Newborn babies require special attention and extra care, including regular check-ups, medical treatments and vaccinations. Moreover, the immune system of newborn babies takes time to develop, and thus they are prone to falling sick. Hence it is wise to acquire health insurance for the newborn baby to get medical attention whenever needed. The family can safeguard themselves against the drainage of funds by ensuring timely medical treatment. Only a handful of health insurance policies are created specifically for newborns, but you can always benefit from some floater family policies or maternity plans to cover your newborn. Let's look at the health insurance plans available for newborn babies.
Tata AIG Medicare Premier Plan
Tata AIG Medicare Premier Plan is for individuals between the ages of 91 days and 65 years. Offered on a floater basis for individuals or families and issued for 1, 2 or 3 years. Policyholders of this health insurance can cover up to seven members when purchasing an individual plan or family insurance. This may include you, your spouse, three dependents, and two dependents. Maternity expenses are covered up to INR 50,000. In addition, it covers up to INR 10,000 for treating a newborn baby due to delivery complications. This coverage-based health insurance is packed with a range of benefits with no floors and is available at its pan-India network hospitals.
Bajaj Allianz Health Guard Platinum
Health-Guard Platinum is expensive. But there are various benefits, such as built-in maternity and newborn coverage. Newborn insurance covers medical and immunization costs for newborns for the first 90 days. After that, the waiting period is 72 months and offers maternity insurance up to INR 35,000 for caesarean deliveries. Covers the cost of post-natal complications and mandatory vaccinations. No unfair terms included.
Niva Bupa Heartbeat Platinum
Heartbeat Platinum from Niva Bupa provides comprehensive protection. The coverage is more than enough. Coverage lasts from the date of delivery until the end of the policy year and includes two deliveries in between. In contrast to other policies, newborns are individually insured up to the policy amount. Additionally, it covers maternity benefits and vaccinations until the baby turns one year old. The only problem is that this policy is much more expensive than others in the same class.
ICICI Lombard Complete Health Insurance Policy
The ICICI Lombard Complete Health Plan is a comprehensive family health plan that offers both built-in and optional benefits. Some of its great features include the following –
- 100% recovery of the insurance amount
- Wellness programs specifically designed to promote healthy living
- Newborn insurance is available for an additional premium if you choose maternity insurance
- The newborn allowance covers newborns up to 91 days old
Care Joy Plan
Care Health Insurance Joy Plan is a specialized maternity plan with two flavours: Joy Today and Joy Tomorrow. The plan covers childbirth costs within a short waiting period and extends newborn and other health insurance coverage. You can also enrol in family floater insurance so the whole family can be insured. Joy Plan provides:
- In-patient care.
- Daycare.
- Hospital and medical expenses for up to 30 days.
- Post-hospitalization for up to 60 days.
- Ambulance and maternity coverage.
Overall, this is comprehensive health insurance that focuses on maternity benefits.
Royal Sundaram Lifeline Policy
The Lifeline Elite Plan is a comprehensive policy with several features, including newborn coverage. In addition to maternity insurance, newborn insurance also covers 25% of the insurance amount. Furthermore, this policy covers vaccination costs up to INR 10,000 and coverage for newborns up to the expiration date.
Digit Health Plus Policy
This policy protects the health of children in case of illness. As per the floater family's personal policy, this plan also protects the health of the newborn. However, adults must have the same insurance as their children. Therefore, if your child is hospitalized due to a cold, illness, accident, or other medical reason, your insurance may still cover it. INR 200,000 is the minimum insured amount for this insurance. A newborn baby is covered for up to 90 days from birth.
Star Star Comprehensive Insurance Policy with Delivery Cover
Star Comprehensive Insurance provides coverage for the following childbirth and newborn costs.
- Childbirth expenses, including a caesarean section up to two times during the insured person's insurance period.
- Prenatal and post-natal costs for childbirth, including caesarean section, up to the stated limit.
- Hospital/nursing home expenses incurred for treating neonatal illnesses, illnesses, including congenital diseases and accidental injuries, up to the stated limit.
- Immunization costs are covered within the stipulated limits until the baby turns one year old.
Manipal Cigna ProHealth Plus
ProHealth coverage is available in individual and family coverage, offering Plus, Priority, and Premium options for newborn and first-year immunizations. In addition, ManipalCigna, through its ProHealth insurance plan, offers children's health insurance for in-patient, pre-hospital, post-hospital and many other costs. Sum insured options range from INR 2.5 lakh-1 crore. The minimum age for admission is 91 days for a child.
Cholamandalam MS Healthline Health Insurance
The fourth variation of Chola Healthline, Privilege Healthline, covers maternity care and newborn costs to protect new mothers from financial insecurity. Privilege Healthline is a complete maternity health insurance plan that doesn't require you to pay significant premiums, giving women great peace of mind. The minimum enrollment age is 90 days.
Conclusion
Newborn baby coverage is something many need to focus on. The above information will help you select the best policy.
