Buying health insurance does not mean immediate coverage. Every policy has waiting periods — specific time frames during which certain conditions are not covered.
Initial Waiting Period — 30 Days
For the first 30 days after buying a health policy, no illness-related claims are covered. Accidents are typically exempt. This waiting period does not apply at renewal — only at inception of a new policy.
Pre-Existing Disease Waiting Period — 36 Months
Any condition that existed before the policy start is excluded for the first 36 months of continuous coverage. After 36 months of unbroken coverage, pre-existing conditions become covered. Some insurers offer a PED waiting period modification add-on that reduces this to 12 or 24 months.
Specific Disease Waiting Period — 24 Months
Approximately 15-20 conditions carry a 24-month waiting period regardless of history: cataracts, hernia, joint replacement, kidney stones, hydrocele, varicose veins, osteoarthritis, fibroids. Claims for these within first 24 months will be rejected even without prior history.
Three Strategies
1. Port with continuity: your previous coverage period counts toward all waiting periods at the new insurer. 2. Buy waiting period modification add-ons that reduce PED waiting from 36 to 12-24 months. 3. Start early: the earlier you buy health insurance, the earlier your waiting periods end.
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