Things to keep in mind when you're buying a health insurance plan for a mother

As our loved ones age, their health becomes a paramount concern. In times of uncertainty and vulnerability, it is essential to ensure that our elderly family members are protected against any unforeseen medical emergencies. The ongoing pandemic has only underscored the importance of senior citizen health insurance, as older adults are at a higher risk of contracting the virus. A medical cover tailored for senior citizens can provide them with quality healthcare services and treatment without depleting their life savings. Buying a health insurance plan for a mother is a thoughtful and responsible gesture, enabling her to age gracefully and receive the care she deserves. 

Things to keep in mind when buying a health insurance plan for a mother: 

1. Coverage for pre-existing conditions: 

As your mother gets older, she may develop pre-existing medical conditions that require regular treatment. Look for a health insurance plan that covers pre-existing conditions. 

1. Network hospitals: 

Check the list of network hospitals covered under the insurance plan. This will ensure that your mother can receive cashless treatment at these hospitals without having to worry about paying upfront. 

1. Sum insured: 

Choose a plan with a sufficient sum insured to cover the medical expenses of your mother. Keep in mind that healthcare costs can be high, and you want to ensure that your mother is adequately covered.

1. Co-payment: 

Some health insurance plans for senior citizens have a co-payment clause, which means that you have to pay a portion of the medical bill yourself. Check the co-payment percentage before finalising the plan. 

1. Waiting period: 

Some insurance plans have a waiting period before certain medical conditions are covered. Make sure you are aware of the waiting period before buying the plan. 

1. Renewal age: 

Check the renewal age of the insurance plan. You want a plan that can be renewed even in old age, so your mother is always covered. 

1. Premiums: 

Compare the premiums of different insurance plans to choose one that fits your budget. Keep in mind that the premium may increase as your mother gets older. 

1. Claim settlement ratio: 

Check the claim settlement ratio of the insurance company before buying the plan. You want a company with a high claim settlement ratio, so you can be assured of quick and hassle-free claim settlement. 

By keeping these things in mind, you can choose a health insurance plan that provides comprehensive coverage for your mother's healthcare needs. 

Investing in a health insurance plan for your mother is a responsible and thoughtful gesture that can provide her with the care she deserves as she ages. By considering the factors we've outlined, such as coverage for pre-existing conditions, network hospitals, sum insured, and more, you can make an informed decision and ensure that your mother's health is protected.