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Getting Health Insurance for Disability in India

By Finserv MARKETS - Dec 10,2019
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Health Insurance for Disabled in India

Being disabled in India is tough. As per the 2011 Census, there are 26.8 million disabled people in India, which is 2% of our population. There aren’t enough facilities available for the disabled at public places, and the ones with lesser financial resources often have to struggle for making facilities available on their own. On the occasion of International Day of Persons with Disabilities, let’s have a look at the different insurance options available for persons with disabilities (PWDs).

Having health insurance will ensure you don’t have to worry much about the expenses if an accident renders you or your loved ones disabled. If they are covered under a plan like Bajaj Allianz Health Insurance, available on Finserv MARKETS, their expenses will be taken care of with the policy.

Health Insurance for Disabled in India

Source: https://enabled.in/wp/census-of-india-2011-disabled-population/

Who is defined as disabled?

  • Congenital disability

Congenitally disabled persons are those who are disabled right since birth. Common congenital conditions include cerebral palsy, cystic fibrosis, heart conditions.

  • Accidental disability

Accidental disability includes disability caused by an accident. Under this category, people with impaired limbs, partial or total blindness caused by an accident are covered in case of an existing policy.

  • Mental disability

This includes persons with psychiatric conditions, mental impairment, or behavioral distress.

Persons with congenital or mental disability are in the high-risk category. They do not receive complete coverage under critical illness insurance policy, but persons with accidental disability do. There aren’t critical illness covers available specifically for persons with disabilities, but the government has some insurance options for them.

  • Niramaya Health Insurance

It is a health insurance for disabled in India provided by the National Trust. The National Trust is a body of the Government’s Ministry of Social Justice and Empowerment. The National Trust works towards enabling full participation of people with disabilities for living independently. The Niramaya Health insurance scheme aims to provide affordable health insurance to people having cerebral palsy, autism, multiple disabilities, and mental retardation. The insured person gets a health insurance cover of Rs.100,000. This cover includes

  • Diagnostic tests
  • Medicines
  • Regular medical checkups
  • Surgery to prevent aggravation of disability
  • Dental preventive dentistry
  • Hospitalization
  • Corrective surgery for existing disability
  • Corrective surgery for complications related to disability
  • Transportation costs
  • Alternative medicine
  • Pre and post hospitalization expenses

The premium for this health insurance for disabled is Rs.250 for persons with family income of less than Rs.15000/month, and Rs.500 for persons with family income of more than Rs.15000/month.

Swavlamban Health Insurance Scheme

This scheme was launched in 2015 as per the PWD Act, 1995, for providing affordable health insurance for disabled in India. It is an initiative by The New India Assurance Company Limited, and with Ministry Of Social Justice, Dept of Empowerment of Persons with Disabilities. It covers people with low vision, blindness, leprosy, hearing impairment, mental illness, mental retardation, and loco-motor disability. The sum insured is Rs.2 lakhs for a year. It covers not just the person with the disability but also their family, with a family income of Rs.3 lakhs or less. The premium contribution is Rs.357 per month. However, persons with cerebral palsy, autism, and multiple disabilities are not covered.

Things to keep in mind

  • Documentation

Whether it is a government scheme or a private one, you will need to take a medical test at a government hospital and get a medical report from a registered doctor in order to take health insurance for disabled in India.

  • Tax benefits

Under Section 80U of the Income Tax Act, taxpayers who are partially disabled get a tax deduction up to Rs.50,000. Severely disabled ones get a maximum deduction of Rs.100,000 if they have health insurance for disabled.

  • Premium

Insurers usually charge premiums according to current GST terms, age of disabled person, and location. Take this into account while availing a policy from a private insurer.

Being disabled in India is not easy, but there are multiple sources of help available now. If, God forbid, disability befalls you or your family members, having a health insurance cover already will see you through much easier. If you aren’t insured yet, it might be time to check out the Bajaj Allianz Family Health Insurance, available on Finserv MARKETS, which has tie-ups with 6500+ hospitals across India.

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522