New health cover for existing disease | Value Research Even if you buy a health policy that covers the out-patient treatment, you may have to wait for the completion of the waiting period to cover your pre-existing illness
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New health cover for existing disease

Even if you buy a health policy that covers the out-patient treatment, you may have to wait for the completion of the waiting period to cover your pre-existing illness

I am a 28-year-old IT professional. I suffer from an eye disease. My medical expenses are exceeding the insurance coverage provided by the company. The nature of disease is such that there is no hospitalisation as such, but every time I visit a doctor I spend around ₹1,500. My Employer contribution is ₹8 lakh for hospitalization and ₹5,000 for domiciliary. I am exceeding the coverage every year. Please recommend a health insurance scheme for me.
Also, my mother is 58 and she is suffering from diabetes. Please suggest a suitable health cover for her.

- Rahul Krishna

Most of the basic insurance plans also cover day care procedures. Day care procedure means treatment of an illness or condition which does not need hospitalization of 24 hours or more due to technological advancement. Check your policy document or ask the insurance company if your eye disease is covered under it.

New health policies come with a waiting period for covering the pre-existing diseases. The waiting period can be as high as three years. This means even if you buy a policy that covers the out-patient treatment, you may have to wait for the completion of the waiting period to cover your pre-existing illness.

For your mother's insurance need read this: Buying health insurance at a later age.


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