A pre-existing condition such as diabetes or hypertension could impact the purchase or renewal of a regular health insurance plan. But a specific health cover can bail you out, explains Priya Nair
Minakshi Sharma, a 48-year-old housewife from Delhi, has been suffering from diabetes for the past decade. For most of that time her sugar levels and medications have only increased. But over the last few months Sharma’s sugar levels have shown an encouraging dip, and her doctor has reduced the dosage of her medicines. All this thanks to the monitoring app her health insurer gave her.
When she was first diagnosed with diabetes, Sharma had been advised by her doctor to follow a certain diet and exercise plan. But try as she might, she was not able to stick to it. Then two years ago she purchased Apollo Munich Health Insurance’s Energy Insurance Plan, a diabetes-specific health policy. As part of the insurance, she was initially given an app, which helped her monitor her food intake on a real-time basis. She used the app for few months. Also, Apollo Munich’s wellness portal, myapollomunich. com, enabled her to manage health goals with the help of a health coach.
“Using the app, l used to log what I ate during the day and I got to know the nutritional value of each food. It also told me the quantity of various food items I should be consuming. For instance, 50 per cent of my diet should comprise vegetables, either cooked or raw such as salad, about 25 per cent should be carbohydrates, and so on,” she says.
The policy includes two free health checkups a year. Sharma gets reminders from the insurance company and her results are monitored too. This helps her contain the illness and manage it better. She’s also able to get a discount on the premiums as her blood sugar levels are better now.
“I spend about ₹2000-3000 per month on my medicines and glucometer strips. If it weren’t for the app and the constant monitoring of my food intake and exercise, my sugar levels would not have been under control,” she says.
A Tough Call for Diabetics
Diese Geschichte stammt aus der May 2018-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2018-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs
How Do You Define Happiness?
Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness
Avoid Crypto As It Is Highly Volatile
I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms