Mediclaim for Senior Citizens: All You Need to Know

Mediclaim for senior citizens is a type of health insurance that can meet the healthcare needs of individuals aged 60 years or more. Under this policy, senior citizens can get preventive medical facilities, cashless hospitalization at network hospitals as well as reimbursement for various medical expenses and procedures at non-network hospitals. This way mediclaim policies for seniors can help reduce out of pocket medical expenses and reduce the financial strain of medical bills for elderly individuals as well as their families.

Senior citizens require health insurance coverage as they may face unexpected health issues due to old age. An emergency hospitalization of grandparents or parents can be emotionally and financially distressing. Mediclaim for senior citizens can help you manage the financial implications of such medical emergencies. Here are some of the key reasons why senior citizens should opt for a mediclaim policy:

With the right senior citizen mediclaim policy, seniors can get quality health treatment with reduced financial burden no matter what the cost. But that’s not the only benefit of these health insurance plans.

Here are some of the key benefits of buying the best mediclaim policy for senior citizens:

Senior citizen mediclaim policy comes with some criteria conditions mentioned as below:-

• The minimum entry age is 61 years.
• The is no age bar for the maximum limit.
• A member of age 61 years or above has to pay 20% co-payment per claim.
• The waiting period for pre-existing diseases can be 2 to 4 years, depending on the plan.
• The grace period can be 15 to 30 days from the date of expiry.

While buying a mediclaim for senior citizens, it is imperative to go through the policy carefully. Different policies have different inclusions and exclusions. Let us look at exclusions and inclusion of senior citizen mediclaim policy.

**Inclusions Under Mediclaim For Senior Citizens**

Medical expenditure for the treatment of senior citizens may go overboard. Option for mediclaim for senior citizens can keep the finances under control. Here are some of the key inclusions of these policies:

• **COVID 19 Coverage:** Old people do not have to worry about ailments due to coronavirus as it would be covered under this policy.
• **Pre-and Post-hospitalization:** This policy will cover all the expenses incurred before getting hospitalized and the expenses incurred in the follow-up treatment after getting discharged.
• **Ambulance Cover:** Senior citizens will get full reimbursement for any ambulance expense during a medical emergency.
• **In-patient Hospitalization:** You can avail of this benefit when you receive medical treatment by getting hospitalized for 24 hours or more.

**Exclusions Under Mediclaim For Senior Citizens**

You must also be aware of the exclusion when buying mediclaim for senior citizens. Here are some common exclusions of these health plans: -

• **Self Inflicted Injury:** The policy does not cover self-inflicted injuries, injuries due to attempted suicide, consumption of alcohol, etc.
• **Permanent Exclusions:** Hospitalization or medical ailments due to riot, war, strike, and nuclear weapons will not be covered.
• **Dental Treatment:** These costs are not covered unless arising from accident and requiring hospitalization.
• **Pre-existing Conditions:** While most senior citizen mediclaim policies cover pre-existing conditions, these costs are typically not covered for the first 24 months of the policy term.
• **Additional Charges:** A majority of senior citizen mediclaim policies do not cover costs incurred from home visits and use of non-prescription drugs and vitamins.