Vaccination Cover in Health Insurance

Covid-19 reaffirmed our faith in vaccination. The growing development in this particular field has once again brought a remarkable transformation in the world. You may wonder whether your health insurance provides any vaccination cover. While most health insurance plans offer coverage for hospitalisation due to covid, vaccination cover is also being covered by several insurers. However, it comes with its own set of terms and conditions. Generally, policies with a higher sum insured offer the cost of vaccination up to a pre-specified limit. So, when planning to buy or renew your health insurance make sure you get the vaccination cover too.

Important Update (Dated May 30, 2024) – Good news for Health Insurance policyholders! According to the Master Circular on Health Insurance Business 29052024 rolled out on May 29, 2024 by IRDAI, insurers are to decide on the request for cashless claims within 1 hour of receiving the request. Also, the final claim is to be granted within 3 hours after the policyholder’s discharge from the hospital. Insurers have been directed by IRDAI to establish necessary systems and procedures for this process by July 31, 2024.

The Master Circular on Health Insurance Business 29052024 circular is available here - https://irdai.gov.in/document-detail?documentId=4942918

Prevention is better than cure- This stands true for both vaccinations and having a vaccination cover in health insurance. As we discussed earlier, vaccinations aim at preventing you from the adverse effects of various diseases right from your childhood. Similarly, having vaccine insurance coverage prevents you from facing the burden of additional expenses related to vaccinations, as these would be taken care of by your vaccine cover. With the soaring healthcare costs, a vaccination cover in your health insurance acts as a financial shield that will help you get the vaccinations without hampering your savings.

So, are vaccines covered by your insurance plan? Today, many insurance companies provide a vaccine cover with their health insurance policies. One such cover that is available at Bajaj Markets is the Aditya Birla Activ Assure Diamond Plan.

This plan offers a vaccine cover for the vaccination expenses up to ₹10,000 that are incurred for children below 18 years of age. The Aditya Birla Activ Assure Diamond Plan offers this vaccination cover benefit for policies with a sum insured of ₹1 crore or more. So, with this policy, you can ensure a healthy life for your child by getting him/her vaccinated against various diseases at the right time.

Along with the vaccination cover, the Aditya Birla Activ Assure Diamond Plan also offers multiple additional benefits like No Claim Bonus, health check-up program, domestic and international emergency assistance, critical illness cover, e-opinion, etc.

As per medical experts, children have a weak immune system and hence are at a higher risk of being infected by harmful diseases. Vaccinations help in preventing children from harmful diseases like HPV and hepatitis. So, make sure that your child is vaccinated at the right time, don’t let the cost of these vaccines come in your way. Get a health insurance policy for you and your family that offers vaccination coverage. This way, you can prevent your loved ones from fatal diseases with the right vaccines at the right time, without having to worry about the finances.

Health Insurance Plans Available at Bajaj Markets