Health Insurance Cover for Chemotherapy

With advancements in medical science and impactful research and development, life-threatening diseases like cancer are also curable if diagnosed in time. Chemotherapy is one such course of treatment involved in treating cancer. It is used to kill cancer cells in the body and stops the cells from reproducing.  However, the cost involved in treating cancer is on the higher side and not every family can afford it. Hence, health coverage becomes important as it ensures quality treatment at reasonable prices.

Critical Health Insurance

A critical health plan is an insurance plan which provides coverage against life-threatening and dangerous diseases like cancer, kidney failure, lung diseases, etc. It ensures you get access to quality medical facilities without worrying about the expenses involved. However, the premium paid for this health plan is a bit higher than the usual premium which goes for general health insurance.

As the primary treatment for cancer involves Chemotherapy which can cost anywhere from ₹3,000 to ₹50,000, it is crucial to have good medical coverage.

Is Chemotherapy Covered by Health Insurance in India?

Most health plans cover only the hospitalisation expenses associated with cancer treatment. The biggest question of most of the cancer patients and policyholders is that: is chemotherapy covered by health insurance in India. It also covers the cost of chemotherapy, radiotherapy, doctor consultation, etc. Once you get diagnosed with cancer, the insurer provides a lumpsum amount irrespective of the cost of treatment. The sum insured can be used for all the medical bills related to the diseases.

Benefits of a Cancer Coverage

A cancer coverage helps you financially sail through critical diseases. Along with this, you also get various add-on benefits which are mentioned below:

Tax Benefits

If you are a policyholder of any health plan, then you are eligible to get the tax benefit under section 80D of the Income Tax Act. This will positively affect your savings and income.

Cashless Treatment

With an insurance plan in place, you can avail of the benefit of cashless treatment. You just need to show your health card at the time of admission to the hospital or inform the insurer about the planned hospitalisation.

Pre and Post-Hospitalisation Expenses

You are not only covered for expenses incurred during hospitalisation but also for medical expenses post-hospitalisation. This includes the cost of medicines, regular doctor consultancy, therapies, etc. Along with this, expenses incurred before hospitalisation will also be covered completely.

Lumpsum Payment

Under a critical health plan, you get various benefits, amongst which one is lump sum payment at the time of diagnosis of the life-threatening disease. Whereas, in normal health insurance, you do not get this facility.

Factors to Consider Before Buying a Cancer Policy

Buying a critical health policy is a crucial decision. You have to consider various options before choosing the one which suits you the best. To help you in decision-making, we have gathered a few factors which are important to consider before buying a policy:

Coverage

The first and foremost factor to consider is the coverage your policy provides. You must choose a higher sum insured in case of a cancer policy as the disease requires expensive treatment. It is better to pay a higher premium than to bear the cost of the treatment.

Affordability

Before arriving at a decision, you must analyse the cost and benefit of the plan. It involves comparing various plans, going through reviews, Planning your medical budget, etc. The premium of the policy must not burn a hole in your pocket.

Insurer Reputation

The reputation and loyalty of the insurer are very important as you are investing a part of your income in their plan. Along with this, the policy will also play a vital role during a medical emergency. Hence a reputed insurer with high-quality service is essential.

Claim Settlement Process

A medical emergency is already stressful; therefore, the process of claim settlement should be smooth with minimum documentation. This will provide peace of mind in between all the chaos.

To Sum Up

By now, you must have got the answer for: Does health insurance cover chemotherapy? As a critical illness plan covers all the major expenses related to the disease, you do not need to worry about it anymore.

Health plans are your true companions in tough times. They help you by providing the perfect combination of financial and medical coverage. To ensure the safety of your hard-earned income, you must choose a health plan for yourself and your loved ones. This will work as a protective net for your funds.

With Niva Bupa health insurance, you get plenty of benefits at affordable prices. The insurer makes sure you get the best medical facilities without worrying about the cost involved. It also offers various discounts on online purchases of plans.

So, Do not spend more time in scrolling and select Niva Bupa as your companion today!