*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Cosmetic surgeries and procedures are getting extremely popular in today’s era. People are looking for ways and methods to enhance their beauty and physical attributes based on their choices. The overall cost of these procedures is quite high as it includes numerous charges added together. Typically, the cost of cosmetic surgeries includes the fee of medical practitioners, cost of implants, cost of operating rooms, post-procedure expenses, and anaesthesia.
Indian pharmaceutical and medical industry has witnessed rapid growth within the past few decades making it one of the best all across the globe. As a result, there has been significant development in the field of medical tourism. However, a lot of people in India want to undergo cosmetic procedures but are hesitant mainly due to the high cost, and exclusion in several health insurance policies.
Technically, Mediclaim policies are not designed and developed to cover the cost of cosmetic surgeries. However, if the procedure is classified as a reconstructive then the medical expenses incurred will be covered by your health insurance policy. The primary reason due to which insurance providers do not cover cosmetic procedures and surgeries under a health insurance policy is that these are not considered vital to maintain quality of life or ensure the right functioning of a body part or system.
If you are willing to undergo cosmetic surgery to beautify an external part or organ of your body, there are some factors that you should be aware of. In this article, we will shed light on the inter-relation between health insurance plans and cosmetic surgeries along with various important points to be kept in mind if you choose to undergo one.
When it comes to cosmetic procedures, the first thing that strikes your mind is the cost and the safety of the process. Whether the cosmetic surgery you’re planning to undergo is covered under the health insurance policy will be solely based on the provider and the plan. However, the major factor that health insurance providers consider at the time of making the claim is whether the procedure was a reconstructive surgery or cosmetic surgery.
Both of these medical procedures are similar yet quite different from each other at the same time. In order to make things clear, let us take a look at both of these processes.
Most of the mediclaim policy cover reconstructive surgeries, but not cosmetic surgeries. An interesting fact to be considered here is that both the processes are carried out by the same kind of medical practitioners.
The coverage of plastic surgery under your health insurance policy depends upon the criteria of your provider and the definition of the medical procedure. In order to understand and determine whether the process is covered under your Mediclaim policy, it is crucial to know whether:
If the process is reconstructive or life-saving, then in most cases the medical expenses incurred will be covered under the health insurance policy. The best way to determine is to directly contact your insurance provider with all the details of the procedure to get a thorough understanding of the nuances of the coverage.
If you’ve chosen a mediclaim policy that covers reconstructive and plastic surgeries, some of the common procedures that are covered are as follows-
Yes, you can upgrade your current health insurance plan to cover cosmetic and plastic surgeries as long as the provider offers coverage against the mentioned procedures. An important point to be considered is that a waiting period of 12 months is applicable for maternity services or pre-existing medical conditions or ailments. However, it may vary from insurer to insurer.
With the increasing popularity of cosmetic and plastic surgeries, there has been an increase in the number of providers that provide coverage. You can analyse, compare, and shortlist different providers and plan online based on your needs to get the best plan at the best price.