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Understandably, purchasing a health insurance plan can be particularly challenging when you have pre-existing conditions. In fact, it becomes even more frustrating to browse a list of plans only to find that they have strict exclusions or exclude PED coverage. Long story short, you are convinced that getting health insurance covering pre-existing medical conditions is challenging.
However, dealing with PEDs should not limit your access to quality healthcare. Considering this, the Care Freedom Health Insurance Plan has a solution that addresses concerns about PED coverage. It is more like a lifeline to those who often struggle to obtain sufficient healthcare coverage.
Simply put, the Care Freedom plan ensures people have the freedom to secure flexible coverage without unnecessary hurdles. Let’s review the specifics of the product and its benefits. Towards the end, you may be able to make an informed decision about whether the plan is an ideal choice for your healthcare needs.
About Care Freedom Health Insurance Plan
The Care Freedom Health Insurance is a health plan designed to help adults and seniors with pre-existing diseases. It offers comprehensive coverage against medical bills, guaranteeing financial stability for routine and unforeseen medical concerns.
Its flexible benefits allow policyholders to choose the coverage that best fits their needs. Offering a substantial sum insured (SI), Care Freedom eliminates out-of-pocket expenses during emergencies via cashless network hospitals.
The plan also covers pre-hospitalisation, post-hospitalisation, and daycare services costs. From autism to anxiety, Care Freedom provides all-inclusive mental health coverage at affordable premiums. Overall, this plan addresses the requirements of those with long-term illnesses by offering them a financial shield. Listed below is a tabular representation of the plan’s terms and details:
| Category | Specifications |
|---|---|
| Sum Insured | ₹3 lakhs,₹ 5 lakhs, ₹7 lakhs/ ₹10 lakhs |
| PEDs Covered | Hypertension, Diabetes, Cured TB, Autism, Anxiety, Multiple health issues |
| Minimum Entry Age | Children: 91 days; Adults: 18 years |
| Cover Type | Individual / Family Floater |
| Plan Renewal | Lifelong renewability |
| Initial Waiting Period | 30 days from policy purchase |
| Co-payment | 20% and 30% for insured till 70 and 71 respectively |
| Pre-policy check-ups | Not required |
| Waiting Period | 24 months |
Why Invest in a Care Freedom Policy?
Care Freedom is not just another health insurance plan. The most unique feature of the Care Freedom Policy is its customised benefits package, which considers both short—and long-term medical requirements. Below are six reasons investing in this policy can be wise.
Note that each of these benefits is subject to certain conditions. Read policy documents for specific information.
1) Annual Health Checkup
This benefit is about proactive health management. Each insured member is eligible for a comprehensive health check every year, which helps in the early detection and treatment of potential health complications.
2) Consumable Allowance
The benefit offers a fixed payment for each completed 24-hour period of hospitalisation. It is available for up to 7 days of hospitalisation. No payment is made for the first three days of hospitalisation. The payment is made for each hospital stay without affecting the basic sum insured. You do not need any extra bills to claim the amount.
3) Companion Benefit
This comes with a fixed lump sum if a hospitalisation exceeds ten days. Note that the benefit is payable once a year only and does not require you to submit any bills. Additionally, it does not decrease/impact the SI.
4) Recharge of the Sum Insured
Should you use up your entire sum insured, the Care Freedom plan will automatically reinstate it for the rest of the policy period. This guarantees continuous protection without needing you to get another policy. Yet again, it is subject to certain conditions. Read policy documents carefully.
5) Advanced Technology Methods
Access to advanced treatments and technologies guarantees the most modern medical care possible. It provides coverage for deep brain stimulation, oral chemotherapy, uterine artery embolisation and HIFU, robotic surgeries, bronchial thermoplasty, intravitreal injections, and many more.
6) Domiciliary Hospitalisation
This pays for your treatment costs provided that you are not in a situation to be treated at a hospital. You can get your treatment at home for over 3 days. You can also get this benefit if no rooms are available at the hospital.
>> Also Read: Why is Foot Care Important for People with Diabetes?
Care Freedom Policy Add-ons
Care Freedom add-ons act like additional layers of security on your primary coverage. They help you build a solid insurance shield to cover more of your medical requirements. Consider them optional extras that can be added to your coverage to make it even better. Some of the add-ons include:
1) Care Shield
This acts as an optional cover offering multiple benefits. It provides additional protection against some risks not included in basic insurance. Pays expenses incurred on 68 Non – payable items during Hospitalisation.
