You have opted for a health insurance plan to protect your family if something wrong happens. But, have you planned something for the worst? India has severe occurrence of cancers these days. According to the World Health Organisation, nearly one in six deaths occurs because of cancer in India. While there is no guaranteed way of reducing the risk of cancer, you must opt for cancer mediclaim that will help you in reducing the financial burden.
Cancer mediclaim policy is a comprehensive insurance plan that covers all expenses when being diagnosed with this lethal disease. This insurance plan offers coverage for early detection tests and health monitoring programs. It also helps the insured in protecting your hard-earned money.
But before you make your buying decision, read on why you should opt for cancer mediclaim as soon as possible.
The rise in the Number of Cancer Cases
The thought of having cancer is scary, but the anticipation of this disease becoming a reality is even scarier. Researchers have predicted that by 2020 there will be 17 lakhs of cancer cases in India. In consideration of this fact, it becomes important to opt for cancer mediclaim.
According to the study, 1 in 10 men and 1 in 8 women are likely to develop any form of cancer after the age of 35 years. In such situations, a cancer mediclaim is of great help.
Increase in the Treatment Cost
Cancer is burdensome both physically and emotionally, but also financially. The treatment of cancer involves a huge cost that keeps increasing as the disease grows. In severe cases, the average cost of cancer in India can exceed to 20 lakh. The treatment can be over-priced if it is diagnosed in the later stages.
A standard health insurance plan is limited to hospitalization expenses. While a cancer mediclaim policy provides pre and post-hospitalization expenses along with chemotherapy and radiotherapy treatments. The premium of cancer insurance plans mainly depends on various factors such as age, family history, and medical expenses. Depending on the health insurance plan, there are various add-on benefits that you can avail such as international second opinion, ambulance cover and no-claim bonus.
There are certain things that you must consider when you buy a cancer mediclaim policy. Be sure to check if the health insurance supports treatment costs after diagnosis and whether the benefits differ depends on the various stages of cancer. The in-hospital and domiciliary treatment can be extremely expensive. The standard health insurance plans cover only hospitalization expenses. The treatment of cancer includes other expenses apart from hospitalization. Opting for cancer insurance cover can secure you from heavy treatment costs. The standard health insurance plan may protect you against this deadly disease but fails to secure from hospitalization expenses because of the sub-limits.
Care Health Insurance (Formerly Religare Health Insurance) offers the best cancer mediclaim policy. Opting for this insurance policy can protect you from the rising costs of cancer treatment. The cancer medicalim starts with as mimimum as INR 258 per month with maximum coverage.
If you haven’t buy cancer mediclaim, you must opt for it right away.