Need of Health Insurance for Senior Citizens

Diabetes is one of the most common sicknesses attacking the senior citizens. It severely affects most of the organs. Heart disease is another common life threatening disease which requires regular monitoring of our food habits etc. Overweight and obesity are couple of other problems faced by the aged people. Cancer, influenza and pneumonia are few of the top 10 causes of death for senior citizens.

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It is must for senior citizens to have a medical insurance as most of them do not have any stable income or savings to face the big burden of hospitalization. Under health insurance, a person can avail best health services even in his later years. It gives you a boost to enjoy the aged stage of your life without worrying about anything. Insurance is a reminder set in the clock called life, reminding you of living the life to the fullest. Health cover offers best medical advice and medication against all health problems. It helps combating all expensive treatments.

IRDA has laid new guidelines according to which health insurance providers need to cover individuals up to an age of 65 years and compulsory lifetime renewability. Now the insured can get coverage for a longer period and he/ she can shift insurers in case of the insured is not satisfied with the current insurer.

As per a senior citizen health insurance policy, an individual can even enter into the policy at an age of 99 years. These plans cover the hospitalization charges, room expenses, doctor’s fee, medicine costs, ambulance charges and pre and post hospitalization expenses. The features of any policy vary from one insurer to the other. Senior citizen health insurance policies are big support sticks of your golden age.