Raheja QBE Health Insurance for Senior Citizens

Raheja QBE, one of the well-known insurance companies, provides a variety of alluring health insurance plans for people to select from. In order to become a top choice among health insurance providers, the company offers health Insurance for Senior Citizens along with organ donors, in-patient benefits, hassle-free mediclaim settlements, and much more. One need not worry about expensive medical treatments and can concentrate on the well-being of their loved ones if they have the right Senior Citizens health insurance plan in place.

  1. Raheja A joint venture between Australia’s second-largest international insurer, QBE Insurance, and the Rajan Raheja Group produces QBE General Insurance. The company was founded in 2008 with the intention of fostering the best environment for both its clients and business partners in the insurance industry.

  2. Health, home, motor, and marine insurance are just a few of the many insurance options offered by Raheja QBE General Insurance. The company received an A+ rating in Standard and Poor’s Insurance Financial Strength Rating, placing it among the most dependable insurance providers on the market.

  3. Raheja QBE General Insurance is committed to the health of its clients and provides them with specialized health insurance plans with extensive coverage.

  4. A wide network of cashless hospitals, complete transparency, a focus on the customer, and other advantages the company provides to its clients make it a popular option for insurance buyers. It provides a range of family health insurance plans to keep you safe even in the event of a medical emergency.

Raheja QBE Health Insurance Benefits

Following are some advantages of purchasing Raheja QBE Health Insurance:

  • Raheja Health Insurance offers discounts if you choose a 20% co-pay policy.

  • Cashless facility: Provides a cashless facility with a very robust hospital network.

  • Flexibility: This allows you to choose how you want to pay for the premiums, including using UPI, Paytm, net banking, debit/credit cards, etc.

  • Benefits for organ donors: The basic, comprehensive, super saver and a la carte plans provide organ donor benefits at a 20% surcharge on insured amounts ranging from Rs. 3 to Rs. 50 lakh.

  • Inpatient benefit: Provides coverage for hospitalization and medical costs or day care procedures, including medical practitioner’s fees, drugs and consumables, diagnostic procedures, anesthesia, blood, and oxygen, operating room fees, hospital room rent or boarding costs, nursing fees, intensive care unit (ICU) fees, surgical appliances, medicines, and the cost of prosthetics if implanted during surgical procedures, subject to the room category, ICU, and other sub-limits.

  • Provides quick and convenient claim settlement services for medical claims.

  • Provides ambulance fees of Rs. 500 for sums insured of Rs. 1 to 2 lakh, Rs. 1,500 for sums insured of Rs. 3 to 9 lakh, and Rs. 2,500 for sums insured of Rs. 10 to 50 lakh.

  • Tax benefits are available for regularly paid premiums under Sections 80C and 10(10D) of the Income Tax Act.

Key Advantages of Raheja QBE Senior Health Insurance

The following are some of the main advantages of the senior citizen Raheja QBE Health Insurance plans:

  • There are two types of coverage: individual and floater sum insured.

  • A wide range of options for sums insured are available, ranging from Rs. 1 lakh to Rs. 50 lakh.

  • There is a facility for free yearly medical examinations.

  • Up to 100%, there is a 5% No Claim Bonus for each year without a claim.

  • At more than 5000 network hospitals, there are cashless payment options.

  • 10% more insurance coverage when a claim is paid without cash

  • When the amount insured runs out, a recharge benefit is available to replace it once per year.

  • The Income Tax Act’s Section 80D provides tax benefits.

Raheja QBE Senior Citizens’ Health Insurance Plans

Plan Name and Amount Insured

Health QBE: 90 days minimum; 65 years maximum widely used 1 lakh

Look at the list of senior citizen-friendly plans provided by Raheja QBE Health Insurance in the table below:

Plan Title(Rs.) Sum InsuredCo-Payment
Basic Insurance for Raheja QuBE Health1 lakh to 50 lakh20% (if entry age is greater than 60)
Health Comprehensive Insurance Plan from Raheja3 lakh to 50 lakh20% (if entry age is greater than 60)
Plan for Raheja QuBE Health Super Savings1 lakh to 50 lakh20%
Plan of insurance à la carte from Raheja QuBE Health1 lakh to 50 lakh20% (if entry age is greater than 60)

Raheja QBE Health Insurance for Senior Citizens’ Eligibility Requirements

See the different senior citizen health insurance plans and their eligibility creitera that Raheja QBE Health Insurance has to offer in the table below:

Raheja QBE Health Basic Insurance Plan
  • 1 lakh to 50 lakh
  • 20% (if entry age is above 60 years)

You can benefit from unique features.

