Women and Health Insurance -Time to Empower Yourself
Year after year we come across several days dedicated to women i.e. International Women’s day, Mothers’ day etc. These are primarily for marketing purposes,and they hardly do anything to change the existing ground realities regarding women empowerment.For example, when it comes tohealth insurance, Indian women are either underinsured or uninsured.Let’s state it from the outset - a health insurance policy is as importantfor women as it is for men.
Insurance is a Must for Women
Today, the word ‘feminism’ has caught everyone’s fancy, which stands for gender equality.There are constant talks regarding women empowerment. But how can we empower women when majority of them are without basic facilities such as health care and education. The time is ripe to pay equal attention to women health care and hygiene. Women are so busy fulfilling family obligations and duties that they forget their welfare aspects in the process. To protect the backbone of every household, the women,it is pertinent to bring themunder afamily health insurance policy or an individual plan.
Women-centric policies in health insurance include: -
1. Cover forailmentsspecific to women such as breast cancer, fallopian tube cancer, uterine cancer, ovarian cancer, vaginal cancer, cervical cancer
2. Personal accident cover for insured woman and earning members of the woman's family
3. Cover for hospitalization and post hospitalization treatment charges for critical ailments
4. Livelihood support benefit in case of an accidental death and permanent total disability of Insured woman and earning members of woman's family
Insurance is not Age-Specific
Owing to the rise in lifestyle diseases, women,irrespective of the age group they belong to, are at risk these days.Health insurance is no longerrestricted to the elderly women either. Each and every woman, be it a 21-year-old or a 61-year-old, needs appropriate health insurance plans.As the popular saying about health insurance goes: "Buy health insurance when you don't want it, because you may not get it when you want it."
Things women should keep in mind while selecting a health insurance plan
Family or Individual
Decide the kind of plan you want, whether it is a floater plan or an individual sum insured plan. In the floater plan, a single sum covers your entire family and in anindividual plan, a limit is prescribed for each person covered under the plan.
Find out if there is a waiting period involved in certain illnesses such as hernia, gallbladder/kidney stones, cataract etc. under the plan.Also, check if there is a waiting period for chronic ailments such as cysts or fibroids or a procedure like hysterectomy.
Coverage of Women-Specific Ailments
It is importantfor women to evaluate certain women-centric diseases in the health insurance policy. Ensure that these are covered under the policy.Also, find out the extent of their coverage in the specific policy.
On a Concluding Note
Women should ideally opt for health insurance ata young age,as the premium will be on the lower side. However, as you grow older, the premium amount would increase for a fresh policy. Also, above everything else, ensurethat the insurance policy provides hospitalization charges during pregnancy. Women empowerment will be incomplete as long as theyremain outside the purview of health care. So, to ensure their well-being and prosperity, let us work towardsachieving the objective ofinsurance-for-all.
**To understand exactly about the policy coverage, exclusions etc read the Policy Wordings carefully.**