There is no dearth of Health insurance companies in India, each of them offering a multitude of plans, making the choosing process a daunting and confusing one. An ideal health insurance plan must offer coverage against expensive medical treatments, hospitalization costs, pre-and-post-hospitalization costs, etc. Before proceeding you must clearly understand the inclusions, the exclusions, the claim settlement procedure, features, terms, and other relevant aspects. For your ease of selection, we have carefully crafted a list of the best health insurance companies in India, applicable in 2022.
List of best health insurance in India:
Here are some of the most popular health insurance plans available in India.
- Aditya Birla Activ Health Platinum Enhanced Plan
A popular plan in the individual health plan category
- Sum insured: INR 2 lakh – INR 2 crore
- No. of network hospitals: Over 10000
- Age limit: 91 days onwards
Features of Aditya Birla Activ Health Platinum Enhanced Plan:
- Covers pre-and-post-hospitalization costs of 60 days and 180 days respectively
- Offers opportunity of earning up to 100% premium as special “health return” awards, which can be utilized for plan renewal
- Covers chronic ailments like asthma, diabetes, and hypertension from the first day
- Covers for free yearly health check-ups from the first day
- The opportunity of availing of a discount of 7.5% discount for a two-year plan and a 10% discount for a three-year plan
- Covers for medicine, consultation, and diagnosis and offers easy access to wellness coaching facilities and services
- You can avail of the day-care coverage up to the insured amount
- The opportunity of reloading the entire amount of sum insured during any unrelated ailment in a single policy year
- You can enjoy coverage of obesity treatments, medical ailments, and home treatments up to the insured amount
- OPD coverage of INR 1000 is available for an insured amount of INR 5 lakh and above
- Provision for enhancing coverage by opting for critical illness plans or personal accident plan
Pros of buying Aditya Birla Activ Health Platinum Enhanced Plan:
- Unlimited room rent
- Wide sum insured coverage available
- Discounts on opting for long-term plans
- Unlimited age limit
- Over 1.97 lakh claim settlement
Points to keep in mind while buying Aditya Birla Activ Health Platinum Enhanced Plan:
- Long waiting period: initial waiting period of 30 days; for pre-existing ailments, the waiting period is 36 months and for certain specific procedures, it is 24 months.
- ICICI Lombard- Complete Health Insurance Policy
This is a popular plan in the comprehensive health plan for self and family category
- Sum insured: INR lakh to INR 50 lakh
- Network hospitals: Over 6500
- Age limit: From 91 days to 18 years
Features of ICICI Lombard- Complete Health Insurance Policy:
- Covers for pre-existing ailments from the third year of the start of the plan of at least INR 3 lakh and above
- Covers costs of long-term hospitalization and recovery after discharge through hospital daily cash benefit and convalescence
- Offers special befit rider, providing additional OPD coverage, and other needs on a cashless basis like pharmacy bills, doctor’s consultation fees, routine diagnostics, minor procedures, wellness therapies, etc.
- No pre-medical check-up or co-payment for policyholders of up to 45 years
- For family floater plans, you can avail of two complimentary health check-up coupons yearly
- Covers for AYUSH costs and ay-care treatments
- Provisions for add-ons like donor expenses, critical illness, and daily cash
- Free look period of 15 days
- Available in health shield plus, health shield, health elite plus, and health elite plans, each differing from the other in terms of coverage, add-ons, and benefits.
Pros of buying ICICI Lombard- Complete Health Insurance Policy:
- Covers for hospitalization during Covid-19
- Free look period facility of 15 days
- Zero co-payment requirement
- Includes Benefit rider
Points to keep in mind while buying ICICI Lombard- Complete Health Insurance Policy:
- Pre-existing ailment coverage, donor costs, pre-policy medical check-up cover, and several others are available at extra cost
- Star Health’s Senior Citizens Red Carpet Health Policy
This is a popular plan in the health insurance for senior citizens category.
- Sum insured: INR 1 lakh to INR 25 lakh
- Network hospitals: Over 12000
- Age limit: From 60 years to 75 years
Features of Star Health’s Senior Citizens Red Carpet Health Policy:
- Sum insured coverage is available till INR 25 lakhs on an individual basis and INR 10 lakh to INR 25 lakh for the floater plan
- A pre-policy medical check-up is not needed
- Wide coverage of sum insured of up to INR 25 lakh
- Covers all day-care procedures
- Quarterly or half-yearly premium payment options
- From the second year of the plan, pre-existing ailments are covered
- Co-payment of 30% is applicable on every claim
- Offers wide coverage for surgeries and day-care procedures, contemporary advanced treatment processes like robotic surgeries, deep brain stimulation, bronchial thermoplasty, intra-vitreal injections, etc.
- Depending on the sum insured choice, allows coverage for cataract surgeries to a certain limit
- 5% discount available on online purchase of the plan
Pros of buying Star Health’s Senior Citizens Red Carpet Health Policy:
- No pre-medical screening needed
- Several discount options
- Lifetime renewability facility
Points to keep in mind while buying Star Health’s Senior Citizens Red Carpet Health Policy:
- Pre-existing ailments are only covered from the second year
- Any ailment diagnosed before the initial month of plan purchase is not covered
Conclusion
The above discussion highlights the availability of some of the best health insurance in India, keeping the requirements of 2022 in mind. We have given you some plans, but you need to choose plans according to your requirements.
FAQs
- Why should I buy health insurance?
Buying a health plan will ensure that you do not lose your life’s savings to manage a single medical contingency.
- Am I allowed to buy more than one health plan?
Yes, depending on your requirements you can buy more than one plan, informing your insurer about your existing plan.
