Health Insurance for Diabetes Patients - Why is it important?

Ajay is 32 and he is a sales professional in an MNC. Off late, he constantly feels fatigued at work and suffers from excessive hunger and thirst at times. He did not visit a doctor and overlooked the condition for a very long time until he had to go for a regular check-up as per the mandatory requirement of his company. At that time, he was diagnosed with Type II diabetes. It is a chronic condition that could be reversible with changes in diet and lifestyle. It is a progressive condition where the body loses the ability to produce enough insulin. Ajay does not have a health insurance plan and has no idea how to deal with the medical expenses he will have to incur in the coming period. Tomorrow, it could be anybody in place of Ajay. Hence, it is important to know what to do in such a situation.

Why should you opt for health insurance for diabetes?

One of the most common lifestyle diseases amongst individuals today is diabetes. It is the cause of the changing lifestyle and the eating habits. Also known as the ‘silent killer,’ diabetes can be diagnosed in individuals of any age. There is a high probability of hospitalization in case of patients suffering from diabetes. This means there will be a large number of hospital bills that will have to be borne out of pocket unless an investment in a health insurance plan has been made.

Any individual can purchase a health insurance and there is no waiting period for the same. There are diabetes insurance plans that focus on the expenses incurred for the medication and treatment of policyholders suffering from diabetes. The plan will help meet the expenses incurred in case of hospitalization due to diabetes. In case of diabetes, there are chances of further complications, which include kidney failure, stroke, loss of vision, and heart diseases. Hence, for an individual suffering from diabetes, a health insurance plan can help address the concerns.

If you purchase a general health insurance plan, diabetes will be considered as a pre-existing condition and you might have to go through the waiting period between one to two years, which can also exceed up to four years. However, if you purchase health insurance for diabetes, you will not have to go through the waiting period and the plan will be specially designed to meet your medical needs. There is an increasing number of cases of diabetes across the country and due to the changes in the lifestyle of individuals, it is only expected that the patients with diabetes will only rise in number. Investing in health insurance for chronic illness will ensure that the expenses incurred for the hospitalization and medication are covered by the insurance company and you will not have to bear the costs of the same.

The health insurance plan will provide immediate as well as specialized covers for a serious disease like diabetes. Hence, it is worth investing in a health insurance plan specially meant for diabetes patients. An early diagnosis can help in the immediate treatment and medication; it will also reduce the damage to the health and body of the individual suffering from diabetes. Purchasing a health insurance for diabetes can be costlier than the normal health insurance since it is a specialized product and will ensure that policyholders can afford quality treatment. It is sensible to purchase a diabetes-specific plan which is comprehensive than any other health plans.