The world that we live in today, is one that is convenient, offering technology at the tip of our fingertips. What we could previously achieve in a day’s time, we now are able to complete in a matter of a few seconds. Along with seeing advances in technology and science, the modern man also faces a constant threat, in the form of rising number of fatal diseases and conditions. This could be attributed to changing weather conditions, pollution, over-populated cities and much more. Individuals should always be aware and prepared to face any type of health issue or condition, living in this day and age.
What is a preventive care health insurance plan?
As the old adage goes, “Prevention is better than cure”, individuals should take necessary steps to stay healthy and also keep diseases in check. This can be done by constantly monitoring their health through scheduled check-ups at hospitals. Insurers and healthcare providers across the country offer various plans in the form of “preventive health check-up packages” for individuals looking to undergo regular check-ups with regards to their health. Preventive health care plans help customers to identify probable diseases and take the required precaution. Such plans are important for critical illnesses, as these can be detected early and the necessary medication can be given. Additionally, these preventive health check-ups also take the family history of a patient into consideration and assess the risk of developing diseases based on those factors. Individuals can modify their lifestyles based on the results of a preventive health check-up, improving their quality of life leading to a much healthier one.
Types of Preventive Care Packages:
In India, insurers offer various types of preventive healthcare packages, depending on the type of the patient.
- Packages for Families:
Preventive healthcare packages for the entire family include basic full body check-ups, dietary consultations, dental checks, etc. These packages include consultations with various types of doctors covering ophthalmology, ENT, cardiology, general surgery, etc. Consultations are available at top hospitals across India at affordable rates. Institutions also offer customised packages for men and women separately catering to their specific medical requirements.
- Cardiac Packages:
With a rise in the number of cardiac-based ailments in India, there are customised plans available to undergo a complete cardiac check with various hospitals across the country. Screening procedures are designed to identify the risk of heart attacks or strokes and other cardiovascular diseases. Consultations done as per these packages also factor in the family history and the lifestyle of an individual, while suggesting required corrective measures.
- Cancer Packages:
Cancer poses the biggest threat to individuals, currently, with changing lifestyles and food habits amongst the younger generation. Cancer screening programs are available for early detection of the disease along with helping individuals identify risks they might face in the future.
- Packages for Kids:
Being in good health is important regardless of the age of the individual. Customers can also avail health care plans for their children aged up to thirteen years. Programs customised for kids will include Paediatrics, Ophthalmology, Dental, Radiology Services, ENT, general check-up, etc.
- Diabetes Plans:
Customers can also avail Diabetes plans which are inclusive of check-ups for vital organs.
- Fertility Check-ups:
Hospitals also offer packages for fertility check-ups covering tests for assessing the fertility quotient along with consultations with experts and doctors.
- Corporate/Executive Plans:
Corporate employees can also procure preventive healthcare plans for all their employees at subsidized rates from various hospitals across India. These are customised according to the needs of the organisation and employers are free to choose the levels of check-ups and consultation required for their employees.
- Dental Packages:
Customers can get specialized dental packages other than the regular health check-up plans that are offered by medical institutions.
Tests included under Preventive Care Packages:
Generally, preventive plans would include tests for pressure monitoring, blood tests, cholesterol levels, diabetes tests, pap smear, cancer screening, genetic testing, HIV tests, etc. Every package will be customised according to the type of customer undergoing the test.
Tax Exemption on Preventive Health Check-ups:
Under Section 80D, customers can get tax exemptions when they avail a preventive health check-up plan. When a preventive health plan is taken, customers can get tax waivers of up to Rs. 5000. This would be included in an overall deduction of Rs. 15,000 for payment of premium towards health insurance plan for the policyholder and his/her family.
Companies offering preventive health care insurance plan:
The following companies offer various types of preventive care health insurance plans in India.
- Max Healthcare
- Apollo Hospitals
- New India Assurance
- Bajaj Allianz General Insurance
GST rate of 18% applicable for all financial services effective July 1, 2017.
Disclaimer: Premiums may vary depending upon factors like age, location and prevailing taxes/GST.