The spread of new coronaviruses has fundamentally altered our behavior. As cities and countries remain shut down, people are working from home. Everyone is talking about it right now. How does coronavirus spread, what are the symptoms, what precautions should be taken, and will a vaccine be available in the near future?
Insurance is one of the factors that influence people’s decisions during any disease, let alone a pandemic. Today, we’ll look at some insurance issues in these trying times.
Coronavirus (COVID 19) Health Insurance in India
We are about to witness a watershed moment in history in 2020. Half a year has passed, and the pandemic is still looming. We’ve all moved from fearing the unknown to learning to live with it. This is the new normal, as we all say nowadays.
On the surface, it may appear that things are gradually returning to normalcy, but the reality on the ground is quite different. Cases, particularly in India, are still on the rise. With over 1.3 million confirmed cases and India now ranking third in the world, it is more important than ever to take the necessary precautions to ensure we are in the best of health and wealth.
The coronavirus not only created a contagious virus, but it also caused financial instability and a global economic slowdown. This clearly implies that you must not only protect yourself from the virus and other illnesses, but also ensure your financial security.
That is why, now more than ever, getting COVID-19 health insurance is almost as important as washing your hands! A coronavirus health insurance policy will assist you in managing your healthcare expenses and preventing financial emergencies at this time.
There are many health insurance policies that cover the COVID-19 today. While some health insurance policies, such as Digit’s Health Plus, are designed to cover all illnesses, including the coronavirus, others, such as the Corona Kavach cover, are designed to only cover coronavirus treatments.
You can learn more about each of them below, evaluate your options, and make an informed decision based on your healthcare and financial needs.
Insurance and preventive quarantine
According to MoneyControl, quarantine does not require hospitalization and will not be covered by standard health insurance policies. However, if the quarantine is in a government-approved facility that also requires medical treatment, a standard health insurance policy will cover it. Assuming the hospital charges fees.
Costs of testing
This is determined by your policy. Some insurance policies cover OPD (outpatient department) expenses.
Regular coronavirus tests and other diagnostics are usually not covered by insurance. If the person tests positive for the virus and is hospitalized, the situation changes. The testing costs are then included in the pre-hospitalization portion.
Add COVID-19 to your insurance policy.
According to the report, there is no additional fee for COVID-19 expenses, which are the same as for other diseases. The treatment will be similar to that of other ailments.
Coronavirus-related illnesses
To receive the benefits, one must be hospitalized for at least 24 hours, as is the case with most health policies.
Plans for the future
Companies can take advantage of coronavirus group plans for their employees. If someone tests positive for the deadly virus, the insurance will cover the costs.
What’s great about Digit’s Coronavirus Health Insurance?
Insurance with no contact: The entire process of purchasing health insurance to filing claims is paperless and can be completed online in a matter of minutes.
Additional Insurance Sum Available: Specifically, for unintentional hospitalizations and critical illnesses!
Coronavirus protection: Despite the fact that COVID-19 is a pandemic, coronavirus is covered by our health insurance.
No Age-Based Copayment – There is no age-based copayment with our health insurance. This means that you will not have to pay anything out of your own pocket during your claims process.
There are no room rent restrictions because we understand that everyone has different preferences. As a result, we have no room rent restrictions. Select your preferred hospital room.
2X Sum Insured – If you use up your sum insured and need it again during the year, we will refill it for you.
Cumulative Bonus – A prize for remaining healthy! Receive a yearly Cumulative Bonus.
Obtain Treatment at Any Hospital – Choose from over 6400 hospitals in our network in India for cashless claims or reimbursement.
