Does health insurance cover hair transplantation or not, but it may cover some medications. The reason for not coverage is that this type of surgery is very costly. This makes it difficult to receive. Many people believe this to be a myth or misconception. People have the misconception that hair transplants are covered by health insurance. There is not anything like hair loss insurance. Alopecia is not covered by any health insurer or organization. Any expenses or treatment expenses paid for hair treatment are the responsibility of the individual.
Any type of hair loss is not covered by health insurance. Hair loss can occur for a variety of reasons. The grafting method is the most effective for hair loss. The following are some of the causes of hair loss:
- Nutritional deficiency
- The use of hair cosmetics
- Medication for an extended period of time
- Haircare that is insufficient
- Hair loss caused by genetics
- Inadequate hair shampooing or brushing.
Is Insurance Coverage for Hair Loss Treatment Available?
When a chemical termed dihydrotestosterone (DHT) strikes hair follicles, it is one of most common causes of androgenetic alopecia. According to a 2013 review published in the British Journal of the Egyptian Society of Women’s Dermatology, it affects roughly half of the male population by the age of 50 and up to 90% during their lifetime. Approximately half of all women will experience androgenetic alopecia at some point in their lives.
Whatever the reason, protection will never contain hair restoration. Insurance usually covers the treatment of the underlying conditions that affect hair loss, not just the hair loss on its own. If you have PCOS, for example, your insurance policy will cover exam papers and test results to treat the disease. Therapies of the root issue may affect hair regrowth depending on the diagnosis. If not, you will also have to pay for it yourself. He is not covered by insurance for treatment if he has androgenic alopecia.
There is one noteworthy exception. Finasteride is a medication used to treat an enlarged spleen. It has also been shown to treat androgenic alopecia baldness by blocking DHT’s effects. Finasteride may be covered if you have an increased risk of complications known as male infertility (BPH) and hair loss.
Does Health Insurance Cover Hair Loss Treatment?
The treatment of hair loss is one of the questions that prospective customers and policyholders have about their health insurance coverage. Unfortunately, alopecia, also known as hair loss, is NOT covered.
In Health Insurance, Is Hair Loss Treatment Covered?
The following are some of the reasons why hair loss treatment is not covered by health insurance.
1. The nature of insurance coverage is objective.
Health insurance is provided to cover medical expenses incurred as a result of illness or injury. Although hair loss can occur as a result of an illness, injury, or treatment, it is more often caused by a variety of other factors. True, uncontrolled hair loss can lead to baldness or other undesirable conditions that affect physical appearance and social image, but because this condition is nonlife-threatening, it is not considered critical from a healthcare standpoint.
2. Treatment is primarily cosmetic in nature.
As previously stated, hair loss can be caused by a variety of factors. Medication can help with a few of these underlying causes. Only in cases where hair transplants are required is surgery required. However, because the surgery is cosmetic in nature, it is not covered. Many cosmetic treatments are now being covered by major health insurance providers all over the world. However, hair transplantation is still prohibited.
3. The Prevalence of Alopecia
According to some studies, more than half of all males and 40% of all females will experience some form of hair loss by the age of 50. Every year, approximately 8,00,000 people seek treatment for hair loss, according to reports. Because the at risk population is large, health care companies may face a large bill for claim settlement. Perhaps it makes more sense to reserve such a large sum of money for critical care needs instead.
What Is the Price of Hair Loss Treatment?
The management and treatment options for hair loss are quite diverse. Some of them are as follows:
- Medications available without a prescription
- Prescription medications
- Alternative health care
- Surgical techniques
While medications may be inexpensive, surgical procedures such as hair transplantation can be costly at times. They can cost more than Rs. 2-3 lakh in some cases. Fortunately, clinics and financial institutions are now offering treatment packages with deferred payment options as part of their efforts to make such treatments more accessible and affordable. Because the hair transplant procedure is costly, companies such as HDFC offer their customers the option of Easy EMI. In Easy EMI, the cost of the procedure, if large, can be paid in installments.