Health Insurance for Parents with Pre-Existing Diseases

Health Insurance for Parents with Pre-Existing diseases

When you are looking to buya health insurance plan for your parents, you need to be extra cautious

in choosing the right comprehensive plan as parents after a certain age require regular medical

treatment or check-up. You should be on the lookout for a health insurance plan that provides

coverage for the entire lifetime. In the UAE, basic health insurance premium cost for native resident

senior citizens can go up to AED 30,000, whereas for expats, it can range anywhere from AED 12,000

to AED 20,000. Health insurance companies consider various factors such as age, pre-existing

conditions, etc. which is why there are comparatively lesser plan options for senior citizens.

However, with health insurance becoming mandatory in the UAE, insurance companies have to

make sure that every individual is covered before the deadline.

After a certain age, parents may need regular medical attention for some condition they may

sustain. Hence, a major criteria to look for in a health insurance plan is the pre-existing condition

clause. A pre-existing condition is a medical condition that exists in an individual before applying for

a health insurance plan. No health insurance plan will cover all pre-existing conditions from the

outset. Even though the policy may satisfy the requirement of senior citizens, it may not necessarily

fit in their budget. Basic health insurance plan's premium start from around AED 12,000 for an expat

between the age group 60-70 years. For expats above the age of 70 years, the premiums go up to

AED 13,500 and AED 15,200 for people above 80 years of age.As you declare the pre-existing

conditions of your parents, this amount further increases, causing it to go out of budget for some

buyers. With the mandatory clause in place, it is also a compulsion to include all pre-existing

conditions in the plan, leaving the senior citizens with no choice but to buy plans which are...