Health insurance is one of the most complex insurance products, as it offers many benefits and comes with various riders. With a wide range of health insurance plans available in the market, it often becomes confusing for insurance buyers to zero in on the most beneficial plan according to their requirements.
To help our buyers, choose the most beneficial plan, further in this article, we have elaborately discussed the 10 best health insurance plans in India that you should go for.
Best Health Insurance Plans in India 2024
With the skyrocketing price of medical treatment in the country, having a health insurance plan has become a necessity more than a choice. However, while purchasing the best health insurance plans it is important to analyze your requirements and make sure to choose the most beneficial plan as per your needs and suitability.
Let’s take a look at the best health insurance plans in India along with their features and benefits.
| Plan Name | Entry Age | Sum Assured | Policy Renewability | Features |
| Star Family Health Optima | Minimum-16 days
Maximum- — |
Rs.2lakh, Rs.3lakh, Rs.4lakh
Rs.5 lakh Rs.10 lakh Rs.15.Lakh |
|
|
| Apollo Munich Optima Restore | Minimum- 91 days
Maximum- 65 years |
Minimum-Rs.3Lakhs
Maximum-Rs.50 Lakh |
Lifelong |
|
| Cigna TTK Prohealth Plus | Minimum-91 days
Maximum- No upper limit |
Rs.4.5 lakh, Rs.5.5 lakh, Rs.7.5Lakh
Rs. 10 Lakh |
Lifelong |
|
| Max Bupa Health Companion Individual | Minimum=90 days
Maximum= Age no bar |
For 1 Variant= Rs. 1lakh, Rs.2 lakh, Rs.3 lakh, Rs.4 lakh, Rs.5 lakh, Rs.10 lakh
For 2 variant= Rs.5lakh, Rs.7 lakh, Rs.10Lakh and Rs.12.5 Lakh |
lifelong |
|
|
Religare NCB Super premium |
Minimum-91 days
Maximum- no age bar |
lifelong |
|
|
| HDFC Ergo Health Suraksha Gold Regain | — | Rs.3lakh, Rs.4 lakh, Rs.5lakh, Rs.7.5lakh and Rs.10. lakh | lifelong |
|
| Aditya Birla Diamond | — | — | — |
|
| Royal Sundaram Lifeline Supreme | For children
Minimum-90 days Maximum- 25 years
For adult Minimum-18 years Maximum- no age limit |
Rs.5 lakh, Rs.10. lakh, Rs.15Lakh, Rs.20Lakh and Rs.50 lakh | lifelong |
|
| Star senior citizen red carpet | Minimum-60 years
Maximum- 75 years |
Rs.7.5lakh-Rs.10lakh | Lifetime |
|
| Universal Sompo Privilege | Minimum- 90 days
Maximum- 55 years |
It’s for Basic Plan-Rs.2 Lakh
For essential plan- Rs.3 Lakh – Rs.5 Lakh For Privilege Plan- Rs.6 Lakh- Rs.10 Lakh |
lifelong |
|
Here are the details of the above best health insurance plans in India.
1. Star Family Health Optima
This plan offers comprehensive insurance coverage on a family floater basis. The plan offers comprehensive coverage for the whole family under a single plan.
Features & Benefits
Some of the features & benefits offered by the Star Family Health Optima plan are:
- A routine health check-up benefit is offered under the plan in case no claim has been filed within the policy year.
- In case the sum assured exhausts, the plan offers a 100% restoration benefit.
- The plan provides assisted reproductive treatment coverage.
- The plan provides coverage for newborn babies from the 16th day onward.
- Tax benefits on the premium paid can be availed.
2. Apollo Munich Optima Restore
Apollo Munich health insurance is the best health insurance plan, this plan offers comprehensive health coverage to the policyholder at an affordable premium rate.
Features & Benefits
The features & benefits offered by the plan are:
- The plan offers long-term coverage for up to 2 years.
- The family floater option of the plan provides coverage for the entire family of the insured.
- The plan offers pre and post-hospitalization cover.
- Tax benefits can be availed under section 80D of the Income Tax Act.
3. Cigna TTK Pro-Health Plus
As one of the best health insurance plans in India, Cigna TTK Pre-Health Plus offers complete value for money. The plan provides comprehensive health coverage to the insured at an affordable premium rate.
Features & Benefits
The features & benefits offered by the policy are:
- The policy comes with the benefit of the enhanced sum insured.
- Provides coverage against hospitalization expenses.
- Tax benefits can be availed under section 80D of the Income Tax Act.
- The plan offers the rider the benefit of critical illness coverage.
4. Max Bupa Health Companion Individual
This is one of the best health insurance plans for individuals and nuclear families. The plan comes with 3 variants and offers comprehensive health coverage to the insured.
Features & Benefits
The features & benefits offered by the plan are:
- The plan offers in-patient hospitalization coverage.
