Senior Citizen Health Insurance: Employee Health Insurance should be the support of health in old age – know how

Health problems have become common in today’s fast pace, and when it comes to senior citizens, this need increases even more. There was a time when medicines used to be the need of old people, today that need is becoming more important every day. In such a situation, health insurance has now become a need, but a need.

But many elderly are reluctant to take health insurance because its premium is high. The good thing is that with some smart strategies you can make insurance economical without compromising coverage.

1. The sooner it is, the cheap it will be

The sooner the health insurance is taken, the better. If you take a policy at the age of 60, then his premium will be many times more than the person taking at the age of 30. Along with this, the benefit of no-calm bonus is also available-not claiming every year, the insurance cover increases by 5% to 10%.

Bonus Tip: If you take a 3 -year policy at a time, you can also get a discount of up to 15%.

2. Compare well before purchasing the policy

Nowadays it has become very easy to compare online insurance. On many websites, you can choose the correct policy according to your need by looking at the plans of all the companies by looking at the side-by-side.

Suggestion: Do not choose just by looking at low premiums, also see which plans have the best hospital network, claim settlement rate, and coverage limit.

3. Deedctable and reduce premium from co-fit

Didactable means that you have to give a certain amount at the time of claim. This reduces the insurance premium.
In Co-Pay, you have to pay a part of the total expenditure yourself.

Example:

• ₹ 5 lakh is Didctable, claim is ₹ 8 lakh → ₹ 5 lakh you will give, ₹ 3 lakh insurance company.
• 20% is co-pea, hospital bill is ₹ 2 lakh → ₹ 40,000 you will give, ₹ 1.6 lakh insurance company.

Advantage: These options can reduce the premium of your policy by 20-30%.

4. Increase coverage with super top-up plan

If you want more security in low premium, then the super top-up plan is a great solution.
This policy is active when your medical expenses exceed the current insurance limit.

Example:

• Current insurance ₹ 3 lakh
• Medical expenses ₹ 7 lakhs
• ₹ 3 lakh will cover regular insurance
• The rest will be covered with ₹ 4 lakh super top-up

Suggestion: Super Top-up plans are cheap and safe.

5. Healthy lifestyle = low premium

Insurance companies now track health. If you:

• Walk daily
• Keep weight controlled
• Regular health checkups

So companies offer discounts or reward points, which can reduce the premium.

Tip: Some companies also give benefits even when they are connected to fitness apps.