Is it a sin to get older by the time? Certainly yes if an elderly person having a health Insurance policy made run pillar to post to get the claim settled.
There are many loopholes in health insurance industry across the world where many companies ignore the needs of elderly person. There are number of issues which needs to be look at and various NGOs have formed groups to resolve issues such as entry age restriction for the aged, rejection of renewals premium, imposition of insensitive/ambiguous conditions without rationalization, sharp hike in renewal premium rates, postponement in claims, slow and unfriendly service, etc.
Medical expenses for senior citizens are inevitable. Since claims are oblivious to happen due to higher age, health insurance companies worldwide do not want senior people as clients.
Should Health Insurance companies modify insurance terms and conditions so that elder people get medical insurance policy and claim settlement without any problem? Definitely they should
Terms and conditions should be modified in such a way that the health insurance company should not overcharge the policy holder at any stage ie; either at the beginning or policy renewals.
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