Having health insurance is a good way of managing one's healthcare expenses. However, many times, one may discover what their insurance does or doesn't cover only at the time of availing it, which is often too late. Usually, many treatments and related medical costs for new medical procedures, diagnostic costs or elective treatments like slimming and cosmetic surgeries are not covered under health insurance policies. To help customers pay for such medical expenses without putting a strain on their savings, Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv offers Digital Health EMI Network Card.

Available through a fully online application process, this health card helps customers convert medical bills into No Cost EMIs over a flexible tenor ranging up to 24 months. Customers can avail of this hassle-free financing option in just 5 minutes. What's more, this digital-only card allows customers to avail 800+ treatments through Bajaj Finserv's 5,500+ lifecare partners spread across 1,000+ cities. The Digital Health EMI Network Card is a family card and so, anyone in the family, including blood relations like parents, spouse, children, and siblings, can use it to convert healthcare and pharmacy bills into EMIs.

Here are the treatments not covered by health insurance but available on No Cost EMIs via the Digital Health EMI Network Card.

Diagnostic treatments :

Prior to treating a disease, healthcare institutions run several tests to arrive at a diagnosis. These include CT scans, MRI scans, blood tests, thyroid function tests and so on. While being part of regular healthcare procedures, these diagnostic tests generally fall out of the ambit of a general health insurance policy, unless the patient is hospitalised.

However, with diagnostic centres being a part of the Bajaj Finserv's lifecare partner network, customers can use their health card to undergo tests and pay the expenses through affordable EMIs. What's more, the digital card offers access to limited-period discounts, which can be accessed through the Bajaj Finserv Wallet App, such as a discount of up to 20% on in-house diagnostic tests carried out at Metropolis Labs (offer is valid post-lockdown).

Plastic and cosmetic surgery :

Cosmetic and plastic surgeries are often omitted from general health insurance plans as they are considered elective and classified as non-life-threatening. This contrasts with the case when an insurance recognises the procedure as reconstructive or medically necessary. So, patients must be prepared to bear the cost of treatments like rhinoplasty and liposuction out of their pocket.

However, Digital Health EMI Network Card holders get a pre-approved credit limit of up to Rs. 4 lakh. This amount suffices to pay for even expensive treatments available at speciality clinics or multi-speciality hospitals such as Manipal Hospitals and Apollo Hospitals.

Pre-existing conditions and pregnancy-related treatments :

Pre-existing diseases like high blood pressure and diabetes, though common, are often excluded from health insurance plans. At times, coverage is offered after a lengthy waiting period. To address this, Bajaj Finserv offers flexible repayment plans that allow customers to divide medical bills into EMIs spaced out over 3 to 24 months.

Likewise, to pay for pregnancy-related costs, such as a C-section and post-delivery expenses one could be using personal finances. To get coverage for these from an insurance, an additional rider or a customised maternity plan is required. With the Digital Health EMI Network Card customers can avail such treatments for the mother and the child as the card is a single solution to meet one's family expenses too. This way, it can be used to finance treatment for the whole family rather than simply the cardholder.

Eye and dental treatments :

Most often, dental and eye treatments do not require hospitalisation. Hence, they tend to be excluded from health insurance policies. However, Bajaj Finserv's partner healthcare centres offer dental care and ophthalmology treatments on No Cost EMIs, allowing customers to avail the best treatments at an affordable cost.

With the Digital Health EMI Network Card aiding a health insurance plan, customers can get healthcare affordably even if the condition is excluded from their existing health insurance. Customers can check their pre-approved EMI offer to get access to instant EMI financing.