With the rising costs of medical treatments, bearing hospitalisation and other medical expenses can be challenging during an emergency. It can also affect your savings plan for the future. An ideal solution is to get a suitable health insurance plan. If you are not sure which plan to go for, here’s a list of the 10 best health insurance in India.
Compare the features and benefits before you purchase health insurance for yourself and your family. Read on!
Plans | Features |
Navi Health Insurance | Cashless network hospitals: 10,000+ Claim settlement ratio: 97% Processing time: 20 minutes |
Aditya Birla Activ Assure Diamond Plan | Cashless network hospitals: 9000+ Claim settlement ratio: 94% Processing time: 2 hours |
Bajaj Allianz Health Guard | Cashless network hospitals: 6500+ Claim settlement ratio: 98% Processing time: 1 hour |
Care Health Care Plan | Cashless network hospitals: 16,500+ Claim settlement ratio: 95.2% Processing time: 2 hours |
Bharti AXA Smart Super Health Plan | Cashless network hospitals: 4500+ Claim settlement ratio: 92.37% Processing time: NA |
Digit Health Plan | Cashless network hospitals: 6400+ Claim settlement ratio: 63.56% Processing time: NA |
ManipalCigna ProHealth Insurance | Cashless network hospitals: 6500+ Claim settlement ratio: 91% Processing time: 1 hour 30 minutes |
Kotak Mahindra Health Premier | Cashless network hospitals: 5000+ Claim settlement ratio: 98% Processing time: NA |
Edelweiss Health Plan | Cashless network hospitals: 3200+ Claim settlement ratio: 85.57% Processing time: NA |
Niva Bupa Health Companion Individual Plan | Cashless network hospitals: 7600+ Claim settlement ratio: 90% Processing time: 30 minutes |
** Terms & Conditions Apply
The eligibility criteria for health insurance policies depend on their terms and conditions and the particular insurance provider. The following are some standard eligibility criteria for medical insurance policies:
Age | 18 to 65 years for adults and 90 days to 25 years for dependent children |
Pre-Medical Screening | Required for individuals above 45, 55 and 60 years |
Pre-Existing Disease Waiting Period | 2 to 4 years |
You will need the following documents mandatorily while applying for insurance plans in India:
The calculation of the premiums for your health insurance plan manually can get hectic. There are online calculators which you can take advantage of for calculation. You will need the following inputs for calculation:
You can raise claims for health insurance policies through any of the two modes- reimbursement and cashless. Given below are the procedures for raising claims in case of emergency and planned hospitalisation:
Emergency Hospitalisation
Planned Hospitalisation
Navi Health Insurance policy comes with a range of benefits like a simple claims process and an affordable premium. Download the Navi App on Android or iOS and get comprehensive coverage for you and your family.
There are two types of claim settlement processes in Health Insurance:
Cashless claims can be made in either of the two situations- planned and emergency or unplanned.
Reimbursement claims are made when the policyholder doesn’t go to one of the enrolled hospitals and has to pay the medical expenses on their own.
The following process in followed to claim a reimbursement:
While applying for a health insurance plan, one should keep in mind the following factors which will affect the premiums of the plan:
Add-ons are facilities provided by the health insurance companies but are not generally included in the standard plan. The policyholder can add them to their plan by adding a little extra on premiums which covers certain expenses and also increases the sum insured. Following are few of the best optional add-ons one should include in their plan for better medical coverage and emergencies:
The unpredictable attack of Covid-19 worldwide has taught everyone how important it is to have medical insurance and everyone is at risk. If you still don’t have health insurance, you should consider the following factors to know why.
Navi Health Insurance policy comes with a range of benefits like a simple claims process and an affordable premium. Download the Navi App and get comprehensive coverage for you and your family.
With the ongoing medical inflation, you might want to consider an insurance cover that curtails your financial burden during times of emergencies. In this regard, you may want to look for the best health insurance policies due to their attractive features and benefits.
Ans: The factors that affect health insurance premiums are:
• Medical history
• Age and gender
• Policy term
• Pre-existing medical conditions
• Marital status
• Whether previously insured or not
Ans: Yes, you can buy multiple health insurance policies in India. For instance, if you have a corporate health insurance plan, you can get an individual or family floater health insurance plan.
Ans: You will need to furnish basic KYC documents for proof of your identity, residential address and age etc. Apart from these, you do not need to furnish other documents while purchasing health insurance.
Ans: Yes, you can add family members like your spouse, dependent children, parents and in-laws. You can add them at the time of purchase or when purchasing an insurance policy.
Ans: Yes, your existing health insurance policy can provide COVID-19 coverage benefits. Besides these, two special standard policies have been introduced by IRDAI to provide exclusive coverage for COVID-19 treatment. These are- Corona Kavach policy and Corona Rakshak policy.
Ans: There are many options available in the market when it comes to health insurance policy. One should primarily consider the following things while opting for a policy:
• Coverage amount
• Available add-ons
• Network of hospitals
• Co-insurance feature
• Pre and post hospitalisation coverage
Ans: Restoration is provided by an insurance company when the sum gets wholly exhausted due to treatment of some certain illness. The insurance company restores the whole insured amount in such circumstances.
How about an affordable health insurance policy 👨⚕️ starting at a monthly premium of just ₹235? Install the Navi app now and get your policy in under 2 minutes.
Disclaimer: This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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