Are you searching the internet for the best health insurance policies in India? If yes, then you have come to the right place, as you can get your answers here. Given the current scenario, health insurance is one of the most critical aspects of your financial planning. While you may feel that the company’s (that you work for) health insurance is enough to tide you over when there is a health scare, with the volatile job scenario, having personal health insurance coverage is always a good idea. That gives you peace of mind as well as financial security during medical emergencies. There are many health insurance plans in India, but which is the best among them? Here is a list of the Top 10 Best Health Insurance Plans In India For 2024.
Take A Look At This List Of India’s Top Health Insurance Plans
India has many health insurance providers, so it is a challenge to know the best and most reliable. To sort out that problem, here is a list of the ten best health insurance for individuals living in India based on factors like co-pay, room rent, pre and post-hospitalization, restore benefits, and more. These policies also offer floater options to cover the families too.
1. Star Health Comprehensive Policy Plan
Star Health Comprehensive Policy Plan
Star Health and Allied Insurance Company is an Indian company that was started in 2006 and is headquartered in Chennai. The company offers many insurance products and specially created health plans and is one of India’s 10 best health insurance companies. They have many popular health plans, including the Star Health Comprehensive Policy Plan. It is a policy that offers complete protection against all health problems for an individual or the entire family on a floater basis. As the name comprehensive indicates, they even cover dental issues subject to specific conditions. It can also cover pre-existing diseases after a waiting period of one year. So, it is a great policy to have as it covers almost all health complications that could arise and is one of the best health insurance in India for families. Some of the important features are:
Co-Payment
There is no co-pay for those who buy this policy before the age of 60. However, a 10% co-pay is applicable if brought after 60 years.
Pre-acceptance Medical Screening
No medical tests are needed.
Daycare Procedures
All daycare procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
There is a room rent limit for a single room.
Hospital Coverage
Covers more than 13,000 hospitals.
Automatic Restore Benefits
If there is a total and partial claim made during the year, then the sum assured gets restored automatically without any additional cost.
No Claim Bonus
A 50% No Claim Bonus is applicable on 100% of the sum assured.
Maternity Benefits
Available after two years of policy existence.
Pre and Post Hospitalization
60 and 90 days of pre- and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc., are covered until Rs 15,000 is covered.
Dental/Eye Coverage
It depends on the sum assured and is covered every three years after continuous policy renewal.
Official Website
https://www.starhealth.in/health-insurance/comprehensive/
2. HDFC ERGO Optima Secure
HDFC ERGO Optima Secure
HDFC ERGO Optima Secura is among India’s top health insurance plans from HDFC Ergo, a joint venture of ERGO International and HDFC. It was established in 2002 and is spread across many Indian cities. They provide a comprehensive range of health insurance products, and Optima Secure is one such product with many benefits. It is a policy that comes with the great feature of increasing your insurance over four times at no extra cost and providing two times as much coverage after the first day of policy commencement. The other important feature is the Plus Benefit, where you get a 100% increase in coverage after two years, irrespective of claims, making it one of the top health insurance plans in India right now. The other features of this policy are as follows:
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
Medical test amounts are decided depending on individual or floater policies.
Daycare Procedures
All Daycare procedures covered
Midterm Inclusion
No
Room Rent Limit
No capping
Hospital Coverage
Covers more than 12,000 hospitals
Automatic Restore Benefits
If a total or partial claim is made during the year, the sum assured gets restored automatically without incurring additional cost.
No Claim Bonus
A 50% No Claim Bonus is applicable on 100% of the sum assured.
Maternity Benefits
No maternity benefits or delivery expenses are to be borne by the insured.
Pre and Post Hospitalisation
60 and 180 days of pre- and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like naturopathy, ayurveda, homoeopathy, etc., are covered.
Pre-existing Diseases
Waiting period of 3 years. There is no waiver of the waiting period for any disease.
