Arogya Sanjeevani Policy: The Need for a Basic Health Cover
With the outbreak of novel diseases such as Covid-19, the world is witnessing extraordinary changes. Health has become the top-most priority for all of us. At the same time, huge healthcare costs are making it difficult for families to afford medical treatment. Healthcare expenses go beyond hospitalisation. Therefore, it is highly essential to buy a comprehensive health insurance policy.
With so many health policies available nowadays, first-time buyers, in particular, are confused when it comes to making the right choice. Moreover, some people are wary of buying health policies owing to high premium cost. This is when the need for a basic health cover becomes absolutely necessary.
The Arogya Sanjeevani Policy comes as a boon as it is an affordable health policy that takes care of various medical expenses and minimises the burden of high medical costs.
The Arogya Sanjeevani Policy
It is a standard health insurance policy introduced by the Insurance Regulatory and Development Authority of India (IRDAI) in April 2020. It offers a maximum coverage of Rs 5 Lakh at an affordable premium along with benefits as specified in the policy terms and conditions. It is available as individual and family floater policy.
Some important features of Arogya Sanjeevani Policy are:
- In-patient hospitalization up to sum insured
- AYUSH Treatment up to sum insured
- Pre-hospitalization for 30 days (up to sum insured)
- Post-hospitalization for 60 days (up to sum insured)
- No-Claim Bonus; up to 50% increase in sum insured for claim-free year
The plan also covers day care treatment, ambulance expenses and cataract treatment.
Medical Inflation and Importance of Health Insurance
Owing to lifestyle and environmental factors, maintaining good health has become challenging. Ailments are on the rise among young adults. At the same time, illnesses can also occur due to hereditary factors. Any medical emergency, especially that involves hospitalisation, can result in loss of savings.
In India, health care has advanced by leaps and bounds. It is encouraging to know that there is cure available even for serious ailments. However, the expenses that result from medical treatment are often on the higher side. Some people merely rely on the mediclaim offered by employers to manage their medical expenses. However, the drawback is that such policies are valid only till the time one is employed with that particular company. Hence, having the support of a separate health insurance cover cannot be ignored.
The Arogya Sanjeevani Policy proves to be advantageous particularly for low to middle income families who have limited income yet have huge medical expenses to meet. It is an indemnity-based health cover which is offered at an affordable premium with benefits such as cover for alternative treatment as well as dental treatment and plastic surgery arising due to disease or injury. In addition, it also covers modern treatments such as robotic surgeries, as part of day care treatment cover under the policy. The policy also comes with the feature of lifelong renewability that will ensure policyholders get continued coverage.
Choosing the best health insurance involves a lot of planning and assessment of one’s healthcare needs. There are various customised policies available to suit the unique requirements of individuals and families. Yet, having a basic health cover, such as the Arogya Sanjeevani Health Insurance Policy, is the need of the hour as it proves to be a safety net during times when medical costs are mounting.
Do not worry about the ever-increasing medical costs. Give your family the financial security by opting for Arogya Sanjeevani Policy, Care Health Insurance (Formerly Religare Health Insurance); and experience hassle-free buying and claims processing.