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5 Best Government Health Insurance Schemes For Senior Citizens

A Government health insurance policy for senior citizens is specially and specifically designed for people of age above 60 years. Every senior citizen can go for Government health insurance schemes.

We all know that as time, people start to get older they start depending on their families for financial help and other daily needs also, the medical expenses also increase rapidly with the increasing age and that is why they should go for Senior citizen’s Government health insurance.

So, because of this, it is very important to analyze and select the best policy. There are so many Government health schemes that are available in India for senior citizens.

Some of the Best Government Health insurance schemes for Senior citizens are available from which senior citizens can choose the best scheme. We also know that all the companies want to offer the best policies because of which the market is flooded with several health insurance schemes that make fake promises and misguides the people to attract customers. This is the reason why it is always preferable to buy Government health insurance policies for senior citizens.

The Indian government is very serious about this issue and has developed some great Government health insurance for senior citizens now we are going to discuss the Top 5 Government Health insurance schemes for senior citizens. The list of government health insurance schemes is mentioned below also, we will discuss all of the mentioned schemes in detail.

List of Best Government Health Insurance Schemes for Senior Citizens in India

Let us now have a look at the list of best government health insurance schemes for senior citizens in India:

  1. National Varishta Mediclaim Policy
  2. National Senior Citizen Mediclaim Policy
  3. New India Assurance Senior Citizen Mediclaim Policy
  4. Oriental Senior Citizen Hope Health Insurance
  5. United India Senior Citizen Mediclaim Policy

Let us see the amount of sum assured provided by each of these policies and also the entry age in the table mentioned below:-

Policies   Sum Assured  Entry Age
National Varishta Mediclaim Policy Rs.1 lakh – Rs.2 lakhs Above 60 years
National Senior Citizens Mediclaim Policy Rs.10 lakhs 60 – 80 years
New India Assurance Senior Citizens Mediclaim Policy Rs.1 Lakh – Rs.2 Lakhs 60 – 80 years
Oriental Senior Citizens Hope Health Insurance Rs.1 Lakh – Rs.1.5 Lakhs Above 60 years
United India Senior Citizen Mediclaim Policy Rs.1 – Rs.3 Lakhs 61 – 80 Years

Now, let us discuss all of the above-mentioned Government health insurance schemes for senior citizens.

1. National Varishta Mediclaim Policy

This Government health insurance plan for senior citizens is introduced by the National Health insurance company. National Health insurance company made this Mediclaim policy for senior citizens aged above 60 years. “Varishta” is a Sanskrit word whose English translation is senior.

In this health insurance scheme, the policy period is only one year but the plan renewal of the policy can be done up to the age of 90 years.

Features of the National Varishta Mediclaim Policy

Some of the features of this Government health insurance scheme are given below:

  • This Government health scheme for senior citizens in India covers the charges of medicine, oxygen, blood, diagnosis of illness, etc.
  • This government health insurance scheme also covers eight serious illnesses for the insured person.
  • The sum assured limit for the insured person under this health insurance scheme is between Rs.1 lakh to Rs.2 lakh for hospitalization and domiciliary hospitalization. This makes this policy one of the best Government health insurance for senior citizens.
  • This Government health insurance scheme also helps the policyholders with ambulance charges of up to Rs.1000. This is one of a reason why you should choose this Government health insurance for senior citizens.
  • Treatment of serious medical problems are also covered by this Government health scheme for senior citizens in India but up to a pre-decided amount, these serious illnesses can include organ transplant also.
  • This health insurance scheme which is a Government health insurance for senior citizens pays different charges like the charges of consultations with physicians & surgeons.
  • This Govt. Health insurance plans for senior citizens are very good as they also cover some very serious illnesses including cancer, stroke, etc.
  • Under section 80D of ITA, there are some more allowed deductions for the senior citizens in the premiums of this Govt. Health insurance plans of up to Rs.15000.

