Health Insurance for Senior Citizens Above 70 Years

As we age, our health starts to deteriorate and taking care of it becomes more expensive and complex. This is especially true for senior citizens above the age of 70 years, as they often require medical treatments and care to stay fit and healthy. In India, medical expenses are rising due to inflation and availing expensive treatments in the 70s is becoming financially daunting. 

Hence, to tackle such a scenario, you can opt for ACKO’s health insurance for 70 years. It assists you financially in case of medical emergencies, removing the financial burden. This blog will cover the requirements for health insurance in the 70s, factors to consider while buying it and more. 

When individuals enter their golden years, they become more susceptible to critical illnesses and it is important to take proactive measures related to healthcare. They are vulnerable to various chronic diseases, such as hypertension, heart disease, arthritis and diabetes. These diseases affect their mental peace and drain a lot of their finances. Furthermore, the rising cost of medical treatments due to inflation makes it daunting for individuals to receive the best quality treatment for such healthcare issues. 

Therefore, if you opt for a health insurance policy with comprehensive coverage, you can get the best treatment without worrying about financial hurdles. As one of the top health insurance companies, ACKO offers the best comprehensive health insurance coverage to people above 70 years old. It is cheaper health insurance for senior citizens than other insurance available in the market due to its affordable premium. Furthermore, you can get tax benefits for the premium under Section 80D of the Income Tax Act, 1961. 

The government has extended its flagship health insurance scheme, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), to include citizens above 70 years of age. In general, senior citizens were excluded from insurance because of the higher risk profile, but in this recent decision, it will be possible for them to enrol in the scheme, irrespective of income status. This will provide the much-needed financial relief to over six crore senior citizens, providing a family health insurance plan with a sum insured of ₹ 5 lakh. The seniors who are already enrolled under other government-sponsored health schemes will now be able to migrate to AB PM-JAY.

When your parents reach the age of 70, it is essential to take care of their health, as it will not be at its peak during this period. Several health issues start occurring in the 70s and drain your mental health and finances. In addition, the rising cost of medical treatments due to inflation makes it difficult to get proper treatment at affordable rates. It is when medicare for above 70-year-olds will come to the rescue, as it provides financial assistance to reduce the financial burden and receive top-notch treatment in the best hospitals. 

Furthermore, you can opt for a family health insurance policy that offers comprehensive coverage for your family. It ensures you do not buy separate insurance for each member and gives you peace of mind. You can also claim tax benefits under Section 80D of the Income Tax Act, 1961, for the premium you pay for the plan. 

Health insurance will protect you financially during medical emergencies. You can pay the insurance premium at regular intervals or opt for a lifetime renewability policy to utilise during medical emergencies. In addition, when you claim your health insurance, the insurance company will provide coverage for the maximum sum insured limit you have opted for. 

Nevertheless, if your medical expenses are enormous, you must select a plan with high coverage. Such plans offer coverage for your expensive medical treatments, ensuring you do not spend anything from your pockets. In addition, these plans are more detailed and integrated than regular health insurance policies, which will be useful during medical emergencies. 

If you seek high-coverage health insurance for 70 years, ACKO health insurance can be the ideal choice. It provides comprehensive health insurance coverage at an affordable premium with no copayment charges. In addition, you can utilise its features, such as no room rent limit, and get an unlimited sum insured through the ACKO Platinum Health Plan. You can choose an ideal ACKO health insurance according to your requirements. These plans are ACKO Standard Health Plan, ACKO Platinum Health Plan and ACKO Platinum Super Top-up Health Plan. 

When looking for the best health insurance plans for senior citizens above 70 years old, ACKO makes it to the top. You can select ACKO’s three health insurance plans according to your health requirements and budget:

The plan provides 100% coverage for medical bills and treatments and charges zero copayment fees. Furthermore, the policy has no limit on room rent, ensuring you do not pay anything yourself. These factors make it one of the best health insurance plans than other regular plans available in the market. 

It offers unlimited sum insured to policyholders and cashless hospitalisation in more than 14,300 hospitals in India. In addition, the ACKO Platinum Health Plan charges zero fees on non-medical expenses, and has add-ons like doctor-on-call and no room rent limit. You can also enjoy the advantage of zero waiting periods for any diseases or treatments under this plan.

It comprises all the features of the ACKO Platinum Health Plan and provides extra benefits after you exhaust your existing insurance limit. ACKO Platinum Super Top-up Health Plan is advantageous, as it offers an additional sum insured even though you cross your existing plans’ claim limit. However, you do not need to have a base plan to opt for this policy, and you can set deductibles according to your preference in this plan. 

Regarding health insurance, ACKO is one of the most convenient insurance providers in India, as you can effortlessly claim your insurance without problems. You can download the ACKO application, as it is a one-stop solution for buying new health insurance, renewing existing plans and claiming insurance amounts during emergencies.

In addition, there are zero copayment charges on ACKO health insurance, which ensures you do not pay anything from your pocket. You can claim the insurance amount with zero deductions, as ACKO health insurance features zero deductions on the claimable limit. 

Hence, buying health insurance for 70 years is significant, and you must opt for it immediately. It provides you with financial assistance during unforeseen medical emergencies of your parents and ensures they receive the best quality treatment in top hospitals. Furthermore, it acts as a financial security to help you combat the rising cost of medical treatments and medication due to inflation. 

So, if you are looking for the best health insurance for senior citizens above 70 years old, ACKO health insurance is the perfect choice, as it offers comprehensive coverage with zero deductions on claims. 

Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.