Tag: healthcare cost

  • Lesser-known advantages provided by insurance coverage companies to girls

    The covid-19 pandemic and the rise in healthcare prices have pushed residence the purpose of the significance of insurance coverage, however the share of girls coated underneath medical insurance continues to be much less in comparison with males. Moreover, a latest report by health know-how firm GOQii confirmed that 71% of girls fall underneath the unhealthy class in its well being danger evaluation spectrum. “The pandemic has modified quite a bit, and girls will not be solely managing their households but in addition their work and households, which will increase the stress issue, making them extra vulnerable to illnesses comparable to hypertension, diabetes, polycystic ovary syndrome resulting from a drastic change of their life-style. Since girls have to hunt common healthcare amenities, it’s sensible to have a medical insurance coverage to handle their funds higher,” said Sanjay Datta, chief – underwriting, claims and reinsurance, ICICI Lombard General Insurance. While there are a number of health insurance options available for women in the market, insurance companies also offer gender-specific plans that provide cover for cancers such as breast, vaginal and ovarian, maternity benefits and congenital disability covers. Apart from these well-known coverages, insurance plans also offer features that are not commonly known to women. “A lot of women don’t know about tests and check-ups that they can claim under their health insurance. Early detection tests for cancer in women like mammography for breast cancer and a pap smear test for cervical cancer can be claimed under a health insurance policy. This can be really helpful in detecting such critical illnesses early on. Health insurance can also cover regular check-ups for gynecological problems and ultrasound of the abdomen,” mentioned Dr Sudha Reddy, head – well being and journey at Digit Insurance. Some medical insurance plans additionally cowl infertility procedures like intrauterine insemination (IUI) and in vitro fertilization (IVF). ROADSIDE ASSISTANCE Moreover, a motor insurance coverage plan by ICICI Lombard affords coordination of medical companies to feminine motorists. The Women Assist Facility additionally offers help in case a lady is stranded resulting from a automotive breakdown anytime between 8pm and 5am. ManipalCigna had just lately launched its Lifetime Health Plan, which comes with an non-compulsory function for girls that gives covers for screening exams for osteoporosis and most cancers in addition to consultations for psychiatric/psychological periods. According to consultants, whereas choosing a sum insured underneath a medical insurance coverage, girls ought to take a look at a number of elements comparable to their age, life stage, dependents, pre-existing illnesses and town they stay in. Subscribe to Mint Newsletters * Enter a legitimate e-mail * Thank you for subscribing to our publication.