Finding the top 10 best Health Insurance plans in India from so many different health insurance companies can be confusing for many people. When choosing the best health insurance policy, you should consider various factors, including coverage, health insurance rider, network hospitals, benefits, etc.
It is important to state that purchasing a health insurance policy is essential as it helps you cover rising health costs and assures you and your family a healthy future without worrying about medical bills and hospitalization expenses. When it comes to purchasing a health insurance policy, you may be confused as to which of the many plans need to be purchased.
10 Best Health Insurance Plans in India
If you believe that health insurance only covers medical expenses in case of any hospitalization issue, then you are mistaken. Along with providing monetary support during hospitalization, the health insurance policies that are considered best in India also come with several benefits.
Here is the list of the top 10 best health insurance plans in India.
- National Parivar Mediclaim Plus
- Bharti AXA Smart Health Insurance Plan
- Bajaj Allianz Health Guard Health Insurance Plan
- Reliance Critical Illness Insurance
- SBI Arogya Premier Policy
- Deen Dayal Swasthya Seva Yojana
- Oriental Individual Mediclaim Health Insurance Plan
- Max Bupa Health Companion Individual Plan
- IFFCO Tokio Health Protector Plus Policy
- Aditya Birla Activ Assure Diamond Health Insurance Plan
‘Brief Description of Top Health Insurance Plans In India’
To select the best health insurance plan in India, we have considered the following parameters such as Premium paid vs. coverage provided, No bonus claim provided, Co-payment clause, Treating critical illness and covering diseases, Waiting period for pre-existing conditions, Network of hospitals providing cashless settlement, Waiting period for specific circumstances, etc.
1. National Parivar Mediclaim Plus
It is a popular health plan by the National Health Insurance Company with a high insurance amount of up to Rs 50 lakh which has many attractive coverage benefits and features that are best suited for you. You can include your entire family on a floater basis including self, children, spouse, parents, and parents-in-law.
Features & Benefits
- The Minimum & maximum entry age for adults is 18 to 65 years
- The Minimum & maximum entry age for children is 3 months to 18 years
- Option to choose 1, 2, and 3 years of the policy term
- Cashless hospitalization has been arranged
- Tax benefit on premium paid
- Comprehensive cover at an affordable premium
- Lifetime policy
- Pre-existing illness gets coverage after the waiting period completion
- Both individual and family floater plans are available
Exclusion
- Pre-existing sicknesses until the waiting period is over
- Complications associated with pregnancy
- Treatment for genetic disorders
- Obesity treatment
- Treatment for STD
- Hormone replacement therapy treatment
- Cosmetic treatment
- Psychiatric disorders
- Hospitalization needed for an unproven treatment
2. Bajaj Allianz Health Guard Health Insurance Plan
The Bajaj Allianz Health Guard Plan is a comprehensive health insurance policy that protects the insured against any major health care medical expenses that may pose a financial burden. It is a comprehensive scheme that is available to individuals as well as families. The best thing is that this medical insurance plan provides medical coverage during pregnancy as well as to the newborn.
Features and Benefits
- In-Patient Hospitalization
- Cervicalization coverage before hospitalization
- Post-hospitalization expenses
- Covers Road Ambulance
- Day-care procedures
- Organ Donor Cover
- Convict benefit
- Daily Cash Benefit
- Ayurvedic / Homeopathic Treatment
- Maternity expenses
- Newborn cove (including hospitalization and vaccination costs for a maximum period of 90 days from the birth of a newborn).
- Bariatric Surgery Cover
- Free Preventive Health Checkup
Exclusion
- Dental treatment
- In-Patient Care
- War
- Treatment received outside India
- Cosmetic Surgery
- Outdoor equipment & External use
- Intentional self-injury
- HIV
- Infertility
- Obesity
3. Bharti AXA Smart Health Insurance Plan
This health insurance scheme provided by Bharti AXA Health Insurance Company provides coverage against all medical expenses and emergency hospitalization. The insurer has been awarded the Customer Service Excellence Award in 2019. Apart from this, certain special benefits have been given under this scheme including tax savings, no-claim bonus, and renewal exemption in the form of free health check-ups. Take a quick look at the plan details below:
Features & Benefits
- Anyone between 91 days to 65 years can purchase the policy
- In the family floater plan, coverage is provided to you, your spouse, and 2 dependent children who are between the age group of 90 days to 23 years.
