Diabetic and cardiac insurance, According to Wikipedia and WHO, India has an estimated 77 million (7.7 cr) people with diabetes, which makes it the second most affected in the world, after China. Known in health circles as the Silent Killer, one in six people (17%) in the world with diabetes is from India.(India’s population as calculated in October 2018 was about 17.5% of the global total). And more importantly, the number is of diabetics projected to grow by 2045 to become 134 million (13.4 cr) per the estimates of the International Diabetes Federation.
In India, type 1 diabetes is more rare than in western countries. Only about one-third of type 2 diabetics in India are overweight or obese. An early study suggests that the prevalence of type 2 diabetes in Indians may be due to environmental and lifestyle changes resulting from industrialization and migration to urban environment from rural parts of India. These changes also occur earlier in life, which means chronic long-term complications are more common.
While India is moving towards becoming the Diabetes capital of the world, ironically there are very few insurance companies offering Diabetes insurance products in India. The only logical explanation could be that despite the high prevalence of this dreaded silent killer (almost 10% of the population), the mortality as a direct result of diabetes is only 2% of the total deaths in India, this means that most diabetics are not passing away due to this disease but are able to manage it’s impact through dieatary and lifestyle changes etc. This means that the insurance company will see almost all insureds outlasting the policy, and they will end up paying for all their treatment costs, which may make this plan unsustainable.
Currently most indemnity based health insurance plans have diabetes in their exclusion list and also extend it to complications arising from the disease. Diabetes features a number of easy to identify symptoms that include excessive thirst, frequent urination, fatigue, blurry vision and sudden weight loss and this further results in complications relating to the kidney, nervous system, cancer and cardio vascular ailments. Some offer coverage after a mandatory waiting period between 3-4 years of the health plan being in force. It is only the fixed benefit insurance plans offered by a handful of insurance companies that cover diabetics and their treatment costs in a reasonably comprehensive manner.
Some persons who are salaried employees can afford to have coverage through their group health insurance, provided by their employer. Such a plan covers one against pre-existing conditions including diabetes but it is active only as long as they are an employee with the organization. So employed people can expect to have some coverage atleast through these group plans.
Following is some statistics related to Diabetes in India. The objective of this presentation of data is for the readers to be aware of prevalence of this dreaded disease in India :
The common benefits under these Fived Benefit Diabetes plans include :
What not to eat:
What to eat and do: