Health Insurance for COVID

Why You Must Have Coronavirus Health Insurance

COVID-19 or coronavirus is a contagious disease that spreads via droplets from the cough or sneeze of an infected person. As of June 17, 2020, a total of 7.94 million people have been affected by the coronavirus disease all over the world. If we talk about India, the number of cases have increased rapidly from just 3 cases in February 2020 to 354,065 cases in June 2020 and these numbers are still going up at an exponential rate.

As of now, there is no treatment available for curing the patients infected with coronavirus and the hospitalization expenses are very high. But, if you have a Covid 19 or corona insurance policy, you can take care of these hospitalization expenses and avoid the stress of financial burden. In India, most of the health insurance policies cover you in case you fall ill due to any viral infection. And, since coronavirus is a viral infection, your health insurance plan can provide you the required coverage.

It is important that you have a health insurance plan during this COVID-19 outbreak, as the health insurance also has a waiting period, and the coverage will start only after this waiting period gets over.

All You Need to Know About Health Insurance plans covering Coronavirus

A health insurance policy is a protection from the expenses that one incurs in case of medical emergencies and hospitalization due to any illness. If you don’t have a health insurance policy, then, you would have to bear the medical expenses from out of your pocket. However, with a health insurance policy, you can be free from the financial burden that may be levied upon you. You can select a suitable health insurance plan based on the coverages it provides, the premium that you need to pay towards that policy and a few other parameters such as number of network hospitals, quick claim settlement, digital presence of the insurance company and the available add-on covers.

Corona insurance plans that cover treatment costs of Coronavirus infection cover you and your family members if you get infected with COVID-19. The coverage starts from the day you get diagnosed with COVID-19 infection. However, this Covid insurance has a standard waiting period. If you get diagnosed with the coronavirus infection after the waiting period, only then will you be covered under your health insurance. An important thing that you should note is that you should get health insurance when you are healthy and fit to cover the hospitalization expenses in case of COVID-19 infection. Because if you purchase the health insurance plan after getting diagnosed with the disease, then it will be considered as a pre-existing illness and your policy will exclude the coverage for the same.

How can you protect yourself from contracting Coronavirus?

Here are some simple precautions you can take to reduce the risk of infection:

• ● Refrain from touching your face—especially your eyes, nose, or mouth—without first washing or sanitizing your hands.
• ● Maintain a safe distance from individuals showing symptoms of any respiratory illness, and limit attendance at large gatherings, including events and festivals.
• ● Prioritize self-isolation by staying home, unless it’s essential to go out. After returning, change clothes immediately and wash your hands thoroughly.
• ● Use a tissue while sneezing or coughing, and dispose of it promptly in a closed bin.
• ● If you experience symptoms related to Coronavirus, consult a healthcare professional as soon as possible.

Stay proactive and follow these measures to protect yourself and those around you.

Why Buy Health Insurance  that covers Coronavirus from Bajaj Allianz?

We at Bajaj Allianz understand the pain that you go through when you fall ill or have to get admitted to hospital for any health related emergency. So, we make sure that we care for you and support you as much as we can. With our health insurance plans that covers treatment expenses of Coronavirus infection, we assure you that you will get complete protection, as this plan will cover you and your family members comprehensively and help you to fight against the COVID-19 treatment expenses.

Our health insurance plans offer extensive coverage at affordable premium rates. With  these, you get the following features and benefits:

Network hospitals

With our 8,600 + network hospitals, we make sure that you get the best treatment with cashless claim facility.

Buy and renew your health insurance policy with our Caringly Yours App

With our Caringly Yours App, we make it easy for you to buy and renew your health insurance policy. You can also file a claim using the app and track the status of your claim.

Health CDC (Claim by Direct Click) feature

The Health CDC (Claim by Direct Click) feature of our Caringly Yours app lets you settle claim up to INR 20,000 from your mobile.

Hassle-free claim settlement

We have our own in-house claim settlement team that makes your clam settlement process quick and hassle-free.

Income tax benefit

You also get income tax benefit under section 80 D of the Income Tax Act.

EASY, HASSLE-FREE AND QUICK CLAIM SETTLEMENT

Claim Process

You can either file a cashless claim or submit your medical bills and opt for reimbursement claim process against your health insurance plans covering COVID-19. We assure you that both these claim processes are quick, easy and smooth. You can opt for any of the claim settlement method as per your convenience. Have a look at the steps that you need to take to file claim under health insurance plans covering COVID-19:

Cashless Claim for COVID-19

To avail the cashless claim facility, you can approach any of our network hospitals for getting the best health care services in case you are infected with coronavirus or any other illness. We have more than 8600 network hospitals in every nook and corner of India.

You can approach any of our tie-up hospitals and get the pre-authorization request form filled and signed by the treating doctor/hospital and yourself at the hospital’s insurance desk. The network hospital will send this form to us and we will examine the form and confirm on the approval/rejection of cashless claim within 3 hours. And, when you are discharged from the hospital, we will proceed for the final settlement of your medical bill with the hospital.

Reimbursement Claim for COVID-19

If you opt to get hospitalized to a non-network hospital, then you can avail the reimbursement claim facility. To file your health insurance claim for coronavirus, you can either visit our website and use our online health insurance claim portal or call our toll-free number: 1800-209-5858, to register your claim under your health insurance plans covering Coronavirus offline.

After you get discharged from the hospital, you need submit the following documents to the HAT team (within 30 days of discharge):

• ● Duly filled and signed claim form with mobile number and email ID
• ● Original hospital bill and payment receipt
• ● Investigation report
• ● Discharge card
• ● Prescriptions
• ● Bills of medicines and surgical items
• ● Details of pre hospitalization expenses (if any)
• ● In-patient papers, if required.
• ● We will examine these documents with the help of our in-house HAT team, who will process your claim within 10 days.