- Even the assured limit is 3/4/5 lakh rupees
- 5% to 25% no-claim renewal discount
- Health benefits provided for critical illness or dread diseases
- Coverage for critical illnesses
- Day-care treatment is compensated up to the sum of the sum insured
- 30-40 days pre-hospitalization cover and 60 days post hospitalization cover is provided
- Domicile Hospitalization covers up to 10% of the Sum Insured
- Ayush treatment cover
Exclusion
- Any serious disease is diagnosed in the starting 30 days (benefit plan) and 60 days from the establishment (reimbursement plan).
- Cesarean delivery, a pregnancy-causing or detectable complication, including miscarriage in the first 12 weeks of pregnancy. It is not an enforced or ectopic pregnancy.
- Specific diseases that can’t be insured before 1 year
- Dental surgery costs until it need hospitalization
- Claims made for any pre-existing diseases before the completion of the 48-month waiting period
- Hormonal treatment
- Birth control measures
4. Reliance Critical Illness Insurance
The Reliance Critical Health Insurance policy covers life-threatening illnesses and critical illnesses. The insurer pays for health care expenses and medical treatment incurred on specified critical illnesses that might otherwise create havoc with one’s bank balance.
Features & Benefits
- Anyone aged over 18 can purchase it
- In case you are under the age of 45, you do not need pre-medical screening
- Easy online payment is possible with debit/credit card, UPI, NEFT, etc.
- Diseases such as organ transplantation, cancer, multiple sclerosis, third-degree burns, heart valve repair or replacement, coma, aortic graft surgery, indigo disease, and total blindness.
Exclusion
- Intentional Injuries like Suicide Attempts
- Treatment for diseases like AIDS / HIV
- Health ailments because of the consumption of alcohol and drugs
- Congenital diseases
- Any injury/illness as a consequence of criminal activity
- Dental treatment
- Beauty and Cosmetic treatments
- Treatment for mental disorders
5. SBI Arogya Premier Policy
The SBI Arogya Premier Policy is a comprehensive health plan from SBI Health Insurance that covers hospitalization expenses up to 60 days and post-hospitalization expenses up to 90 days. The best thing is that after completing 9 months of the waiting period in this policy, the air embassies charge and maternity expenses up to 1 lakh rupees have also been included.
Features & Benefits
- Covers up to 142 days of daycare
- Above 55 do not need any medical test
- Both family floater and individual plans are available
- Unani cover homeopathy, Ayurveda, Siddha, and alternative treatments
- After four consecutive claim-free years, a health check-up reimbursement of up to INR 5000 is offered
- In case your insurance amount falls because of the claim, then 100% of the sum assured will be reinstated.
- Domicile hospitalization costs
- Organ donor costs are covered
- Integral costs incurred on oxygen, anesthesia, operation theater, medicines, surgical instruments, dialysis, chemotherapy, pacemaker costs, radiotherapy, and so many more.
- Diagnostic and Physiotherapy Procedures
- Medical consultation fees, room fees, nursing expenses, and dressing fees
Exclusion
- HIV/AIDS and other STD
- Self-inflicted injuries
- Mental disorders
- Conditions of depression
- Health issues due to alcohol consumption and drug overdose
6. Deen Dayal Swasthya Seva Yojana
This is health insurance by the Goa state administration for people who reside there for five years or more. Under this policy, the authority of the public gives a shield of INR 2.5 lakh for the group of three individuals as well as protection of INR 4 lakh for a family of more than one individual in Goa.
Features & Benefits
- Top of the line Diagnostics simply on the suggestion of Govt. Doctors or Hospitals just as at a fixed rate and found by the Goa Medical College
- Medicine for enduring infections like Hypertension, Diabetes, and so on
- Drug for destroying issues like Cerebral Palsy, Epilepsy, as well as Multiple Sclerosis
- Sum shan’t surpass INR15000/- annually
- Mental Health or Ayurveda hospitalization ( in light of AYUSH/NIMHANS) prompt just as limited only to Govt Institutions or Hospitals
- Drugs for a constant way of life sicknesses like Hypertension, Diabetes. The sum will not surpass INR15000/- annually.
- Medicine for crippling issues like Cerebral Palsy, Epilepsy, as well as Multiple Sclerosis
- Emotional well-being/Ayurveda hospitalization ( in view of NIMHANS/AYUSH) prompt and limited uniquely to Govt Hospitals or Institutions.
