Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Hurry Up!
Save upto ₹75,000 on taxes in 80D. Buy a health insurance now!
View Plans

Why Is Having A Health Insurance Policy Important During An Omicron Variant Outbreak?

Updated On Mar 15, 2022

Covid-19, as well as a novel variant of it In the United States, Omicron has been on the rise at an alarming rate. Aside from face masks, hand sanitizers, and social isolation, having health insurance coverage is more crucial than ever. We will not be financially stranded if we have health insurance because our medical expenditures will be covered. Continue reading to learn more about the importance of obtaining a health insurance policy in the event of a pandemic.

Why Is Having A Health Insurance Policy Important During An Omicron Variant Outbreak?

Is Coverage for Omicron COVID Cases Covered by Health Insurance?

People are also scrutinizing their current health insurance policies to ensure that they are protected if they get the Omicron virus. COVID-19 and its variants are covered by the majority of health insurance plans that cover COVID-19. Any new COVID variants, including Omicron, are covered under COVID-specific health insurance. This is owing to the fact that all novel variations, whether novel or not, are part of the same sickness. If you have COVID, a single, comprehensive coverage in your health insurance may meet your insurance needs, but there are a variety of policies that might help you in an emergency.

The following are some of the things that Omicron COVID cases are covered by health insurance:

Ambulance Cover

COVID has the ability to immediately wreak havoc on the health of those who are exposed to it. This is why children should be taken to the hospital as soon as possible, especially if they have respiratory problems. With ambulance coverage, the insured can get an ambulance as soon as possible without having to worry about immediate financial commitments.

Stay At Home Treatment Expenses

In many cases, the COVID-affected patient may not need to travel to the hospital. Even if people isolate themselves at home, they must be monitored and treated on a regular basis. In such circumstances, this type of cover can be highly handy. It will ensure that the quality of the patient's therapy is not jeopardized in any manner.

Healthcare Inflation

Another incentive to seek health insurance as soon as feasible is the rise in healthcare inflation. Healthcare inflation in India is significantly higher than retail inflation. Furthermore, healthcare costs are increasing at an exponential rate. In the blink of an eye, if you or a member of your family gets hospitalized, it will burn a hole in your wallet and wipe out all of your personal funds.

You might not get Health Insurance later

The way health insurance works is comparable to how a personal loan works. If you have a negative credit score, you would not be able to get a loan, and you would not be able to buy health insurance unless you have been diagnosed with a disease and require it. Despite the fact that insurance companies are not compelled to offer you coverage, they should. Consumers may reject your application outright if you are too hazardous for them all to insure - or provide you coverage with a lot of restrictions and high rates if you are too risky for them all to insure.

Take Away

As a result, health insurance is the most important purchase that everyone should make. Having extensive health insurance coverage is always advantageous, regardless of the situation, such as the unexpected and severe coronavirus epidemic. In addition, insurance companies usually take the required procedures to create insurance policies in the most appropriate manner for the current situation. To get the most out of the resources, benefits, and coverages available, one must be aware of all of them.

Also read: What is the Waiting Period in Health Insurance?

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.

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Disclaimer : Actual Coverage might vary basis your location, age and number of members
Must BuyMust Buy

Why to Buy Health Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 75,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers