Can I Buy A CoronaVirus Specific Health Insurance Plan?

Nothing is more important in life than your health and the health of your loved ones. Beyond the cliche that one's actual wealth is their health, having excellent and stable health is the bedrock of all else in life. However, a wide range of unforeseen occurrences and diseases might have a negative impact on your health. As a result, getting health insurance coverage adds an extra layer of protection to your health. With the advancement of technology, you may now purchase an online health insurance plan to protect yourself financially against health-related difficulties.

The definition of health insurance is simple: it is a mechanism that assures that any health-related risks or occurrences do not deplete your financial resources. Health insurance policies in India have gotten increasingly broad and comprehensive as people's understanding of health and lifestyle-related ailments has grown. The ongoing worldwide Covid-19 epidemic has broadened popular perceptions of health and the significance of having proper medical insurance. To know more about a coronavirus specific health insurance plan, read on.

What Is Exactly CoronaVirus?

Novel Coronavirus (COVID-19) is a category of viruses that assault a person's immunity, causing illnesses ranging from the common cold to Severe Acute Respiratory Syndrome (SARS). In late December 2019, a novel coronavirus strain emerged in China that had previously been unknown to humans. COVID-19, or new Coronavirus illness, was the name given to it. Since then, other COVID-19 variations have been discovered, including the delta and omicron versions.

Infection of the nose, upper neck, and sinuses is caused by the coronavirus. The virus can cause serious respiratory infections such pneumonia, renal failure, and multiple organ failure in extreme situations. As a result, the 2019-nCoV, or new coronavirus illness, has primarily killed those over the age of 60 and those with pre-existing medical issues.

Coronavirus infection has symptoms that are similar to the flu, including a sore throat, fever, dry cough, runny nose, and headache. Excessive weariness and a parched throat are also symptoms of the novel omicron COVID type. Despite the fact that COVID-19 is a novel strain of coronavirus, various vaccines have been produced throughout the world, including Covishield, Covaxin, and Sputnik V, which are accessible in India.

Is There Any CoronaVirus Health Insurance Plan?

If you're seeking for a specialised health insurance coverage for coronavirus (COVID-19), ordinary health insurance policies will cover all medical expenditures incurred during COVID-19 treatment. These are two standard goods that were recently introduced in accordance with the IRDAI requirements. In addition, all health and general insurance firms in India have the same policy terms.

Coronavirus Health Insurance is a type of insurance that pays for medical expenditures related to COVID-19 therapy. A coronavirus health insurance policy is meant to cover the policyholder's inpatient bills, regardless of the sickness with which he has been diagnosed (unless it is a critical illness that is not covered). Almost all health insurance policies cover inpatient costs paid for viral infection treatment. Because Coronavirus is a viral illness, pre- and post-hospitalisation expenditures, including in-patient and out-patient expenses, spent for the treatment of COVID-19 and its variations, including omicron, are covered by a complete health insurance coverage.

Coronavirus health insurance will be accessible the day the insured is diagnosed with the sickness. This is due to the fact that COVID-19 is a novel disease that does not fall within the concept of a pre-existing condition.

Endnotes

Many insurers have included Covid-19 Health Insurance coverage in their base policies after the coronavirus epidemic. They also provide particular Covid-19 Insurance Policies, such as Corona Kavach and Corona Rakshak, which are indemnity and benefit-based plans that are popular in India. In these two mediclaim insurance for coronavirus, all hospitalisation expenditures, Ayush treatment expenses, and home treatment expenses are covered, as well as the cost of consumable products.

Also read - Comparing COVID-19 Vaccines

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.