Can I get health insurance for my child?
A common question our clients, and many new parents, often ask is whether they can obtain health insurance for their child and when they can do so. In this article, we will break down everything parents need to know about this topic.
Is health insurance necessary?
Health insurance is one of the most important steps a parent can take to secure their child’s health and well-being. Children often fall ill as part of the natural process of developing a robust and fully functioning immune system. However, at times, we witness unfortunate incidents of illness in children, which can be a severe crisis not only for the child but for the entire family.
The uncertainty surrounding medical expenses in such cases can cause a significant crisis within the family. Health insurance can offer immediate relief from such concerns, providing a sense of security and peace of mind, as it eliminates the concerns of costs by covering medical costs arising from unforeseen circumstances, such as a sudden illness or injury.
At what age can health insurance cover a child?
Health insurance should be the first act of care any parent takes for the newest member of the family. At Cosmos Insurance, recognizing this need, we created CyprusCHOICE, a Health Insurance plan that allows a newborn to get insured from the first day of life.
This can be done in two ways. The first option is for the parents to add the newborn as a dependent on their own CyprusCHOICE policy. This process involves contacting our customer service and providing the necessary details. The second option is to take out a separate insurance policy specifically for the child. This can be done by an adult (mother, or father,) who will be the policyholder, filling out a separate application for the child’s policy.
Do the parents also need to be insured?
First of all, for a parent to provide proper care for their child, they must first take care of themselves. Therefore, when it comes to Health Insurance, we recommend that parents get insured first.
However, with CyprusCHOICE, the parents don’t need to be insured to take out a health insurance policy for the newborn.
Are congenital conditions covered?
This is a crucial aspect of any Health Insurance policy, especially when it comes to newborns.
In the case of CyprusCHOICE, congenital conditions in newborns are covered under the mother’s insurance policy, provided she has purchased the plan that includes ‘Newborn Care’ coverage, and at least twelve (12) months have passed since the policy was issued. Another condition is that the medical issue must manifest within the first thirty (30) days after birth. In this case, the newborn must then be added as a dependent under the mother’s policy, and coverage for the congenital condition is provided up to €50,000 or €100,000, depending on the plan selected.
What does a health insurance policy usually cover?
CyprusCHOICE is a flexible plan designed to provide the flexibility each person needs, empowering you to create insurance coverage that suits your own needs and budget.
The basic insurance program of CyprusCHOICE covers, among other things, room and board parents’ accommodation, surgery, medications, dressings/bandages & internal devices, operation expenses, surgeons’ and anesthesiologists’ fees, diagnostic tests, and rehabilitation costs, MRI/CT-scan/Pet Scan, full cover for cancer treatment, out-patient surgeries and treatment received in Emergency Unit.
Optionally, outpatient coverage can be added, along with a range of optional benefits for Vision and Dental care as well as Maternity benefits
Finally, CyprusCHOICE offers a wide range of annual coverage limits as well as the possibility to choose your desired geographical area of coverage. This can be done by selecting the appropriate option during the policy application process.
The advantages of choosing health insurance
Private health insurance offers multiple benefits. Initially, it covers everything from fundamental health issues that may arise in a child to the most challenging cases a child may face. This comprehensive coverage ensures the financial and emotional security of the entire family, giving you confidence in your child’s health care.
Health insurance ensures immediate access to medical care, eliminating the need to wait for public hospital appointments. The ability of choosing your doctor and hospital beyond Cyprusprovides further flexibility and confidence in the quality and delivery of care for the child.
Why choose health insurance for your child from COSMOS Insurance
With CyprusCHOICE, you can access the best medical facilities in the world, with the option of direct payment on your behalf.
It is also important that, in the case where the client pays for their treatment, submitting a claim for reimbursement is easy and immediate. Upon issuing your policy, you will have access to the online customer portal and the smart mobile phone application (mobile app), through which you can submit your claim. In this way, we manage to reduce bureaucracy and the time required for reimbursement to the minimum.
Additionally, through the online customer portal, the insured has 24/7 access, wherever they are, to information regarding their policy, its coverages, and a detailed statement of their claims.
Learn more about CyprusCHOICE on our website or by contacting us or our representatives throughout Cyprus.
