  • Pre-hospitalization Medical Expenses

  • Post-hospitalization Medical Expenses

  • Day Care Treatment

  • Ambulance Cover

  • Organ Donor Cover

  • Domiciliary Hospitalization

  • AYUSH Treatment

  • Maternity Benefit

  • Hospital Cash

  • Recovery Benefit

  • Shared Accommodation Benefit

  • Critical Illness Coverage (For Gold & Platinum plans)

  • In-built Assistance Services

Optional Benefits

  • Recharge Benefit (For Gold & Platinum plans)

  • Critical Illness Coverage (For Silver plan)

  • Restoration of Sum Insured (For Silver plan)

Exclusions of Edelweiss Health Insurance for Senior Citizens

The following coverage is excluded under Edelweiss Health Insurance for senior citizens:

  • External congenital anomalies

  • Treatment-related to acupressure, magnetic therapy, acupuncture

  • Plastic surgery or cosmetic surgery

  • Dietary supplements purchased without a doctor’s prescription

  • Obesity and weight control treatment

  • Injuries due to war and nuclear perils

Conclusion

When designing Edelweiss Health Insurance, the basic requirements of the insured in an emergency were taken into consideration. Additionally, the policy offers a number of extra benefits, including:

Guaranteed ability to renew policies for life. The coverage may be canceled within 15 days of purchase. The team is dedicated to claiming settlement Section 80D of the Income Tax Act, which allows for tax savings. No Claims For every year without a claim, the Silver Plan offers a bonus of up to 50%; for the Gold and Platinum Plans, the bonus is up to 100%.

With so many advantages and features, Edelweiss Health Insurance is a great friend in times of need. Anyone can use this plan, even those with serious ailments, including men, women, children, seniors, and others. Large-scale coverage is offered for an affordable price. Purchase your Edelweiss Health Insurance directly from their official website if you want to do so without delay. Customers can breathe a sigh of relief when they use their exceptional before- and after-sales help during a medical emergency.

FAQs

Q1 – Do senior citizens need to undergo a medical check-up before buying Edelweiss Health Insurance for senior citizens?

Ans – Yes, older folks must get a medical exam before purchasing an elderly health insurance plan from Edelweiss.

Q2 – Is there a waiting period under Edelweiss Health Insurance for senior citizens?

Ans – – The following waiting periods are included in the senior citizen policies offered by Edelweiss Health Insurance:

1. Thirty days is the initial waiting period.

2. Particular Illnesses 24-month waiting period

3. Existing Conditions 48 months (Silver plan), 36 months (Gold plan), and 24 months (waiting period) (Platinum plan)

4. The 90 days for diabetic, hypertensive, and cardiac conditions

Q3 – 1. Where can I check the premium chart of Edelweiss Health Insurance for senior citizens?

Ans – On the insurance provider’s website, you may view the Edelweiss Health Insurance plan’s premium schedule