Specific life disability conditions such as cancer require early detection and diagnosis. Charges of which could be very high. Regular health insurance plans will cover hospitalization charges and also pre and post-hospitalization charges for a period of 60 to 90 days. Therefore by reading this you’ll come to know about the importance of a Cancer insurance plan.
Here, the pre–hospitalisation phase would be much longer because there are many diagnostics to be done and that medical treatment goes on for a more extended phase. However, there is no surgery required other than a few sessions of radiotherapy for chemotherapy. The hospitalization period could be shorter, or not but hospitalization is needed.
Again in the post-hospitalization period, the treatment is for a longer time than regular checkouts which happens for other illnesses. Therefore, the amount of diagnostics one has to take place is not covered under regular health insurance plans. Hence the need to have a specific cancer medical insurance policy is required.
After the age of 30, it is said that a regular checkup for breast and cervical cancer needs to be done at regular intervals of 2 to 5 years, depending upon the person’s history. It is advisable to have a specific medical insurance plan only for the condition of cancer-related diagnostics and cancer-related diseases of the body. Having such a plan, the insurance premium also stays constant throughout the years and doesn’t charge higher as the number of years increases.
Therefore it is a better value for money over the long term. A cancer insurance plan offers the benefit of withdrawing the entire claim amount in just one go, thereby giving the freedom for the insurer to use the amount whenever necessary. Whether it is to claim the entire amount and use it in diagnostic treatment or if only a part of the sum is utilized in diagnostic and the remaining for consultation, it depends entirely on the insurer and upon the need of the hour. So the flexibility and the freedom of utilizing the insured amount is in the hands of the patient. Freedom is not only limited to the utilization of the claim amount but also extends to the selection of the hospital or diagnostic or the consultation centre of the patient’s choice. There is no need for the patient only to go to a certain hospital that has a tie-up with the insurance company. Thus, the patient has better options to get treated with the best doctors, giving them more coverage of avenues to get better facilities.
Additionally, there is a no-claim insurance bonus for cancer insurance plans because of the nature of the disease. If there is no amount claimed for a particular year, then in the following year the insurance coverage is increased by an additional amount without any additional premium being charged to the insurance for the patient, and this comes as a significant relief, especially from such diagnostic conditions which will increase the medical bills may be on a later stage.
Don’t think twice about purchasing a cancer plan, as they have remarkable benefits and these plans are for a longer-term duration of 30 to 40 years.