- The plan offers reimbursement of pre and post-hospitalization up to 30 days.
- The tax benefit can be availed under section 80D of the Income Tax Act.
- A Free-look period of 15 days is offered by the policy.
5. Religare NCB Super Premium
As a top health insurance plan in India, this plan offers an enhanced sum insured along with complete insurance coverage.
Features & Benefits:
Some of the features & benefits offered by the policy are:
- The plan offers pre- and post-hospitalization coverage.
- The plan offers the benefit of personal accident coverage.
- The plan offers the benefit of cashless treatment at network hospitals.
- Tax benefits can be availed under section 80D of the Income Tax Act.
6. HDFC Ergo Health Suraksha Gold Regain
This is an inclusive health insurance plan at an affordable premium rate.
Features & Benefits
The features & benefits offered by the plan are:
- The plan offers cashless treatment in more than 6000 plus network hospitals.
- Offers tax benefits under section 80D of the Income Tax Act.
- Provides reimbursement for pre and post-hospitalization cover.
7. Aditya Birla Active Assure Diamond
As one of the best health insurance plans, this plan offers comprehensive coverage at an affordable premium rate.
Features & Benefits
Some features & benefits offered by the plan are:
- Offers the benefit of pre and post-hospitalization.
- The plan offers daily cash benefits.
- Offers tax benefits under section 80D of the Income Tax Act.
- The plan offers cashless treatment at the various network hospitals.
8. Royal Sundaram Lifeline Supreme
As one of the best health insurance plans, this plan offers comprehensive coverage at an affordable premium rate.
Features & Benefits
Some features & benefits offered by the plan are:
- Offers the benefit of pre and post-hospitalization.
- The plan offers daily cash benefits.
- Offers tax benefits under section 80D of the Income Tax Act.
- The plan offers cashless treatment at the various network hospitals.
9. Start Senior Citizen Red Carpet
This plan is specifically designed to provide health coverage to senior citizens. The plan provides comprehensive insurance coverage at an affordable premium rate.
Features & Benefits
The features & benefits offered by the policy are:
- The plan offers pre- and post-hospitalization coverage.
- The plan offers the benefit of lifelong renewal.
- The plan offers the benefit of cashless treatment at network hospitals.
- Tax benefits can be availed under section 80D of the Income Tax Act.
10. Universal Sompo Health Insurance
As one of the best health insurance plans, this plan offers comprehensive health coverage to the policyholder at an affordable premium rate.
Features & Benefits
The features & benefits offered by the plan are:
- The plan comes with 3 variants.
- The plan offers a fast and hassle-free claim process.
- The plan offers pre and post-hospitalization cover.
- Tax benefits can be availed under section 80D of the Income Tax Act.
You May Also Like to Read: Best Health Insurance Companies in India
Benefits of Best Health Insurance Plans
Most people have this misconception that health insurance plans provide coverage only at the time of hospitalization. However, contrary to this, along with the benefit of hospitalization coverage, there are various other benefits offered by the best health insurance plans. Let’s take a look at it:
1. Best health insurance plans offer the benefit of cashless treatment at network hospitals.
2. Some insurance companies offer the benefit of a daily amount for each day of hospitalization.
3. Tax deduction on the premium paid towards the policy can be a claim under section 80D of the Income Tax Act.
4. Provides coverage against critical illnesses.
5. Some of the best health insurance plans in India, offer the benefit of enhanced diagnosis and preventive check-ups.
- Doctors free health consultation.
- Free medical check-ups.
- Nutritionists consultation.
- Provides tie-up with health service.
- Lucrative offers on healthcare services.
How to Choose the Best Health Insurance Plans?
It is very important to choose the right health insurance plan to meet your insurance needs. With an array of health insurance plans available in the market, choosing the best health insurance plan can often be a complicated task. However, with the help of an insurance calculator, one can compare the plans online and zero in on the top health insurance plan. While comparing the plans, insurance buyers should consider various aspects such as features, coverage, incurred claim ratio, benefits, premiums, etc.
Read more: How to Choose the Right Health Insurance Plan for Parents in India
Things to Keep in Mind While Purchasing the Best Health Insurance Plans in India
Having a health insurance plan is the best way to safeguard yourself from unexpected medical expenses. However, while purchasing a health insurance plan certain things should be kept in mind. These are:
- Analyze how much health insurance you need.
- What is the sum assured amount offered by the policy?
- What are the types of illnesses covered under the policy?
- Go for the plan which has broader network hospitals.
- Check the incurred claim ratio of the insurance company.
- Consider purchasing the plan with maximum sum limits.
- Consider purchasing a plan with a minimum waiting period.
Wrapping it Up!
While purchasing an insurance plan, depending on one plan is not enough. Thus, it is important to compare various plans online and choose the most beneficial plan as per one’s requirements and suitability. You can consider purchasing the above-mentioned health insurance plan if you want to secure the financial future of you and your loved ones.