How to Purchase a Corona Insurance Policy Online?

The digital age has revolutionized the way we purchase health insurance, making it quick and convenient to secure a policy online from virtually anywhere. Here’s how you can easily buy a COVID insurance policy online with Bajaj Allianz.

● Step 1 :  Visit the official Bajaj Allianz website to purchase your Covid 19 insurance policy with ease. Enjoy a seamless experience with no paperwork or physical documentation required.

● Step 2 : Enter essential information such as your name, age, desired coverage amount, and policy duration. For family floater plans, be sure to include details of any dependent children or parents.

● Step 3 : Complete the payment online and instantly receive your policy document via email.

BAJAJ ALLIANZ HEALTH INSURANCE PLANS THAT COVER CORONAVIRUS

• ● Bajaj Allianz Individual Health Insurance Plan (Individual Health Guard):

  A personal health insurance plan that ensures that you are comprehensively covered for any health related emergency.

  An individual health insurance policy covers you for COVID-19 hospitalization expenses, covers day care procedures, pre and post hospitalization expenses, road ambulance expenses and organ donor expenses. You can also choose from multiple sum insured options ranging from INR 1.5 lakh to INR 50 lakh.

• ● Bajaj Allianz Family Health Insurance Plan (Family Floater Health Guard):

  A health insurance that covers you for COVID-19 hospitalization expenses and safeguards you and your family under one health insurance policy. 

  This plan gives you the flexibility to either avail individual Sum Insured for each member of your family or choose a family floater plan. With a family health insurance plan, you get day care procedures cover, bariatric surgery cover, maternity/newborn baby cover, organ donor expenses cover and cover for Ayurvedic and homeopathic cover.

• ● Bajaj Allianz Silver Health Insurance plan:

  A health insurance that covers COVID-19 hospitalization expenses for the elderly.

  A health insurance for senior citizens ensures that you do not spend all your savings on health in your old age. With this plan, you get financial security for, hospitalization, medical check-ups, pre and post hospitalization expenses. And, you also get a 5% family discount for each member of your family and customized packages to suit your requirements.

• ● Arogya Sanjeevani Plan:

  A standard health insurance plan, the Arogya Sanjeevani policy covers you for COVID-19 hospitalization expenses, day care procedures, AYUSH treatment, day care treatments, road ambulance expenses, cataract treatment and many listed modern treatment methods.

• ● Corona Kavach Policy

  Corona Kavach Policy, as mandated by the Insurance Regulatory and Development Authority of India (IRDAI) and made available by Bajaj Allianz General Insurance Company. It is designed to cover COVID related hospitalization/home care treatment expenses. The policy also provides coverage towards AYUSH treatment with an option of Hospital daily cash, Pre and Post hospitalisation, Road ambulance,. If you are undergoing treatment for Coronavirus at your residence, then we cover medical expenses related to health monitoring, medicine costs upto 14 days.

Health Insurance Coverage for Coronavirus

Hospitalization expenses

Health insurance for Coronavirus covers you and your dear ones from the hospitalization expenses like room, boarding & nursing expenses, doctor, consultants, specialists’ fees, diagnostic tests for COVID-19 and much more if you are admitted to a hospital due to COVID-19.

Pre and Post hospitalization

You also get covered for the pre and post hospitalization expenses up to 60 days and 90 days respectively.

Alternative treatments

You also get covered for the non-allopathic treatments such as Ayurveda, Unnani, Sidha and Homeopathy treatment.

Ambulance charges

Health insurance plans covering Coronavirus offer you road ambulance cover, so that you reach your nearest hospital with adequate emergency facilities following an emergency.

Day care procedures

With our health insurance plan, you are extensively covered for several day care procedures, which require you to be in the hospital for less than 24 hours.

Convalescence Benefit

You will be eligible for a benefit payout of INR 5,000 annually, in case of continuous hospitalization for a period of 10 days or more, provided that your hospitalization claim is admissible.

Coronavirus Coverage Under Existing Health Insurance Plan

If you have an existing Bajaj Allianz health insurance plan, you can check with us about the coverage for COVID-19. If you have taken our health insurance policy before or even after the coronavirus outbreak, we will cover you for the hospitalization expenses of COVID-19 infection. Please note that if you get infected with COVID-19 during the waiting period, then the coverage for the same will not be covered under health insurance plan.

So, if you are planning to get health insurance plans covering Coronavirus after the COVID-19 outbreak, then make sure that you get it before you become the victim of this disease. The basic coverages provided by health insurance plans covering Coronavirus are:

• ● In-patient hospitalization expenses
• ● ICU charges
• ● Pre and post hospitalization expenses
• ● Coronavirus diagnostic test expenses

Things to Check before Buying Health Insurance for Coronavirus

It is a must to buy health insurance for Coronavirus to get the optimum coverage for this illness. But, you should check the following things with your insurer before buying health insurance plans covering COVID-19:

• ● You should check the list of network hospitals, so that you know if your preferred hospital has a tie-up with your insurance provider and that you can avail the cashless facility, if you need to get admitted there.
• ● You should look out for at least the basic coverages like pre and post hospitalization expenses, ICU charges and road ambulance expenses before you buy health insurance for coronavirus.
• ● The next thing that you need to get confirmation on is the waiting period. Most of the standard health insurance plans have a waiting period of 30 days before they start covering you for illnesses. However, this varies from policy to policy and so, you should check the waiting period under the health insurance for COVID-19 that you are planning to buy.
• ● The other thing that you should check is the offered Sum Insured (SI). Since the hospitalization expenses for coronavirus infection are very high, it is advisable that you get health insurance plans covering COVID-19 with a higher SI.