2. National Senior Citizens Mediclaim Policy

This is one of the top 10 government health insurance schemes for senior citizens. The National Senior Citizens Mediclaim policy for senior citizens in India provides the highest sum assurance which is Rs.10 lakhs and this can be provided to the age bracket of 60 years to 80 years. In this health insurance scheme, the policyholder can also include their partner in this policy based on a family floater.

Features of National Senior Citizens Mediclaim Policy

Below mentioned points are some of the benefits provided by this Best government health insurance scheme for senior citizens:

  • One of these Govt. Health insurance plans for senior citizens also cover different charges like the consultation charges with the physician, or surgeon, the charges of anesthesia, injunction, along with hospital room charges.
  • This Government health insurance for senior citizens also covers the ambulance charges and also the expense of an organ donor.
  • One of these Government health insurance schemes in India also provides a waiting period of 24 months for any pre-existing conditions.
  • One of these Govt. These health insurance plans for senior citizens also provides health insurance scheme cover for different extreme illnesses like HIV and mental illness, which makes it one of the Best government health insurance schemes for senior citizens. This is a very major reason to consider this Government health scheme for senior citizens in India.
  • In this government, health insurance schemes, not just allopathic but Ayurveda and homeopathic treatments cover are also provided. Which makes this Govt. Health insurance plans for senior citizens are even better.
  • At the network hospitals with this health insurance scheme, a cashless treatments facility is provided by this Government health insurance for senior citizens.
  • Tax benefits are provided under this health insurance scheme, under the 80D section of ITA on premium paid.

3. New India Assurance Senior Citizen Mediclaim Policy

This is also one of the best Government health insurance schemes for senior citizens. This government health insurance for senior citizens is specially designed to give benefits to people of the age group between 60 to 80 years.

Features of New India Assurance Senior Citizen Mediclaim Policy

One of these Government health schemes for senior citizens in India has several features which are listed below:

    • According to this health insurance scheme the policyholder can have a sun assurance of between Rs.1 lakh to Rs.1.5 lakh.
    • This government health insurance scheme provides cover for the pre-existing disease but after a waiting period of at least 18 months.
    • This Govt. Health insurance plans for senior citizens provide hospitalization cover for 30 and 60 days respectively.
    • If the partner of the policyholder is also covered in this government health insurance scheme, it provides a discount of 10%.
    • If a policyholder pays the premium in advance, in that case after 18 months are completed, this health insurance scheme will provide cover for illnesses like diabetes, hypertension, and all the other related complications are also covered under this policy. This is one of the very interesting points about this Government health scheme.

4. Oriental Senior citizen Hope Health Insurance

This health insurance scheme is one of the Best government health insurance schemes for senior citizens as it provides some great benefits to its policyholders. This has been included in the top 10 Government health insurance schemes for senior citizens because this health insurance scheme is available for people above the age of 60 years.

Features of Oriental Senior citizen Hope Health Insurance

Let us now have a look at the features provided by one of these Government health insurance schemes given below:

  • This health insurance scheme is on the list of government health insurance schemes and also is one of the top government health insurance schemes for senior citizens because this policy offers a sum assurance to the insured person of Rs.1 lakh up to Rs.5 lakh.
  • This is one of the Government health insurance schemes in India as it provides a cover for pre-existing illnesses after a particular waiting period of 24 months.
  • This health insurance scheme is on the list of government health insurance schemes as it provides a cover for the consultant fee of the physician and other doctors.
  • This health insurance scheme is of the top 10 Government health insurance schemes for senior citizens as it covers the charges for the ICU unit.
  • One of these Government health insurance schemes provides complete cover for ambulance charges, dialysis, also the charges for radiotherapy, etc.
  • One of these Government health insurance schemes offers cover for chemotherapy in case of cancer treatment because of which this Government health scheme for senior citizens is a great choice to consider.

5. United India Senior Citizen Mediclaim Policy

This is the last Government health policy among all the other top government health insurance schemes for senior citizens. This scheme provides health cover for the people of the age group between 61 years to 80 years and this is one of the major reasons for this policy to be at the top among other Government health insurance schemes for senior citizens.

