10 min read
Updated on Jan 17, 2023
In life nothing is as important as being healthy. Staying away from illnesses is something unpredictable and not in your hand. However, staying covered under a comprehensive health insurance plan that takes care of all your healthcare needs is something you can ensure. A good health insurance plan secures your health and that of your dear ones. However, it is easy to get confused when searching for one such plan because of the huge competition in the market. Hence, you need to follow a complete guide on parameters to choose a health care policy offering best advantages. In this post we are discussing some of the best plans that you should consider for the new year 2023 and how to choose these plans to avail maximum benefits.
Health insurance plans are not new to anyone. Most of us already know and understand what a health insurance plan is. However, for the novice health insurance is like a mutual agreement between an individual buying a health policy and a health insurance company. As per this agreement, policyholders or individuals who buy insurance plans pay a certain amount as premium to the insurer to avail medical coverage against diseases and injuries under the policy. Most health insurance companies have tie-ups with renowned hospitals across the country where they can receive cashless healthcare treatment as per the terms and conditions of the policy.
There is too much competition in the health insurance sector with wide-ranging companies claiming to offer the best health plans. Hence, it is critical for policy seekers to take a good look at the varied plans available and choose the one that suits them the most. However, the complexity involved in the insurance selection process makes the choice difficult.
In this post, we are trying to make things simple to help policy seekers with meticulous planning of best health insurance plans. Let’s take a look at the different categories of health insurance plans available one by one.
As the name suggests, an individual health insurance plan is meant for a single person/individual. This health plan provides financial security to the insured against the expenses incurred on a range of medical and healthcare treatments including cost of hospitalization. Individual health insurance plans can be bought for individuals of all ages and categories including the head of the family, the elderly or the senior citizens, the spouse of the insured, the children etc.
Below are some best policies to consider for your individual healthcare needs.
|Individual Health Insurance Policy||Health Insurer Offering the Policy||Network Hospitals||Benefits Offered|
|Care Plan||Care Health Insurance||16500+||Organ Donor Cover
Domiciliary Hospitalization cover
|HDFC Optima Restore Plan||HDFC Ergo Health Insurance||13000+||Domiciliary Hospitalization coverage
Pre and Post Hospitalization coverage
Cataract operation coverage
|Niva Bupa Health Reassure||Niva Bupa Health Insurance||7600+||Emergency Ambulance services offered
Accommodation Cash Benefit offered
Day Care Treatment offered
|Aditya Birla Activ Health + Multiply Fit Combo||Aditya Birla Capital||6000+||Comprehensive coverage with focus on fitness, wellness provided
Allow coverage against mental illness, obesity treatment and homecare medical treatment
|Bajaj Allianz Health Infinity Plan||Bajaj Allianz Health Insurance||6500+||No sub-limits allowed on sum assured
Coverage for road ambulance available
In-patient hospitalization available
Pre-and post-hospitalization option is there
Day care procedures available,
Preventive health-check-up available
|Care Advantage||Care Health Insurance||16500+||Organ Donor coverage facility
Auto Recharge facility
Daycare Treatment coverage facility
|ManipalCigna LifeTime Health Plan||ManipalCigna Health Insurance||6500+||Automatic Restoration
Coverage outside India available
Mental Care treatment available
Family health insurance plans are comprehensive policies that cover an entire family under a single coverage. You can pay a single premium amount and get coverage against all the members of a family irrespective of their age. Hence, you are not required to pay separate premiums under these cost effective plans.
Below are some best policies to consider for family healthcare needs.
|Family Floater Health Plans||Health Insurance Companies||Network Hospitals||Coverage Benefits|
|HDFC Optima Secure Plan||HDFC Ergo Health Insurance||13000+||Emergency Air Ambulance Coverage
All Daycare Treatment Coverage
Organ Donor Expense Coverage
|ICICI Health Shield||ICICI Lombard Health Insurance||6500+||Restoration facility
Coverage outside India available
Mental Care facility
|Care Advantage||Care Health Insurance||16500+||Organ Donor
|Care Plan||Care Health Insurance||16500+||Organ Donor Cover
|ManipalCigna ProHealth Prime||ManipalCigna Health Insurance||6500+||Daycare Treatments
The elderly people have separate plans dedicated to meet their healthcare needs. These plans are called Senior Citizens health insurance plans and they cover the medical costs of elderly who are above the age of 60 years. Most of the senior citizen health insurance plans offer coverage against critical diseases as well as pre-existing diseases.
