Health policy for senior citizens should have the following provisions:
The policy should be effective from the day one
Pre-existing diseases to be covered not hiking the premium rate.
Critical illness are to be covered.
The effective entry age permissible is to be from 60-80 years.
Claiming procedure is to be simplified avoiding the TPA
The IRDA should come up with laxed conditions in respect of senior citizens
Govt. of India should make it mandatory for all the insurance agencies to ensure that of the total policies covered in an year atleast 20% should comprise senior citizens as special cases with the concessional rates of premia.