A health insurance policy serves a multifaceted purpose, encompassing coverage for hospital bills, diagnostic tests, scans, and pre-and post-hospitalization expenses, while also providing vital additional protection for both you and your entire family during unforeseen and challenging times. Given the multitude of options available in today’s market, selecting the right health insurance plan can indeed be a formidable task. Below are the best health insurance plans in India that have earned their rightful place on their esteemed list.
1) Aditya Birla Activ Health + Multiply Fit Combo
One of the best health insurance plans in India is Aditya Birla Activ Health + Multiply Fit Combo claims the top spot on our list of the best health insurance policies in India for several compelling reasons. Its standout feature lies in its meticulously crafted and comprehensive design, offering a unique four-in-one health insurance package.
Key Features –
Plan Variations:
- Activ Health Platinum Enhanced (Sum insured ranges from INR 2 lakh to INR 2 crore)
- Activ Health Platinum Premiere (Sum insured ranges from INR 10 lakh to INR 2 crore)
Comprehensive Coverage:
- Covers hospitalization costs, modern treatment expenses, and chronic diseases from day one of the policy.
- Covers 60 days of pre-hospitalization and 180 days of post-hospitalization costs.
- Day care procedures are covered up to the sum insured amount.
No Claim Bonus:
- Benefit of double the sum insured amount in two years if no claims are made.
Extended Coverage:
Covers medical illness, obesity treatment, and home treatments up to the sum insured amount.
Health Rewards:
- Earn 100% health rewards for maintaining fitness and good health, which can be used for policy renewal.
Health Services:
- Enjoy annual health check-ups, on-call counselling, and access to dietitian advice from the inception of the policy.
Fitness Rewards:
- Earn additional reward points by accessing live workouts and gym sessions through their app.
Cashback and Discounts:
- Avail cashback and discount offers of up to 25% on various lifestyle, travel, and entertainment partners, including Amazon, PVR, Uber, and Zomato.
2) STAR Health’s Senior Citizens Red Carpet Health Policy
The Star Health Red Carpet plan is designed to cater to the unique requirements of individuals aged 60 years and older. This policy provides coverage beyond the typical maximum age limit of 65 years, unlike many other health insurance plans.
It offers flexible policy durations of one, two, and three years, catering to the preferences of individuals and families alike. This policy stands out by not requiring mandatory pre-medical screenings before purchase, making it more accessible and convenient for senior citizens.
It is indeed one of the best health insurance plans in India.
Key Features –
Sum Insured Options:
- Coverage is available up to INR 25 lakh for individual plans and INR 10 lakh to INR 25 lakh for floater plans.
No Pre-Insurance Medical Test:
- No mandatory pre-insurance medical test is required.
Wide Sum Insured Coverage:
- Offers a broad spectrum of sum insured options, with coverage extending up to INR 25 lakh.
Comprehensive Day Care Coverage:
- Comprehensive coverage includes all daycare procedures.
Flexible-Premium Payment:
- Premiums offer payment flexibility, with options for quarterly or half-yearly payments.
Pre-Existing Illness Coverage:
- Pre-existing illnesses are covered starting from the second year of the policy.
Co-Pay Requirement:
- A co-pay of 30% is applicable to all claims.
Extensive Coverage:
- The policy provides extensive coverage, encompassing a wide array of daycare procedures, surgeries, and modern treatments such as deep brain stimulation, robotic surgeries, intra-vitreal injections, bronchial thermoplasty, and more, all available at network hospitals.
Cataract Surgery Coverage:
- Cataract surgery is covered, subject to certain limits based on the chosen sum insured options.
Online Purchase Discount:
- A 5% discount is offered for purchasing the plan online.
3) HDFC ERGO My: Health Women Suraksha
One of the best health insurance plans in India HDFC ERGO My: Health Women Suraksha.
This policy is a comprehensive plan designed for women, with a primary focus on critical illness coverage. It provides extensive protection against minor ailments, major illnesses, surgeries, and critical health conditions that are particularly relevant to women’s well-being. Our selection for inclusion in our list is based on its substantial coverage, which can extend up to INR 24 lakh, and its incorporation of exclusive benefits tailored for female policyholders.
Key Features –
Comprehensive Cancer Coverage:
- The plan covers all major cancers, including breast, cervix, uterus, fallopian tubes, ovary, and vulva.
Coverage for Critical Ailments:
- It provides coverage for nearly 40 critical ailments.
Comprehensive Illness Coverage:
- Covers both major and minor illnesses, offering 100% of the sum insured for treating these diseases.