2) OPD Coverage
This add-on is available for every insured. Under this, a policyholder can get assistance from 1 general physician to 14 specialists. Each insured has access to 4 physical consultations in 1 year. Some specialists include dermatologists, psychiatrists, paediatricians, ENT specialists, nephrologists, dietitians, pulmonologists, gynaecologists, obstetrics, dialectologists, etc.
3) Deductible
Choose a higher deductible (₹25,000) to reduce your overall premium. Several discounts will apply to the premiums. For a ₹3 lacs SI, you can get a discount of 24%. For ₹5 lacs, you get 22%, ₹7 lacs bring 20.5%, and ₹10 lacs bring 18.5%.
4) Health Checkup +
This is an updated version of your annual health checkup. However, it is specifically applied to cardiac and diabetes checkups only. Some include a complete blood count with ESR, TMT, Lipid Profile, LFT, TSH, HbsAg, Chest X-ray, etc.
5) Home Care
Under this, Care pays ₹1000 per day if you hire a qualified nurse per your doctor's recommendation. Care does not cover the first, i.e., 24 hours of hospitalisation. However, the payment is subject to 7 days per injury/illness and 45 days per policy period.
What Makes Care Freedom an Ideal Plan?
| Sub-Limit | ₹3 Lacs | ₹5 Lacs | ₹7/10 Lacs |
|---|---|---|---|
|
Treatment of Total Knee Replacement (per knee) |
Up to ₹80,000 |
Up to ₹1,00,000 |
Up to ₹1,20,000 |
|
Treatment of Cataract (per eye) |
Up to ₹20,000 |
Up to ₹30,000 |
Up to ₹30,000 |
|
Hysterectomy |
Up to ₹50,000 |
Up to ₹65,000 |
Up to ₹80,000 |
|
Surgical treatment of renal system stones |
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|
BPH (Benign prostate hypertrophy) surgery |
|||
|
Surgeries for treating all types of hernia |
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|
Treatment for breakage of bones |
Up to ₹2,00,000 |
Up to ₹2,50,000 |
Up to ₹3,00,000 |
|
Surgeries/treatment for cancer |
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|
Treating cardiovascular and cerebrovascular disorders |
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|
Treating other renal disorders and complications |
If seen closely, Care Freedom is indeed a workable and inclusive solution that guarantees you receive the protection you are entitled to. If you are someone with a pre-existing condition, here’s why Care Freedom insurance is the ultimate option for you:
1. No Pre-Policy Medical Check-Up
This plan is available to individuals who need help qualifying for other plans. Care Freedom plan does not need a pre-policy medical check-up.
2. Automatic Recharge
This feature ensures that your coverage is renewed automatically at the end of the policy year if your sum insured is exhausted.
3. Annual Health Check-Up for Adult Policyholders
With the free yearly health check-ups available for adult policyholders, you can stay on top of your health and identify potential health issues at their initial stages.
4. Option to Lower Your Premiums
The Care Freedom plan provides ways to reduce premiums, making it a cost-effective option. The best part is that this reduction does not compromise any of the plan benefits.
5. Shorter PED Waiting Period
The plan has a shorter PED waiting period than other plans. This indicates that people with pre-existing medical conditions can benefit from the Care Freedom Health Care plan as soon as possible.
6. Excellent for Individuals with Multiple Health Concerns
This plan particularly intends to support individuals with a plethora of medical conditions. The Care Freedom insurance specifically covers people with diabetes, high blood pressure, thyroid disorders, autism, anxiety, diabetes on insulin, high BMI, TB cured, and many more.
Key Takeaways!
Managing pre-existing conditions already demands a lot of your finances and emotional well-being. The additional distress of finding health insurance that meets your demands intensifies this challenge even more. However, Care Freedom Health Insurance Plan intervenes with a solution that reduces the anxiety associated with insurance complications. By purchasing a Care Freedom policy, you invest in financial comfort and peace of mind. Further, comprehensive health insurance for diabetes can help you win the financial battle by covering costs of numerous diabetes related treatments and procedures.
Disclaimers: All plan features, benefits, coverage, and claims underwriting are subject to policy terms and conditions. Kindly refer to the brochure, sales prospectus, and policy documents carefully.
