Health Insurance: What is a health insurance plan?

Health insurance is a type of insurance plan in which the insured gets financial assistance in medical emergencies.

Provides financial assistance to cover expenses such as surgical expenses, nursing care expenses, critical illness expenses, etc., in the chosen health insurance of the insured.

• The insurer provides all savings as per the IRDAI-approved insurance plan. Standard T&C Apply

• *Tax benefit is subject to changes in tax laws. Standard T&C Apply

What is health insurance plan?

In a health insurance plan, the insured gets financial help in case of medical emergencies under the insurance coverage purchased from the insurance company of his choice. This insurance company provides coverage to the insured during medical treatment. Under a health insurance plan, the insured benefits from cashless medical or reimbursement payments.

Also Read: Top Maternity Insurance Plans

Importance of health insurance plans

The situation of doing or getting the treatment done does not come by telling. Due to the fatal risks involved in today’s lifestyle, having a health insurance plan has become imperative. Besides, diseases in India are also high due to many factors. Due to the increasing demand for hospitals and medical services, inflation is also being seen in the cost of medical treatment; And this scene is mostly seen in private hospitals. Without any insurance plan, your pocket can be affected in case of any medical emergency.

Best health insurance plans in India

Insurance company	Health insurance plan	Sum Assured (in Rs.)	claimed ratio	Network Hospital
Aditya Birla Health Insurance	Active Assure Diamond Plan	Minimum: 2 Lakh Max: 2 cr	59%	6000+
Bajaj Allianz Health Insurance	Health guard plan	Minimum: 1.5 Lakh Max: 50 Lakh	85%	6500+
Bharti AXA Health Insurance	Smart Health Assure Plan	Minimum: 3 Lakh Max: 5 Lakh	89%	4300+
Care Health Insurance (formerly Religor Health Insurance)	Care Health Care Plan	Minimum: 4 Lakh Max: 6 cr	55%	7400+
Chola MS Health Insurance	Chola Healthline Plan	Minimum: 2 Lakh Max: 25 Lakh	35%	6500+
Digit Health Insurance	Digit Health Insurance Plan	Minimum: 2 Lakh Max: 25L	11%	5900+
Edelweiss Health Insurance	Edelweiss Health Insurance Plan	Minimum: 5 Lakh Max: 1 Crore	115%	2578+
Future Generali Health Insurance	Future Generali Criticare Plan	Minimum: 5 Lakh Max: 50 Lakh	73%	5000+
IFFCO Tokyo Health Insurance	Health Protector Plus Plan	Minimum: 2 Lakh Max: 25 Lakh	102%	5000+
Kotak Mahindra Health Insurance	Kotak Health Premier Plan		47%	4800+
Liberty Health Insurance	Health Connect Supra Top-up Plan	Max: 1 Crore	82%	3000+
Niva Bupa Health Insurance (formerly known as Max Bupa Health Insurance)	Companion Individual Health Plan	Minimum: 3 Lakh Max: 1 Crore	54%	4115+
ManipalCigna Health Insurance	Prohealth plan	Minimum: 2.5 Lakh Max: 1 Crore	62%	6500+
National Health Insurance	National Parivar Mediclaim Plus	up to 50 lakhs	107.64%	6000+
New India Assurance Health Insurance	New India Assurance Senior Citizen Medi Claim Policy	Minimum: 1 Lakh Max: 15 Lakh	103.74%	3000+
Oriental Health Insurance	Individual Mediclaim Health Plan	Minimum: 1 Lakh Max: 10 Lakh	108.80%	4300+
Raheja QBE Health Insurance	Health QBE	Minimum: 1 Lakh Max: 50 Lakh	33%	2000+
Royal Sundaram Health Insurance	Lifeline Supreme Plan	Minimum: 5 Lakh Max: 50 Lakh	61%	5000+
Reliance Health Insurance	critical illness insurance	Minimum: 5 Lakh Max: 10 Lakh	14%	4000+
Star Health Insurance	Family Health Optima Insurance Plan	Minimum: 1 Lakh Max: 25 Lakh	63%	9800+
SBI Health Insurance	Arogya Premier Policy	Minimum: 10 Lakh Max: 30 Lakh	52%	6000+
Tata AIG Health Insurance	Tata AIG Medicare Plan	Minimum: 2 Lakh Max: 10 Lakh	78%	3000+
United India Health Insurance	United India UNI Criticare Health Plan	Minimum: 1 Lakh Max: 10 Lakh	110.95%	7000+
Universal Sompo Health Insurance	Individual Health Plan	Max: 10 Lakh	92%	5000+

Disclaimer: *PolicyBazaar does not endorse, rate or recommend any particular insurance product offered by any insurer.

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