Below are some best policies to consider for your senior citizens healthcare needs.
|Senior Citizen Health Plans||Health Insurance Companies||Network Hospitals||Coverage Benefits|
|Care Health Senior Plan||Care Health Insurance||16500+||No pre-policy medical checkups
|Aditya Birla Activ Care Plan||Aditya Birla Health Insurance||5700+||Daycare expenses
|Niva Bupa Senior first Plan||Niva Bupa Health Insurance||7600+||Daycare Treatment
|Star Health Senior Citizen Red Carpet||Star Health Insurance||12000+||Daily Hospital Cash
All Daycare Expenses
Emergency Air Ambulance
|TATA AIG MediSenior||TATA AIG Health Insurance||7000+||140 Daycare Treatments
Pre and post hospitalization
Organ Donor Expense
With the rise in the cases of cancer and several other critical illnesses such as heart attack, stroke etc., the need for a Critical Illness Health Insurance has become pertinent. The Critical illness health insurance allows coverage against varied healthcare conditions caused due to severe and deadly diseases. Under these policies, the policyholder is paid a lump sum amount in case they are diagnosed with a critical illness.
Below are some best policies to consider to cover against critical illnesses.
|Critical Illness Health Insurance Plans||Health Insurance Companies||Network Hospitals||Coverage Benefits|
|Niva Bupa CritiCare Plan||Niva Bupa Health Insurance||7600+||20 Critical Illness Covered
Hospital Daily Cash
|Star Criticare Plus Plan||Star Health Insurance||12000+||Daycare treatments
Non-allopathic Treatment Covered
|ManipalCigna Lifestyle Protection Critical Care||ManipalCigna Health Insurance||6500+||30 Critical Illness Covered
Online Wellness Program
Coverage for open Heart Surgery
|Care Critical Illness Plan||Care Health Insurance||16500+||32 Critical Illness Covered
Annual Health Checkup
|HDFC Ergo Critical Illness Platinum Plan||HDFC Ergo Health Insurance||13000+||15 Critical Illness Covered
Coverage for paralysis
Health insurance plans allow several benefits to the insured and his/her family by covering them against critical diseases, injuries etc. A comprehensive health insurance can take care of all your healthcare needs. Here are some of the benefits of health insurance mentioned below:
Best health insurance plan is a comprehensive policy that provides complete protection to your health from several diseases without any hidden charges or clauses. These days due to the rising inflation the cost of healthcare facilities is getting higher. Moreover, everything has become very expensive including the cost incurred on availing medical facilities. Thus, to take care of your health care needs and to stay covered against maximum health conditions, it is important to buy a comprehensive health insurance plan meeting all your needs.
Also, a health insurance plan reduces the burden of future healthcare costs that might arise due to any emergency caused to you or your family members. However, the range of options available in the market makes it evident for the policy seeker to get confused on the best health plans to choose from.
Thus, it is important to do proper research and compare policies so that you can choose a plan to meet your requirements.
If you check insurance plans online, you would see that your one click can bring on a range of options in front of you. It is very obvious to get confused with so many varied options, especially when all the plans available are unique with exclusive features and benefits.
Hence, it is important to check the exclusions and inclusions of health insurance policies before buying a plan. Further, in case of any confusion you must contact the customer care of the insurer to clear your doubt and get assistance in choosing the best health plan.
Below are some factors to consider before buying a health insurance plan:
It is important to take adequate measures while buying best health insurance in India. Buying plans online allows quick and hassle-free procedure. Health insurance is a key requirement for each and every individual, especially in the present times of so many new and emerging diseases.
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Yes, you can buy multiple health insurance plans if you think that the cost of your healthcare needs exceeds the amount covered by one policy. The documents required to buy health insurance plans in India are: Yes, you can buy any health insurance policy from any health insurance company online as well as offline.
FAQs on Health Insurance Plans
Can I buy multiple Health Insurance policies for myself and my family?
What are the documents required to buy health insurance plans in India:
Do health Insurance companies sell their health insurance plans online?
Yes, you can buy multiple health insurance plans if you think that the cost of your healthcare needs exceeds the amount covered by one policy.
The documents required to buy health insurance plans in India are:
Yes, you can buy any health insurance policy from any health insurance company online as well as offline.
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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