- Very good quality Diagnostics just on the reference of Govt. Medical clinics/Doctors as well as at rates found and fixed by the Goa Medical College.
Exclusion
- Government workers will not have the option to get inclusion under the plan
- Any cycle not contained in the rundown of the 447 techniques will not get inclusion under Deen Dayal Swasthya Seva Yojana.
7. Oriental Individual Mediclaim Health Insurance Plan
It is one of the most popular medical insurance policies offered by Oriental Health Insurance. This can be achieved by individuals in the age group of 18 to 65 years. The best thing is that it offers a discount on the family floater cover.
Features & Benefits
- The maximum entry age is 70 years
- Assured amount from INR 1 lakh to INR 10 lakh
- 10% family discount is also provided
- Medical tests are not required till the age of 55 years.
- General hospitalization costs such as ICU charges, surgeon fees, OT charges, room charges, X-rays, dialysis, diagnostic tests, lab tests, chemotherapy, etc. are included.
Exclusion
- Injuries because of involvement in dangerous activities
- Suicide attempt
- Disease caused by drug and alcohol overdose
8. Liberty Health Connect Supra Top-Up
The Connect Supra top-up health plan serves as a Stepney offered by Liberty Insurance if the sum insured of your existing health plan expires. The sum insured goes up to Rs 20 lakh in the top-up plan and in the super top-up plan; It increases to 1 crore rupees.
Features & Benefits
- This plan covers pre & post-hospitalization costs.
- In-patient treatment costs like ICU, room rent, etc. are also included in this.
- 405 day-care procedures are covered
- Some of the add-ons include Assured, Ayush Treatment, Overseas Coverage, and Reloads of Wellness and Assistance Program.
Exclusion
- 2 years waiting period is applicable to specific diseases like hernia, an internal tumor, cataract, etc.
- Pre-existing diseases are not covered until the completion of 36 months of the policy term
- The 30-day waiting period after the commencement of the policy
9. IFFCO Tokyo Health Protector Plus Policy
The IFFCO Tokyo Health Protector Plan provides coverage against the expense of hospitalization to individuals and families in case of any high-cost treatment required for any disease or injury. There is an option to choose a deductible amount, which you pay through your existing health insurance plan, or pay on your own. This policy also provides additional coverage in addition to the reduced amount. Health-Guard Plus health insurance plan helps you meet the excessive medical costs in a very convenient way.
Features and Benefits
- Option to choose from a one-year plan or a top-up or super top-up plan
- Anyone between the age of 18-65 years can buy the plan
- Costs acquired on the tonics and vitamins purchase as a part of your hospitalization treatment
- Even if you do not have an Aadhaar health insurance plan, you can buy this policy
Exclusion
- Treatment for HIV / AIDS infection
- Any treatment expenses incurred in the first 30 days from the date of the policy establishment
- Hospitalized for genetic disorders
- Any hospitalization required for cosmetic or plastic surgery
- Treatment for mental disorder and anxiety or depression
10. HDFC Ergo Meri: Swasthya Suraksha Rajat Smart Health Insurance Plan
The HDFC Ergo General Insurance has designed this My: Health Suraksha Silver plan for individuals, senior citizens, and families who are seeking health insurance cover between Rs 3 lakh and Rs 5 lakh. The details of the scheme are given below:
Features & Benefits
- This plan also includes cashless home healthcare treatment cover.
- Under this scheme, hospitalization expenses, Ayush hospitalization, daycare treatment, and mental health care expenses are paid by the insurer.
- A free check-up will be offered each year on each renewal.
- It provides for the prosperity of the Sum Insured in the event of the existing amount expiring.
- There is no age restriction under this health insurance scheme.
Exclusion
- Adventure sports injuries
- This scheme does not cover self-inflicted injuries.
- Accidents related to participation in defense operations
- Cosmetic and Obesity treatments
- Sexual diseases and STDs
Conclusion
So, these are the top 10 best health insurance policies in India that you should consider before buying medical insurance. Generally, the best medical insurance companies offer different policies with different terms and conditions.
It is advisable to choose a medical insurance plan that is the most suitable family for you and your family if buying for family).
Therefore, do not wait for any misfortune to occur. Compare health insurance plans, choose the most suitable plan from a reputable health insurance company and stay insured!
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