Old age brings multiple illnesses that are expensive to treat. Many insurer offer different health insurance plans for senior citizens with premium as per the features. These health insurance plans cover many types of medical expenses incurred by the policyholders with various sub-limits, Co-Pay, exclusions, Conditions etc...
1. Coverage exclusions and conditions
2. Waiting Period of X years
3. Room rent limit eligibility conditions was only this - so that's all you'll get. (Challenging to understand that calculation)
So, are insurance companies trying to...
Health Insurance claims are processed in two ways.
1. Cashless Settlement
2. Reimbursement of Medical Expenses
Claim Process for Cashless Settlement:
Claims Process of Reimbursement of Claims