  • Selection of a third-party administrator

  • There are more than 5,000 hospitals nationwide that offer cashless payment options.

  • Online tools for registering claims and obtaining policies

Exclusion

  • Diseases that already exist (Code- Excl01)

  • Initial waiting period of 30 days (Code: Excl03)

  • Examination and investigation (Code- Excl04)

  • Restorative, therapeutic, and respite care (Code: Excl)
  • Weight management (Code- Excl06)
  • Surgery for aesthetic or plastic purposes (Code- Excl08)
The Comprehensive Health Insurance Plan from Raheja QuBE

3 lakh to 50 lakh

20% (if entry age is greater than 60)

You can benefit from unique features.
  • A third-party administrator of your choosing

  • Over 5,000 hospitals across the nation offer a cashless payment option.

  • Online facility for registering claims and obtaining policies
Exclusion
  • Diseases that already exist (Code- Excl01)

  • Initial waiting period of 30 days (Code: Excl03)

  • Investigation and assessment (Code: Excl04)

  • Restorative, therapeutic, and respite care (Code: Excl.

  • Weight management (Code- Excl06)

  • Surgery for aesthetic or plastic purposes (Code- Excl08)

Plan for Raheja’s QuBE Health Super Savings

1 lakh to 50 lakh

20%

You can benefit from unique features.

  • preferred third-party administrator
  • More than 5,000 hospitals nationwide offer a cashless payment option.
  • The ability to register claims and issue policies online
Exclusion
  • Diseases that already exist (Code- Excl01)

  • Initial waiting period of 30 days (Code: Excl03)

  • Examination and investigation (Code- Excl04)

  • Rehabilitation, restorative care, and respite care (Code- Excl05)

  • Weight management (Code- Excl06)

  • (Code- Excl08) Plastic or cosmetic surgery

A-La-Carte Raheja QBE Health Insurance Plan

1 lakh to 50 lakh

20% (if entry age is greater than 60)

You can choose from add-on covers.

  • Waiver of sub limits: An option to pay an additional fee to have the sub limits on room rental and/or medical expenses removed.
  • Co-pay arrangement with a 20% co-payment possibility

You can benefit from unique features.

  • Decision regarding a third-party administrator

  • More than 5,000 hospitals nationwide offer a cashless payment option.

  • The ability to register claims and issue policies online

Exclusion

  • Diseases that already exist (Code- Excl01)

  • Waiting period for the first 30 days (Code: Excl03)

  • Investigation and assessment (Code: Excl04)

  • Rehabilitation, restorative care, and respite care (Code- Excl05)

  • Weight management (Code- Excl06)

  • Surgery for aesthetic or plastic purposes (Code- Excl08)

Raheja QBE Health Insurance for Senior Citizens inclusions

Several diseases associated with old age require expensive medical care and treatment. For people 65 years of age and older, several insurance companies offer health insurance to seniors. Any type of medical cost incurred by customers is easily covered by these health insurance plans.

  • Our physical and mental stress over money and being able to afford quality healthcare increases as we age. In times of need, people over 60 can receive financial assistance for medical care through a senior citizen health insurance plan.
  • Plans for senior citizens’ health insurance cover critical illnesses, provide cashless hospitalization, cover pre-existing conditions, and have higher assured amounts.

  • Growing older increases the likelihood of developing illnesses and diseases. Having a medical insurance plan to cover any unexpected medical expenses is a smart move because an individual’s later years are both physically and financially more difficult.

  • Health insurance plans for parents and senior citizens often include a number of extra benefits, such as cashless hospitalization, coverage for critical illnesses, and special protection against diseases like cancer and stroke.

