If you take health insurance or are thinking of taking it, then there is some great news for you! Now, the condition of being admitted to the hospital for 24 hours to get an insurance claim has ended. Yes, many insurance companies are now giving claims even if the patient is admitted to the hospital for just 2 hours. Considering the rapid changes in medical technology and the quick completion of the treatment process, this is a very big and necessary change.
What has changed in health insurance
Where earlier it was necessary to stay in the hospital overnight for treatments like cataract operation, chemotherapy, or angiography, now all this is completed in just a few hours. Siddharth Singhal, Health Insurance Head, Policybazaar, said that now many companies are giving insurance claims even if the patient is admitted to the hospital for just 2 hours.
This change shows that insurance companies are updating their policies, keeping in mind the advancements in the medical field. There are no additional conditions or exclusions in these short-term hospitalization covers. This means that whether the treatment is short or long, the cover remains equally strong.
Which policies offer this facility
This facility is available in some selected and best insurance plans, which you can choose according to your needs.
Insurance Plan Cover Amount Estimated Premium
ICICI Lombard Elevate Plan ₹10 Lakh Approximately ₹9,195 per year
Care – Supreme Plan ₹10 Lakh Approximately ₹12,790 per year
Niva Bupa ₹10 Lakh Approximately ₹14,199 per year
These premiums are estimated for a person aged 30 years and may change. Always contact the insurance company for accurate information.
Why was this change necessary
In today’s era, many medical procedures are completed in just 2 to 3 hours. The old rules did not match this new medical advancement. Earlier, if the patient was not admitted to the hospital for 24 hours, the claim was often rejected. Now this will not happen, which will give great relief to the common people. This will provide financial security to the common people, and there will be no delay in the decision of treatment. Now, whether the treatment is small or big, this insurance will help you. Even if you are admitted to the hospital for just 2 hours, you can get a claim.
Should you update your policy
If you have not updated your policy yet or you do not know whether your policy has this facility or not, then immediately talk to your insurance advisor and get information. This change will increase your financial security manifold and help you take full advantage of modern medical facilities.