Website
https://www.hdfcergo.com/health-insurance/optima-secure
3. TATA AIG Medicare
TATA AIG Medicare
TATA AIG Medicare is a health insurance policy from TATA AIG General Insurance Company, which is an Indian company founded in 2001. It is a joint venture between American International Group (AIG) and Tata Group. The company offers a range of insurance products, which include health, home, travel, and more. It is a type of policy that covers hospitalisation expenses due to illness, injury, or accidents and protects your family’s health. The policy has many benefits, features, and add-ons that reduce the financial stress of a medical emergency and protect you and your family’s health, making it one of the top 10 health insurance plans in India for families this year.
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
It depends on the sum assured. For instance, for a 10 L cover, up to 1% of the sum assured or up to Rs 10,000 for a block of 2 years is available.
Daycare Procedures
Covers up to 541 daycare treatments.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 10,000 hospitals
Automatic Restore Benefits
If a claim is total or partial and made during the year, then the sum assured gets restored automatically without any additional cost.
No Claim Bonus
A 50% No Claim Bonus is applicable on 100% of the sum assured.
Maternity Benefits
No maternity benefits or delivery expenses are to be borne by the insured.
Pre and Post-Hospitalization
60 and 90 days of pre and post-hospitalization coverage.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
Waiting period of 2 years.
Website
https://www.tataaig.com/health-insurance/medicare
4. ICICI Lombard Health Shield
ICICI Lombard Health Shield
ICICI Lombard, established in 2001, is one of the leading Indian general insurance companies. It is a joint venture of Fairfax Financial Holdings Limited and ICICI Bank. It has many branches across the nation and is highly customer-centric, making it a popular choice on the list of the ten best health insurance companies in India for 2024. The ICICI Lombard Health Shield is a comprehensive health insurance policy that caters to all your health needs. It provides complete coverage for a variety of hospital and related expenses, including consumable items, consultations, and other day-to-day expenses. Plus, you can also increase your sum assured automatically to adjust to inflation. Here are some of its main features.
Co-Payment
There is no co-pay and the entire bill is covered by the insurer.
Preventive Health Checks
Floater policies get 2 coupons per year, and an individual policy gets a coupon for health checks at designated centres.
Daycare Procedures
All procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 12,000 hospitals.
Automatic Restore Benefits
If a claim is total or partial and made during the year, then the sum assured gets restored automatically without any additional cost.
No Claim Bonus
A 50% No Claim Bonus is applicable on 100% of the sum assured.
Maternity Benefits
No maternity benefits and delivery expenses are to be borne by the insured.
Pre and Post-Hospitalization
60 and 90 days of pre and post-hospitalization coverage.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
Waiting period of 3 years for some diseases and 1 year for a few diseases.
Website
https://www.icicidirect.com/insurance-online/health-shield-360
5. Care Supreme
Care Supreme
Care Supreme is a health insurance policy from Care Health Insurance Company which was previously known as Religare Insurance Company. Established in 2012, it is a premier health insurance company in India that offers many healthcare plans, including senior citizen health plans, maternity insurance, and more, along with Care Supreme. It is among the best comprehensive health insurance policies in India this year and has many distinct features, like the 600% accumulation of the No Claim Bonus. Plus, it offers the feature of home treatment coverage, which is present in very few policies. The other features of this policy are as follows:
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
Floater policies get 2 coupons per year and an individual policy gets a coupon for health checks at designated centres.
Daycare Procedures
All procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 12,000 hospitals.
Automatic Restore Benefits
If there is a total and partial claim made during the year, then the sum assured gets restored without any additional cost automatically for unlimited times.
No Claim Bonus
Up to 100% and can go to a maximum of 600% of the sum assured, which does not reduce even if there is a claim.
Maternity Benefits
No maternity benefits or delivery expenses are to be borne by the insured.
Pre and Post-Hospitalization
60 and 120 days of pre- and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
A waiting period of 4 years for some diseases can be waived by paying an extra premium.
