Waiting Period In Health Insurance

Different conditions and coverage have different waiting periods and have different rules for the same.

Waiting period in health insurance. Generally waiting periods vary from two to six months for items such as general dental optical and physiotherapy and up to 12 months or more for major items such as orthodontics or hearing aids. General treatment waiting periods. Some insurance companies offer this as an add on cover while some make it a part of their basic health policy. There is a 90 days waiting period for infants or new born babies.

Initial waiting period most of the health insurance companies come with an initial waiting period of 30 days to 90 days on purchase of a new policy. The waiting period in health insurance refers to the time period that needs to be passed before you can start availing of the benefits. It s important for you to be familiar with the waiting period concept in order to be better informed while picking your health insurance plan. Under this waiting period diseases contracted between the policy inception date and the last day of the waiting period are not paid for.

The waiting periods for general treatment ancillary or extras cover are set by individual health insurers. There are a few insurance companies that offer maternity benefits but with a waiting period ranging from 9 months to 36 months. As a standard in the industry all health insurance policies today at least have a waiting period of up to one month. The concept of waiting period in a health insurance policy is defined as the period of time specified which must pass before some or all of your health care coverage can begin hence this is the period during which claim is not admitted.

General health insurance waiting period is one month for every policy except for accidental cases.