Features of United India Senior Citizen Mediclaim Policy

The list of government health insurance schemes doesn’t end her just like the benefits provided by this health insurance scheme which are given below:

  • In one of these Government health insurance schemes in India, a sum insured amount of from Rs.1 lakh up to Rs.3 lakh is provided.
  • One of these Government health insurance schemes provides cover for pre-existing illnesses after the waiting period of 48 months.
  • This health insurance scheme provides a cover for the fees of physicians, and surgeons and also covers anesthetic charges, etc.
  • This health insurance scheme is included in the Health Insurance for Senior Citizens because it provides coverage for not only hospitalization but also for medicine, drugs, blood required, etc. This is a very good point about this Government health insurance for senior citizens.

Read more: Why Senior Citizen Health Insurance Is So Important

Importance of Government health insurance for senior citizens

We already discussed the health insurance schemes which all are Government health insurance schemes, but the list of government health insurance scheme benefits is not just the only one so, we will discuss other government health insurance scheme benefits below, which will help the customers to get a better understanding of this point of the importance of government health insurance for senior citizens.

Now, we will discuss the benefits of these policies below:

  1. Old age comes with a wide range of medical problems and a health insurance scheme comes to your rescue. Government health insurance schemes are very important as it doesn’t burden the person all at once which is generally faced by people who do not take the health policy.
  2. Government health insurance schemes for senior citizens in India can prove to become a support for the medical expenses of senior citizens and their families. That is why it is recommended to opt for any Government health schemes for senior citizens in India.
  3. Govt. Health insurance plans for senior citizens are specially made for senior citizens keeping in mind their financial independence so that they can live in peace and dignity.
  4. Govt. Health insurance plans for senior citizens also save you from spending all your savings at the time of any medical emergency.
  5. Govt. Health insurance plans for senior citizens make you less worried and make you can live your life with ease, as worries and tension are the reasons for most medical illnesses.

Government Health Insurance Schemes For Senior Citizens – FAQs

Q1. What is the Govt? Health insurance plans for senior citizens?

Ans. Govt. Health insurance plans for senior citizens are the health insurance plans which are specially designed for the senior citizens to save some money for their future medical requirements, they are issued by the government of India which is why they are Govt. Health insurance plans for senior citizens.

Q2. Which are the top Govt. Health insurance schemes in India?

Ans. There are several Govt. Health insurance schemes in India are available, some of them are given below:

  • National Varishtha Mediclaim Policy
  • National Senior Citizen Mediclaim Policy
  • New India Assurance Senior Citizen Mediclaim Policy
  • Oriental Senior Citizen Hope Health Insurance
  • United India Senior Citizen Mediclaim Policy

These are some of the top Govt. Health insurance schemes in India.

Q3. Are the Govt. Health insurance schemes in India issued by the Indian government?

Ans. Yes, the Govt. Health insurance schemes in India are issued by the Indian government.

Q4. Is any Government health insurance for senior citizens available outside India?

Ans. No, at this point in time not any of these Government health insurance policies for senior citizens is available outside India.

Q5. Do any Government health schemes for senior citizens in India provide a cover for chemotherapy?

Ans. Yes, some of the above-mentioned Government health schemes for senior citizens provide a cover for chemotherapy.

Q6. Government health schemes for senior citizens in India are provided from which age?

Ans. All the Government health schemes for senior citizens in India are provided to the senior citizens after the age of 60 years.

Q7. Mention any one benefit of taking Government health schemes for senior citizens in India.

Ans. One of the major benefits of taking Government health schemes for senior citizens in India is that government health insurance schemes make a person financially independent as the person will never have to look up to someone for their medical expenses. 

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FinanceGABhttps://www.financegab.com/
Ajeet Sharma, the founder of Financegab and a well-known name in the field of financial blogging. Blogging since 2017, he has the expertise and excellent knowledge about personal finance. Financegab is all about personal finance which aims to create awareness among people about personal finance and help them to make smart, well-informed financial decisions.

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