Website
https://www.careinsurance.com/product/care-supreme
6. Niva Bupa Reassure 2.0
Niva Bupa Reassure 2.0
This is a health insurance plan from Niva Bupa Health Insurance Company. Established in 2008, it is one of India’s leading health insurance companies. It is a joint venture between Bupa, an international healthcare group, and Fettle Tone LLP. The company is known for its customised healthcare plans to address the needs of its customers. One such is Reassure 2.0, which is a comprehensive and robust health plan with many unique features and benefits, including the lock-the-clock feature where the entry age at the time of policy buying is locked, and you pay a premium according to that age until your first claim. Also, the unused sum insured can be carried to the next year for a maximum of five times the base. It is one of the best cashless health insurance policies in India, with coverage that includes hospitalisation as well as non-medical items. Here are the other features of Niva Bupa Reassure 2.0.
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
It covers preventive tests along with diagnostic medical tests.
Daycare Procedures
All procedures are covered
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 12,000 hospitals.
Automatic Restore Benefits
If there is a total and partial claim made during the year, then the sum assured gets restored without any additional cost automatically for unlimited times.
No Claim Bonus
100% annual bonus if no claim is made the previous year.
Maternity Benefits
No maternity benefits or delivery expenses are to be borne by the insured.
Pre and Post-Hospitalization
60 and 180 days of pre- and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
A waiting period of 3 years for some diseases can be waived by paying an extra premium.
Website
https://www.nivabupa.com/family-health-insurance-plans/reassurev2-insurance.html
7. Aditya Birla Activ Fit
Aditya Birla Activ Fit
It is a health insurance policy from Adtya Birla Health Insurance Company, which was founded in 2007. It is a joint venture between MMI Holding Limited and Aditya Birla Group and has a varied list of health insurance products. The Aditya Birla Activ Fit is a health plan designed for families and individuals seeking comprehensive coverage with a high sum assured. It covers hospitalisation expenses and also related expenses like medical tests, consultations, medicines, etc. The plan also has optional cancer coverage and good restoration benefits and is among India’s best health insurance plans for cancer patients. The other benefits of Aditya Birla Activ Fit are as follows:
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
Available once during the policy year.
Daycare Procedures
All procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 10,000 hospitals.
Automatic Restore Benefits
If there is a claim and you use your sum insured, then you can refill it unlimited times.
No Claim Bonus
Get a 10% bonus on the sum insured per year up to 100% of the sum insured if you don’t claim during the policy year.
Maternity Benefits
Maternity benefits are available only if the preferred option of the policy is chosen.
Pre and Post-Hospitalization
90 and 180 days of pre and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
A Waiting period of 3 years for some diseases can be waived by paying an extra premium.
Website
https://www.adityabirlacapital.com/healthinsurance/buy-insurance-online/#!/activ-fit-pre-quote
8. Acko Platinum Health Insurance
Acko Platinum Health Insurance
Acko Health Insurance is a health insurance company that was established in 2016 but has emerged as a leading private sector company in a short period of time. Intending to make health insurance products more convenient and hassle-free, they use a digital platform for seamless integration of processes and acquire millions of customers in India. The Acko Platinum Health Insurance Plan is a unique policy where there is a waiver for a waiting period for preexisting diseases, making it a top choice for health insurance in India for pre-existing diseases. It provides affordable premiums while offering many benefits and features. It is a comprehensive healthcare plan that covers various hospitalisations and non-medical expenses for you and your family.
Co-Payment
There is no co-pay, and the entire bill is covered by the insurer.
Preventive Health Checks
An annual health check is available once during the policy year.
Daycare Procedures
All procedures are covered
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
No capping.
Hospital Coverage
Covers more than 7,000 hospitals.
Automatic Restore Benefits
If there is a claim and you have used your sum insured, then you can refill unlimited times.
No Claim Bonus
If the policy is active or renewed, an additional sum insured in the next policy year will be provided, which will be a fixed percentage of the base sum insured.
Maternity Benefits
No cover.
Pre and Post-Hospitalization
60 and 120 days of pre- and post-hospitalization are covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
There is no waiting period.
Website
https://www.acko.com/health-insurance/family-health-insurance-plan/
9. Bajaj Allianz Health Guard
Bajaj Allianz Health Guard
It is a comprehensive health plan offered by Bajaj Allianz General Insurance Company, which was founded in 2001. It is a collaboration between Allianz SE and Bajaj Finserv Limited. The company has over 27 health products, and the Health Guard Family Floater is one of their latest products. It is a complete health insurance policy that covers various healthcare expenses, medical treatment, etc., that arise due to hospitalisation for serious illnesses or injuries. There are three variants to choose from, and it has many benefits and features to offer to ensure reduced financial stress in medical emergencies. It is among the top 10 best health insurance plans in India. The benefits of the plan are as follows:
Co-Payment
Up to 20% co-pay.
