Ad Code

Top 10 health insurance plans in India - 5 Lac Health Cover @ ₹300/Month. Free Health Check-Up + Bonus on No Claim



Health insurance has become an essential financial protection tool for Indian families against rising medical costs. An optimal health plan provides cashless hospitalization, covers pre and post-hospitalization expenses, offers restoration of base sum insured and includes critical illness rider.

This article comprehensively reviews the 10 best health insurance policies in India on parameters like claim settlement ratio, network hospitals, exclusions and discounts. Suitable recommendations are provided for specific demographic groups like seniors, women and families.

1. Star Health Family Health Optima Insurance Plan : 

Star Health tops claim settlement ratios among private health insurers at over 93%. Family Health Optima offers both individual and floater options to cover hospitalization expenses across India.

Unique Features:

50% automatic restore benefit to reinstate base sum insured upon exhaustion.

Cashless facility at over 10,000 network hospitals

Covers day care procedures.

Loyalty discounts from 2nd year of renewal

Ideal For: Young individuals and families looking for wide hospital network and high claim settlement assurance.

2. Care Health Insurance Plan 

With over 18,000 network hospitals, Care Health offers unmatched cashless access across 1400+ cities including small towns. It has no disease-specific waiting period and lifetime renewability.

Unique Features:

Covers pre and post hospitalization expenses.

OPD coverage for expenses incurred for diagnosed diseases.

Automatic restoration of sum insured if exhausted mid-policy.

Ideal for: Seniors looking for long term renewal security and extensive cashless hospital access.

3. HDFC Ergo Optima Restore Health Insurance Plan 

HDFC Ergo has settled over 92% claims in recent years. Optima Restore offers up to ₹2 crores coverage for individuals, with restoration to reinstate base sum insured and 30 days pre/post hospitalization.

Unique Features:

Cash+ card providing access to over 7000 diagnostic centers.

Lifetime transfer of no claim bonus on policy renewal

Infertility and obesity treatments covered.

Ideal for: Young couples and families given high flexibility to customize coverage as per evolving needs.

4. Max Bupa Health Companion Individual Health Insurance Plan 

Max Bupa settles 87% claims and has among the highest ratings for customer service. Health Companion policy provides cover up to ₹1 crore for hospitalization costs along with donor expenses.

Unique Features:

Coverage for mental illnesses

Outpatient dental and palliative care

Comprehensive preventive health checks

Ideal for: Those who prioritize psychological disorders coverage and dental treatment expenses not commonly offered.

5. Manipal Cigna ProHealth Insurance 

Policy Backed by leading hospitals network, Manipal Cigna provides international coverage too. ProHealth is highly personalized with sum insured extending up to ₹1 crore and loyalty additions.

Unique Features:

International emergency hospitalization coverage

Tele and video doctor consultations

Health risk assessments to sensitize lifestyle diseases.

Ideal for: Young frequent Travellers needing overseas hospitalization protection and those wanting lifestyle disease counselling.

6. SBI General Insurance Arogya Supreme Policy 

SBI General settles 84% claims and offers both individual and family floater options. Arogya Supreme policy sum insured reaches ₹10 crores with OPD expenses of ₹25,000 covered.

Unique Features:

Day 1 coverage for cancer and other conditions

Infertility treatment expenses covered.

Cumulative bonus on each claim free year

Ideal for: Cancer patients requiring first day coverage and people seeking financial protection for infertility treatments.

7. Aditya Birla Health Enhance Insurance Plan 

With extensive network reach and in-house claim processing, Aditya Birla Health provides top-class services. Health Enhance offers up to 100% increase in sum insured through cumulative bonus and loyalty additions.

Unique Features:

Mental healthcare treatments covered.

Cashless claims approval in under 2 hours

Lifetime transfer of cumulative bonus

Ideal for: Individuals prioritizing mental health illness coverage and faster cashless approval times.

8. ICICI Lombard Complete Health Insurance Plan 

ICICI Lombard offers globally benchmarked services like international second opinion. Complete Health plan provides high flexibility in product customization to match individual needs.

Unique Features:

Value-added OPD, diagnostics and AYUSH coverage

Air Ambulance expenses covered.

Higher room-rent and ICU options

Ideal for: Senior citizens demanding higher flexibility, optional coverage benefits, and cashless extensions tailored to their profile.

9. Kotak Mahindra Bank SECURE SHIELD Plan 

Kotak Mahindra offers combined advantage of leading bank and insurance provider. Secure Shield covers wide range of expenses arising from hospitalization, OPDs, and day care procedures.

Unique Features:

Annual free medical check-up post 4 continuous claim-free years

Cumulative bonus of 50% of base sum insured for every claim free year

Infertility treatments covered

Ideal For: Young married couples intending family expansion, expecting multiple rewarding benefits upon renewals.

Conclusion

Evaluating health plans as per changing lifestyle needs and lifecycle stages enables prudent selection. Reliable coverage quality parameters include network reach and claim settlement prowess. Consider customized benefits like OPD or diagnostics critical in optimized insurance. Ultimately the security of cashless approval and renewal stability also define the best health insurance plans suiting unique requirements.


Post a Comment

0 Comments

Close Menu