Niva Bupa Health Insurance has a wide network of 4,500+ hospitals for cashless treatments along with over 2,000+ doctors for cashless OPD treatments as well. It also provides various facilities such as home pick-up service for diagnostic samples & also for delivery of medicines.

Key Features of Niva Bupa Senior Citizen Health Insurance Policy

ReAssure benefit: The insured person can make multiple claims throughout the year for the treatment of any illnesses. The sum insured will be Reinstated after every claim up to the limit of the base sum insured. This feature is available in the Platinum variant.

For example: Mr. Singh has a NIva Bupa Senior Citizen health insurance policy with a base sum insured of Rs. 10 lakhs. Say due to certain reasons, he gets admitted and makes his first claim of Rs. 8 lakhs. Post the claim, the balance of the base sum insured is of Rs. 2 lakhs. 
Now, in the same year Mr. Singh makes another claim of Rs. 13 lakhs. In such a situation, the total claim of Rs. 12 lakhs (2 lakh from the base sum insured and 10 lakhs from the ReAssure benefit) is paid. The balance of 1 lakh will have to be borne by Mr. Singh.  
Suppose, in the same year Mr. Singh makes a third claim of Rs. 5 lakhs. In such a scenario, the base sum insured had exhausted completely but was triggered up to the limit of base sum insured i.e. Rs. 10 lakhs. So, the third claim will be completely covered under the policy.

Direct Claim Settlement: In case of hospitalization, the insured person or their relatives can claim directly with the health insurer. There won't be any involvement of a third party authority for claim settlement thus maintaining the transparency.

No Claim Bonus: Under the Niva Bupa Senior Citizen Health Insurance plan, with every claim free year, an increase in 10% of the sum insured is awarded as a no claim bonus. This is maximum up to 100% of the base sum insured amount. 

No Room-rent capping: There are zero sub-limits on room rent in Niva Bupa Senior Citizen health insurance.

Variants in Niva Bupa Senior Citizen Health Insurance Policy

One can avail any of the Niva Bupa Senior Citizen plan variants based on their personal requirement. Each plan is self-sufficient with more or less similar features. Have a look at both the variants offered under Niva Bupa Senior Citizen Health Insurance Plan:

Variants	Gold	Platinum
Base sum insured	5 lakhs/10 Lakhs	5/10/15/20/25 Lakhs
Room Category	Shared room	Single Private Room
Ambulance coverage	Road ambulance: up to Rs. 2,000 per hospitalization Air ambulance: up to Rs. 2,50,000 per hospitalization
ReAssure Feature	NA	Can reinstate the base sum insured value unlimited times
Health Check-up	NA	Up to Rs. 500 for every 1 Lakh.  In an Individual plan, the maximum cost covered is up to Rs. 5,000. In a Family Floater plan, maximum cost covered is up to Rs.10,000.
Co-Payment Clause	Co-payment clause is mandatory under Senior Citizen plan
Modern Treatments	Covered up to Sum Insured with a sub-limit of Rs. 1 Lac for every claim on a few robotic surgeries.
AYUSH Treatments	Covered up to Sum Insured
Pre-issuance medical test	Not Mandatory

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Benefits of Niva Bupa Senior Citizen Health Insurance Policy

• In-patient care: Get cashless coverage for hospitalization expenses at network hospitals. To make a claim of Niva Bupa Senior Citizen health insurance plan, the insured has to be admitted for a minimum of 24 hours.
• Organ transplant: In this, the medical expenses related to an organ donor's inpatient treatment is also covered along with the insured person who is undergoing the surgery.
• Day care treatment: Here, day care treatments are covered for senior citizens. Day care treatments refers to medical treatment and/or surgical procedure which is usually undertaken under general anesthesia in a hospital/ day care center in less than 24 hours. 
• Hospital accommodation: There is no room rent capping for any of the variants you choose. Be it a shared room under the Gold plan or a single private room under the Platinum plan of Niva Bupa Senior Citizen Health Insurance Plan.
• Domiciliary Hospitalization: On account of lack of availability of beds at hospital, if the insured person takes treatment at his/her home on doctors advice, then the expenses related to the treatment will be covered.
• Pre & Post hospitalization cover: Niva Bupa Senior Citizen health insurance plan covers the pre as well as post hospitalization expenses of the insured person. With 60 days of pre hospitalization and 180 days of post discharge expenses related to the admittance at hospital is covered. 
• Waiting period for pre-existing diseases: In the Senior Citizen plan, the insured person with specified pre-existing diseases will have to wait for a period of 2 year. Post completion of the waiting period, they can apply for claims under the Senior Citizen Plan.

Co-payment in Niva Bupa Senior Citizen Health Insurance Plan

Co-payment clause: There is always a co-payment clause that comes in every senior citizen plan. Co-payment means that the cost is shared by the insurer and the insurance company. Under the Niva Bupa Senior Citizen health insurance plan, the insurer can choose the proportion of co-payment they would agree to contribute along with the insurance company. The insured can choose the co-payment as 40%/30%/20% and the premium charged may vary accordingly. 

Say for example; Mr. Patel, aged 66 years has a Niva Bupa Senior Citizen health insurance plan. He agrees for a cost sharing of 30% under the co-payment clause. So, if on admittance at hospital his final bill amount comes to around Rs. 5 lakhs. Due to co-payment clause, Mr. Patel will have to pay 30% of Rs. 5 lakhs i.e. Rs. 1.5 lakhs from his pocket.

Eligibility Criteria in Niva Bupa Senior Citizen Health Insurance Plan

In order to avail the Niva Bupa Senior Citizen Health Insurance Plans, there are a few criteria that need to be looked upon. These criteria have a key role when it comes to purchasing a Senior Citizen Health Insurance plan.

Categories	Eligibility
Minimum entry age	61 years
Maximum age for entry	75 years
Person’s covered	Individual and family floater (2 adults)
Co-payment category	Depending on the cost sharing option chosen

 

Exclusion in Niva Bupa Senior Citizen Health Insurance Plan

Niva Bupa Health Insurance plans for senior citizens come with certain exclusions. In case if the insured person is hospitalized and applies for the below mentioned criterias, the claim would not be considered for approval. The exclusions are:

• Sleep disorders
• OPD treatment
• Dental treatment
• Treatment for alcoholism or drug abuse
• Unproven treatments
• External congenital anomaly
• Artificial life maintenance

Reading through the Niva Bupa Senior Citizen Health Insurance review, we hope you will be able to make an informed decision. In case you need a better understanding of the plan, you can visit MyInsuranceClub.com, our trained experts will guide you through all the details.