Additional Benefits:
- Includes coverage for loss of job, pregnancy-related expenses, and complications related to newborns.
Surgical Procedure Coverage:
- Covers the expenses for various surgical procedures.
Second Health Opinion Benefit:
- Offers up to INR 10,000 for a second health opinion, allowing insured individuals to seek additional medical advice if dissatisfied with the initial diagnosis.
Loss of Job Benefit:
- In the event of job loss, the insured is entitled to receive 50% of their monthly salary for a period of six months.
Discounts:
- Policyholders can avail of a 5% discount for purchasing the policy online, a 7.5% discount for a two-year policy, and a 12.5% discount for a three-year policy.
4) Care Youth Health Insurance plan
This policy is ideally suited and specifically crafted for younger policyholders. It provides comprehensive coverage with flexible sum insured options, exclusive discounts, a no co-pay clause, and modern benefits, including unlimited e-consultations and user-friendly access to a health portal, among other valuable advantages. It is indeed one of the best health insurance plans in India.
Key Features –
Renewal Discounts:
- Policyholders can enjoy a 10% discount on renewals and a 5% discount for purchasing the policy online.
OPD Coverage:
- The policy covers outpatient department (OPD) costs, including doctor consultations and ophthalmic consultations.
Optional Maternity Coverage:
- Optional coverage is available for maternity and newborn-related expenses.
Health Portal Benefits:
- Access to the health portal provides features like chatting with doctors and a digital locker for health records.
AYUSH Treatment Coverage:
It covers treatments related to AYUSH (Ayurveda, Yoga, Unani, Siddha, and Homeopathy).
No Claim Bonus (NCB):
- Policyholders can avail of a no-claim bonus for every claim-free year, with a maximum limit of 200% of the sum insured.
Annual Health Check-Up:
- The policy includes an annual health check-up once a policy year.
In-Patient Hospitalization:
- Coverage for in-patient hospitalization and modern treatment costs is provided based on the sum insured amount.
Pre-Hospitalization and Post-Discharge Coverage:
It includes coverage for 60 days before hospitalization and 90 days after discharge.
5) Niva Bupa Health Pulse Policy
The Niva Bupa Health Pulse Policy is an affordable health insurance option with coverage ranging from INR 3 lakh to INR 25 lakh. It offers two variants, Classic and Enhanced, providing benefits like pre-and-post hospitalization expenses, ambulance charges, mental disorder treatment, daycare surgeries, and more. Plus, it includes unlimited virtual sessions with listed doctors, making it a valuable choice for policyholders. It stands as one of the top health insurance plans in India.
Key Features –
Cashless Hospitalization:
- The policy includes cashless coverage for hospitalization costs.
Pre and Post-Hospitalization:
- It covers treatment expenses for 30 days before hospitalization and 60 days after discharge.
Ambulance Coverage:
The classic plan covers ambulance expenses up to INR 1,500, while the enhanced plan covers up to INR 2,000.
No Claim Bonus (NCB):
The policy adds 10% to the expiring sum insured in a policy year, with a maximum accumulation of up to 100% in a claim-free year.
Modern Treatment Coverage:
- The policy covers modern treatments up to the sum insured with a sub-limit of INR 1 lakh on certain robotic surgeries.
Mental Disorders Coverage:
- It covers expenses related to mental disorders treatment up to the sum insured amount with sub-limits on specific disorders.
Personal Accident Cover:
- Policyholders can avail of a personal accident cover equal to five times the base sum insured, with a maximum limit of up to INR 50 lakh.
Critical Illness Cover:
- A critical illness cover is available, equal to the base sum insured, with a maximum limit of up to INR 10 lakh.
Telephonic or Online Consultation:
It includes unlimited telephonic or online consultations with healthcare professionals.
Hospital Cash:
- Policyholders can avail hospital cash up to the maximum limit of INR 2,000 per day.
Conclusion
The best health insurance plans in India offer a wide range of coverage options that are carefully designed to cater to the unique healthcare needs of individuals and families. These policies strike a balance between being affordable and providing comprehensive benefits, including coverage for hospitalization, critical illnesses, and advanced medical treatments.
The insurance plans prioritize policyholder convenience with cashless hospitalization, telehealth consultations, and appealing no-claim bonuses. They also cover maternity, pre-existing conditions, and offer global benefits, ensuring individuals and families receive top-notch medical care and financial security. These insurance plans are essential investments for a healthier, more secure future.