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BimaDeals
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IRDA may ensure affordable health cover to all beyond 65 yrs also

The insurance regulatory authority- IRDA is looking at a proposal to make health cover affordable for all senior citizens. The proposal which is based on the recommendations of an expert panel - is based on the core assumption to allow Senior citizens to enter the Health insurance system even beyond the age of 65 yrs.

This will surely be a welcome change by the Senior Citizens as currently most Health Insurers do not renew their Health Insurance policies after the insured crosses the 65 yrs mark.

Comments

My parents are 75 & 70 years

My parents are 75 & 70 years old, will they be covered for health insurance ?

You can avail health

You can avail health insurance from New India Insurance - Under Varistha Medical Insurance for Senior Citizens

Thank you for suggesting

Thank you for suggesting this plan

Dear Visitor, the above

Dear Visitor,
the above mentioned is still a proposal and the implementation of the same will be some time away. Moreover the final policy guidelines that IRDA finalizes is not known yet- but there are indications that this will cover people in the age category of your parents also.
So lets wait & see how this unfolds.

Regards
Team BimaDeals