The following benefits are included with Raheja QBE Health Insurance:

  • Hospitalization costs for patients on-site

  • Costs of pre-hospitalization

  • Hospital Readmission Expenses

  • Emergency Room Fees

  • Amount Per Day

  • Benefits for Organ Donors

  • Medical-Unrelated Expenses

  • Hospitalization at Home

Extra Covers:

  • Sub-limit Exemption
  • Co-payment

Important guidelines to remember when purchasing Raheja QBE Health Insurance for Senior Citizens:

Some of the most important guidelines to keep in mind when buying senior health insurance for parents are listed below.

  • Medical history: When deciding whether to purchase health insurance, it’s important not to rely solely on your parents’ knowledge of their medical history. It’s possible that your parents are afflicted with illnesses or conditions that they are unaware of. You must disclose to health insurance companies any existing medical conditions that your parents are aware of and that you have information about. Therefore, it is crucial that you provide accurate information about your parent’s medical history.

  • Plan selection: Choosing the best health insurance policy involves a number of considerations. Before settling on the ideal health insurance plan, it is crucial to compare the various options on the market and take into account variables like coverage, price, and exclusions.

  • Filling out the proposal form: After selecting the appropriate policy, you must complete the proposal form. It is essential that you fill out the form with accurate and pertinent information. Giving false information will not only cause problems, but it could also result in the application being rejected.

  • Medical examination: After you’ve submitted your proposal form, a doctor on the insurance provider’s panel will review it and conduct an interview to confirm the details of the conditions you listed on the form. The doctor will perform 11–13 tests during the medical examination, depending on the patient’s health. Among the tests done are blood tests, lipid profiles, blood sugar levels, urine tests, liver function tests, kidney function tests, serum creatinine levels, PSA (for men), and sonography (for women).

Raheja QBE Health Insurance Exclusions for Seniors

Raheja QBE Health Insurance does not offer the following coverage to seniors:

  • measures to control obesity and weight

  • Injectables or plastic surgery

  • Refractive flaw

  • Oral health care

  • Untested technique

  • Treated outside of India

Review of Raheja QBE Health Insurance

Raheja QBE Health Insurance provides a number of affordable health insurance plans. Their plans are custom-tailored to protect you from your mounting financial obligations to your family both during and after hospitalization and medical treatments. In comparison to other private insurers, they boast of having a very high claim settlement ratio. Their best performance comes from their ongoing efforts to provide excellent customer service. Consequently, if you’re looking for an insurer to provide the product with dependability, expertise, and fantastic post-sale services.

FAQs

Q1. What exactly does “health insurance for seniors” mean?

Ans – It becomes more challenging to obtain health insurance as one ages, so businesses have created distinct health insurance categories for people over 60. Compared to standard health insurance policies, these insurance plans are more expensive.

Q2. Are there any documents needed for senior health insurance?

Ans

a. Pre-policy medical examination records

b. completed proposal form

c. Proof of any existing conditions, including documents

d. proof of age

Q3. What benefits of continuity are there for health insurance?

Ans – The continuity benefits offered by health insurance include no-claim bonuses and waiting periods for pre-existing disease coverage. The ability to transfer a health insurance policy from one insurer to another without losing out on continuity benefits is known as portability.

Q4.  Can I purchase a senior citizen floater Raheja QBE Health Insurance policy for Rs 1 lakh?

Ans – No, family floater coverage is only available with a sum insured of Rs. 2 lakh or more under the Raheja QBE Health insurance policy.

Q5. How long are the senior citizen waiting periods for the Raheja QBE Health Insurance?

Ans – The Raheja QBE Health Insurance policy is subject to the ensuing waiting periods:

I. 30 days is the initial waiting period.

II. For certain Illnesses/Conditions 24 months is the waiting period

III. Chronic Illness Observation Period: 48 months

Q6. Where can I find the Raheja QBE Health Insurance premium schedule for senior citizens?

Ans – the prospectus for the Raheja QBE Health insurance policy can be found on the insurance company’s website. To get a customized premium for your policy, you can also use the Krow.com health insurance premium calculator.