Due to the responsibilities of home and work, women are prone to lifestyle diseases, to avoid this, they should take health insurance.
In the form of daughter, wife and mother, women not only take care of the family, but are also raising the flag of success in professional life. Due to career and family responsibilities, women are not able to manage time for themselves, in such a situation, the chances of their health deteriorating increases. Health insurance companies have launched special health insurance plans for such hardworking women.
What is women health insurance plan
Women health insurance is a specially designed insurance product to meet the health needs of women at different stages of their life. Such plans usually cover pregnancy, childbirth and related health expenses and more diseases in women after a specific age.
Why is there a need for a special plan for women?
Gynecologist Dr. Sonal Merchant says, “There are chances of deteriorating health of women in balancing both home and work responsibilities. Due to work from home, women today are exposed to extreme physical stress and mental stress, which is increasing in them lifestyle related diseases.”
Studies have shown that lifestyle related diseases (cancer, diabetes, high blood pressure, heart disease) are increasing in men as well as women. With ageing, women are also prone to osteoporosis and UTIs. In such a situation, the importance of women’s health insurance is increasing.
Premium
If you are a young lady of 23 years of age and want to buy a basic health insurance plan of Rs 3 lakh, then the annual premium to be paid is Rs 3,000 to Rs 5,000. If you have a pre-existing disease or health issue, then to buy a cover of Rs 3 lakh at the age of 23, you will have to pay a premium of more than Rs 10,000 annually.
What do women’s health plans cover?
Critical Illnesses like Breast Cancer, Vaginal Cancer, Fallopian Tube Cancer, Ovarian Cancer, Uterine/ Endometrial Cancer, Cervical Cancer, Burns, Child Education Bonus, Congenital Disability Benefit (up to 50% of Sum Assured), if Life Assured is 3 months after diagnosis Loss of job cover, loss of job cover, organ donor expenses, maternity and newborn baby related expenses, first year immunization, pre-hospitalization and post-hospitalization expenses etc.
What to keep in mind before buying health insurance for women
Coverage: Make sure that the insurance plan you opt for includes adequate cover. If you are healthy then you can buy basic plan, but if you already have any disease like diabetes, BP etc. then you should take a cover of at least Rs 5 lakh. Buy a policy that provides comprehensive coverage to meet medical expenses in case of an emergency.
Benefits: Your plan should cover a wide range of medical benefits. Buy a plan that covers pre and post hospitalization expenses, accidental cover, maternity benefits, emergency treatment cover for the insured and his family, etc.
Network hospital coverage
Buy a plan from an insurance company that covers a wide network of hospitals across the country and provides cashless facility across the network. Check if the insurance policy includes a list of top hospitals near your home, so that you don’t have to waste your precious time during an emergency.
Claim Settlement Ratio: Choose an insurer whose claim settlement ratio is good as per IRDAI norms.
