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Government insurance companies and their policies are always in high demand because of their attractive features. Let us know about the top government companies and their plans in this post.
When it comes to any government scheme including health insurance plans, they are considered to be better and more reliable as compared to private policies. Also, governments of different countries across the globe work continuously to provide the best health facilities to its citizens. They adopt various means to educate people about health issues and ensure to promote good medical facilities and health insurance to the citizens. The Indian Government has also been active with various actions and initiatives time and again to enhance the healthcare facilities offered to their citizens. Along with other initiatives, they also avail citizens with reliable and cost-effective health insurance policies so that every citizen can make their best use. Let us read more about some of the best health insurance in India in this post.
The threat of serious diseases has grown manifold. Thus, there is an ardent need for everyone to have the best health insurance coverage. Over the years, the overall health consciousness among people in the country has seen positive changes. Hence, health insurance policies have become popular among everyone today. Further, several governmental initiatives have improved the situation all the more.
Below are the top three public insurers in India along with their health insurance plans and varied features. You can evaluate these policies for your better understanding before buying a plan:
Established in the year 1919 by Sir Dorabji Tata, this is a wholly owned Indian Government subsidiary company. This is a global company with branches over 28 countries across globe and holds the leading position in India in the general insurance segment. The insurer has a strong presence in the domestic as well as global sphere. In India, it operates through its 2452 offices at present. The company offers a variety of insurance policies and functions with effective technology and management structure. This is the single insurer in India who is regarded as a direct insurer.
Benefits of availing New India Assurance health insurance policies:
Key Features of New India Assurance Company
1200+ Cashless Network Hospitals
103.19 % – Incurred Claim Ratio
4 years Waiting period (for pre-existing diseases)
Top Health Insurance Policies From New India Assurance
Below are some cost-effective health insurance plans offered by the company:
This is a wholly owned Government Insurance Company in India. The insurer is offering policies and serving customers for over a century now with varied insurance plans. With 103.19% of incurred claim ratio for FY 2018-19, National Health Insurance Company presents a plethora of health insurance features in their unique plans which cater to the needs of their customers.
Benefits of Plans by National health Insurance Company:
Key Features/Highlights of National health Insurance
6000+ Network Hospitals in total
115.55 % of Incurred Claim Ratio
4 years Waiting Period for pre-existing diseases
List of National Health Insurance plans:
Oriental Health Insurance was founded on September 12, 1947 as a subsidiary company of Indian Government. This Government Insurance Company has been actively providing coverage to grand steel and power projects, petrochemical projects and so on. The company also offers several good insurance deals to people across cities and rural areas in India. With widespread presence across India, Oriental Insurance company functions through 31 regional and 1800+ offices operating across the country.
Benefits of buying plans by Oriental health Insurance plan:
Key Features/Highlights of Oriental Health Insurance:
4300+ Network Hospitals
113.86 % Incurred Claim Ratio
4 years Waiting Period (for pre-existing diseases)
List of Oriental Health Insurance plans:
Read More: Top Health Insurance Companies in India
To Sum Up
These government health insurance policies are offered to enhance healthcare of citizens and to safeguard people against monetary crisis at the time of health emergencies. Any Indian citizen can avail these public health insurance policies offered by reputed government insurers.
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