Preventive Health Checks
Available after a block of 3 years and up to a maximum of Rs 2000 for each family member.
Daycare Procedures
All procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
Up to 1% of the sum insured.
Hospital Coverage
Covers more than 6,500 hospitals.
Automatic Restore Benefits
If there is a claim and you have used your sum insured, then you can refill unlimited times.
No Claim Bonus
If the policy is active or renewed and there is no claim, then there is a bonus of up to 100% of the sum insured.
Maternity Benefits
No cover.
Pre and Post-Hospitalization
60 and 90 days of pre and post-hospitalization coverage.
AYUSH Treatment
Not available.
Pre-existing Diseases
A waiting period of 3 years.
Website
https://www.bajajfinserv.in/insurance/bajaj-allianz-health-guard-insurance-plan
10. SBI General Health Edge
SBI General Health Edge
SBI General Health Insurance Company was established in 2009. It is a collaboration between the State Bank of India and the Insurance Australia Group. The company has many branches across India and is a trusted health insurance company with many health insurance products. Their SBI General Health Edge is a comprehensive plan that protects you and your family from unexpected medical expenses, which can be a huge burden. It covers the medical expenses of inpatients and OPD as well as offers global treatment coverage. It is among the best health insurance for young adults in India, as it covers maternity and childcare benefits, too. The other features of this health plan are
Co-Payment
10% to 20% of the co-payment.
Preventive Health Checks
Up to Rs 5,000 per family member is offered.
Daycare Procedures
All procedures are covered.
Midterm Inclusion
A newly married spouse or newborn can be added by paying an additional premium.
Room Rent Limit
Capping is based on the sum insured.
Hospital Coverage
Covers more than 6,000 hospitals.
No Claim Bonus
When there are no claims, the base sum insured can be increased by 50% up to a maximum of 200%.
Maternity Benefits
Covers maternity expenses.
Pre and Post-Hospitalization
60 and 90 days of pre and post-hospitalization covered.
AYUSH Treatment
Alternative treatments like Naturopathy, Ayurveda, Homoeopathy, etc.
Pre-existing Diseases
A waiting period of 2 years
Website
https://www.sbigeneral.in/health-insurance/health-edge-insurance
Safeguard Yourself With India’s Best Health Insurance Policies
Which health insurance scheme is the best in India? The above list answers that. Choosing the best health insurance plan for you and your family is a critical decision, as it safeguards your well-being as well as financial security. The top 10 health plans mentioned above offer comprehensive coverage, affordable premiums, and many features and benefits. Choose and compare the best health insurance plans in India from the above list, carefully assess your health requirements, and understand the terms and conditions before choosing a plan.
Happy Insurance Shopping!
Frequently Asked Questions About Health Insurance Schemes In India
1. Which health insurance scheme is best in India?
Some of India’s best health insurance plans are SBI General Health Edge, HDFC Ergo Optima Secure, Aditya Birla Activ Fit, and more.
2. What are India’s ten best health insurance plans right now?
Star Health Comprehensive Policy, HDFC Ergo Optima Secure, Tata AIG Medicare, ICICI Lombard Health Shied, Care Supreme, SBI General Health Edge, Aditya Birla Activ Fit, Bajaj Allianz Health Guard, Acko Platinum Health Insurance, Niva Bupa Reassure 2.0 are the ten best health insurance plans in India currently.
3. Which is the best health insurance in India for a family?
Care Supreme, Aditya Birla Activ Fit, and Niva Bupa Reassure 2.0 are among the best health insurance in India for a family.
4. What is the recommended health insurance policy in India for pre-existing diseases?
Star Health Comprehensive, Acko Platinum Health Insurance, and HDFC Ergo Optima Secure are India’s recommended health insurance policies for pre-existing diseases.