Mental Health: Gaining The Much-needed Importance

The power of the human mind is truly unparalleled. A storehouse of people, memories, experiences, and learnings, it truly has the power to mould our personalities. And hence even a small hindrance or disturbance can sometimes cause your mind to feel unwell. Till very recently, an “unwell” mind was not recognized but today mental health has become a point of discussion across various forums. 

What is Mental Health?

Psychological, emotional, and social well-being are the key components of mental health. A healthy mind allows you to be rational in how you think, feel and act. It allows you to handle difficult situations with resilience, be able to understand others’ emotions and relate with them and make sure that any stress you face is easy to think through and take care of.

Taking The Mental Health Discussion Further 

Mental illnesses or disorders are not new to us. However, earlier these were never discussed openly and very simply categorized as “madness” or “mental disability”. 

Today we openly talk and discuss issues like depression, suicidal thoughts, and loneliness, and so keeping up with the times, IRDAI has now made it mandatory for insurers to cover mental health in health insurance plans

Let’s have a look at what kind of illnesses will be covered under mental health insurance 

According to the Mental Health Act 2017, for insurance,” mental illness” means the disorder of thinking, mood, perception, orientation, or memory that grossly impacts one’s ability to recognize reality or meet our day-to-day activities normally. 

Mental health insurance covers in-patient hospitalisation charges. The other benefits included are the same as any other health insurance plan like cashless treatment, pre & post-hospitalisation treatment charges, medication charges, diagnostic charges, doctors’ expenses, road ambulance costs, room rent charges and more.

The mental illnesses covered under the health insurance plan are: 

  • Bipolar disorder
  • Acute Depression
  • Anxiety disorders
  • Schizophrenia
  • Mood disorder
  • Psychotic disorder
  • Post-Traumatic Stress Disorder
  • Obsessive Compulsive Disorders
  • Attention deficit/hyperactivity disorder

The Exclusions Under Any Mental Health Insurance Plans:  

The Mental Health Act, of 2017, does not cover the following: 

  • Mental retardation or the inability to think normally
  • History of recurring mental illnesses 
  • Treatment charges for self-inflicted injuries or suicide are also not insured 
  • Disorders related to the intoxication of drugs and alcohol are not covered.

Mental health insurance is a boon for people who are dealing with such sensitive issues every day of their life, this plan will help them to cope with these issues by financially supporting them. The only drawback is that mental health insurance can’t be sold as a standalone insurance; it needs to be purchased along with a comprehensive plan. 

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