Is Coronavirus covered by my current health insurance policy?

After the declaration of Covid-19 as a pandemic, several private insurance companies were unwilling to provide coverage for the sickness. They underlined the fact that claims for epidemics and pandemics were specified as exclusions under India's government insurance standards. However, government institutions took a drastically different stance, refusing to deny any Covid-19 accusations and acknowledging the broader impact that Covid-19 had on people's lives.Having health insurance during these difficult times can benefit both your financial security and your emotional health. Instead of worrying, contact your health insurance provider to inquire about Covid-19 coverage. According to experts, very few policies include a language that excludes pandemics, and you need carefully examine the policy documents to acquire a better understanding.

Is Corona Virus Covered Under Your Health Insurance Policy?

Coronavirus illness, also known as COVID-19, is a relatively new condition, however, it is covered by all existing health insurance coverage. This implies that if you obtained health insurance coverage prior to testing positive for the coronavirus condition, all medical expenditures paid in its treatment would be reimbursed (assuming you are not diagnosed within the initial waiting period). You can get coverage for coronavirus under your current health insurance policy, regardless of whether the variant is omicron or delta. Because the coronavirus is not a pre-existing condition, it will be covered as part of the basic hospitalization expenditures under a health insurance plan that covers, among other things, in-patient hospitalization expenses, ICU charges, and diagnostic test prices. However, if you don't currently have health insurance and decide to get one after testing positive for COVID-19, coronavirus treatment costs will not be reimbursed. 

You can always purchase a Coronavirus specialised health insurance plan to ensure maximum protection. Insurance authorities are now allowed insurers to sell short-term Covid-19 specific health insurance with terms ranging from three to eleven months. Coronavirus plans are more expensive since they are for a shorter period of time, but they are an excellent choice if you do not have sufficient financial protection from a complete health insurance policy. These insurance include a minimum sum insured of INR 50,000, a maximum limit of INR 5 Lakh, and a waiting period of no more than 15 days. Individuals between the ages of 18 and 65 years old are eligible. 

Takeaway

In the present COVID19 pandemic scenario, because this is a viral disease, it can be covered under your health insurance coverage once the first waiting period is through. You will be reimbursed for in-patient care, as well as pre and post-hospitalization care and diagnostic charges. So, if you don't have a Health Insurance coverage, don't put it off any longer; acquire health insurance from a reputable insurance company. ​​Choose the finest  health insurance plan to cover your treatment and hospitalisation costs. Choose a coverage that will help you protect your savings. Buying online is now simple and convenient. Now that you've learned everything there is to know about medical coverage for coronavirus-related therapy, it's time to get an insurance if you haven't already. It is always reassuring to know that you have a protective shield surrounding your loved ones during times like this. Hopefully, the information in the above chapters has answered your question concerning Covid-19 coverage and health insurance policies.

Also read - What Can I Do To Defend Myself Against COVID-19 Variants?

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.