Health Insurance for Parents: While taking health insurance for parents, some things should be kept in mind, so that you do not face any problem in taking claims in future. We are going to tell about this in detail in this article.
Medical Insurance Policy for Parents: Nowadays, health insurance companies are offering policies for senior citizens also. Its biggest advantage is that through this the increasing health expenses of senior citizens can be easily covered. Due to old age, many conditions are added to the insurance by the insurance companies and we must keep these things in mind while buying insurance.
waiting period
Many insurance companies provide a long waiting period for senior citizens with chronic diseases. In such a situation, while taking health care for senior citizens, you should always check the waiting period of chronic diseases and choose such a policy which has minimum waiting period.
co-payment
Many health insurance policies for senior citizens come with co-payments. This means that whenever your claim comes, you will have to pay some part of it yourself. For example, if someone’s health insurance has a 20 percent co-payment, then you will have to pay 20 percent of the amount when the claim comes. You should always choose such insurance in which you always have to make minimum co-payment.
renewable feature
Many health insurance companies provide an age limit for renewal (especially for senior citizens). After this limit you cannot renew your policy. In such a situation, you should choose such health insurance for senior citizens, which has no age limit.
hospital network
In any health insurance, you should always check the hospital network of the company with which you have health insurance. Whether the hospital in its network is near you or not? Preference should be given to such health insurance which has a good hospital network.
