Health Insurance for Students

Ever considered health insurance? You might be young and healthy, thinking insurance is for older people. But listen closely: students need coverage, too. Illness or injury can strike unexpectedly, and medical bills can accumulate quickly.

Think about someone who broke their leg skiing last year and faced thousands in out-of-pocket costs because they didn't have insurance. Don't repeat that mistake. Protect yourself now so you can focus on studying (and having fun!) instead of worrying about money.

What is Health Insurance for Students?

Health insurance for students, also known as student medical insurance, refers to medical coverage designed specifically for students and their unique needs. As a student, health insurance is crucial because you are prone to sickness from close contact with other students, accidents from an active lifestyle, mental health issues from the stress of student life, and health problems from risky behaviours common among young adults.

Why should you buy Health Insurance for Students?

Here are a few reasons why student insurance plans are so important.

Peace of mind

Studying is stressful enough without worrying about how you will pay for treatment if you get sick or injured. Health insurance gives you the peace of mind that you will be financially secure in a crisis.

Medical emergencies while studying abroad

If you plan to study abroad, travel insurance typically only covers emergency evacuation and repatriation. It won't pay for actual medical expenses at foreign hospitals. Student health insurance fills that gap, covering you for injuries, illnesses, and hospital stays outside your home country.

Unpredictable health concerns

Young people often think they are invincible, but health issues can strike at any age. From mental health conditions to sports injuries to chronic illnesses, health insurance helps ensure you get the care you need without going into debt.

Coverage for checkups and prescriptions

Most student insurance plans also cover routine checkups, vaccinations, dental care, vision exams, and prescriptions. Taking advantage of preventive care and early treatment of health issues is one of the best ways to safeguard your long-term well-being.

What is included and excluded in student health insurance?

Inclusions:

• Hospitalisation expenses: Covers in-patient treatments, room charges, ICU expenses, and associated costs.
• Pre and post-hospitalisation expenses: Coverage for diagnostics, tests, and medications before and after hospitalisation.
• Ambulance charges: Reimbursement for transportation costs to and from the hospital.
• Day-care procedures: Some plans cover procedures that do not require extended hospital stays.
• Critical illness cover: Optional coverage for major illnesses with high treatment costs.

Exclusions:

• Pre-existing conditions: Existing medical conditions may not be fully covered.
• Cosmetic procedures: Elective procedures are generally excluded.
• Self-inflicted injuries: Injuries caused intentionally are usually not covered.
• Specific waiting periods: Some treatments may have waiting periods before coverage applies.

How to claim health insurance for students?

Understanding how to claim student insurance plans is crucial for getting the medical care you need without financial stress. Here's a breakdown of the process:

Understanding your coverage

• Key terms: Know your deductible, copay responsibilities, and policy limits.
• Covered services: Understand what's included (e.g., hospital stays, surgery, diagnostics, dental).

When you need care

• Inform your insurer: Contact them immediately about hospitalisation or major treatment. Get pre-authorisation if required.
• Provide insurance details: Give your policy info to the hospital. They will help determine if your treatment is cashless or reimbursement.

The claims process

• Cashless claims: The hospital bill can bill the insurer directly without involving you in any cash payments.
• Reimbursement claims: Pay upfront, then submit all bills and documentation to the insurer for repayment.
• Track your claim: Monitor the status of your claim through your insurer's website or helpline.

Tips for smooth claim filing

• Stay organised: Keep all medical records, bills, receipts, and communication with your insurer in one place.
• Be proactive: Understand the process beforehand to avoid delays during a stressful situation.
• Network matters: Know your in-network hospitals to maximise benefits.

Why choose Royal Sundaram for health insurance for students?

Your health and well-being should be a top priority as a student. Choosing a comprehensive health insurance plan that meets your needs is important for your peace of mind and financial security. Royal Sundaram’s health insurance plans are designed with students in mind, offering coverage for both domestic and international students at an affordable price.

Comprehensive coverage

Royal Sundaram’s student medical insurance covers hospitalisation, pre- and post-hospitalisation expenses, daycare treatments, and ambulance charges. They also cover the costs of diagnostic tests, medicines, and medical consumables. With generous coverage limits and low premiums, you get the financial protection you need without breaking the bank.

Vast cashless network

Royal Sundaram has a wide network of over 12,000 hospitals across India, where you can avail yourself of cashless hospitalisation. This means your medical bills are directly settled by Royal Sundaram, saving you from paying large sums out of pocket during hospitalisation. Their network includes reputed hospitals in major cities and towns, so quality healthcare is always close.

Simple claims process

Royal Sundaram makes health insurance hassle-free with a quick and easy claims process. You can notify them about claims through multiple channels, such as phone, email, or their mobile app. They have a dedicated student health claims team to efficiently handle your claims and reimbursements. Claim settlements are fast, with most claims processed within 14 days.

Overseas coverage

If you plan to study abroad, Royal Sundaram’s international travel insurance plans also cover hospitalisation and medical expenses in foreign countries. Their overseas coverage includes emergency hospitalisation, emergency evacuation or repatriation, and the costs of diagnostic tests and medicines. With global coverage and assistance, you can pursue your education overseas with greater peace of mind.

24/7 customer support

You may have questions about your health plan benefits and coverage at odd hours as a student. Royal Sundaram offers round-the-clock customer support and guidance through its student health helpline and mobile app. Its dedicated relationship managers and student health advisors are always available to answer your queries and provide any clarifications you need about your health plan.

Conclusion

Health insurance isn't just a financial safety net; it's an investment in your future. It allows you to pursue your education without worrying about healthcare costs. Choose a reputable provider like Royal Sundaram for your student medical insurance and gain the peace of mind you deserve.

Protect yourself, take control of your health, and sign up for a plan. You will get peace of mind knowing you have coverage if needed. And who knows? You may end up needing it someday. Trust me, you will be glad you did.