Top Health Insurance Plans, Companies, Benefits

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Health insurance has become a necessity nowadays. This is because the medical expenses have been rising to the limit of the sky. A large number of people are aware of the benefits of health insurance. Moreover, young employees buy a policy to save tax.

Best health insurance

To choose the best health insurance policy, you have to keep the following things in mind.

  • Coverage: It is essential to choose the right coverage. Therefore, you should have a look at the inclusions and exclusions of the plan.
  • Budget: Since the budget is an important factor, you should find a policy that is affordable.
  • Type: You should be clear if you want to opt for you or a family health insurance plan.
  • Network hospital coverage: This plays an important role in choosing health insurance. Thus, you should check the list of hospitals before buying the plan.
  • Compare Quote: You can easily compare prices for different plans online easily.
  • Claim settlement ratio: It is essential to opt for an insurance provider who has a high value of this ratio in the last year.
  • Age-renewal: You should choose a policy that has a maximum age renewal. It is recommended that you choose a plan with lifetime age renewal.

Health insurance plans

You should know the type of plans available in the market. It can be categorized into the following ways.

  • Individual Health Insurance
  • Family Floater Health Insurance
  • Critical Illness Insurance
  • Hospital Daily Cash Benefit Plans
  • Senior Citizen Health Insurance Plans
  • Group Health Insurance

Top health insurance companies

There are a number of companies that offer health insurance. Hence, here’s a list of top providers.

  • Aditya Birla
  • Religare Care
  • Apollo munich
  • Cholamandalam
  • Bharti AXA
  • Digit 
  • Edelweiss
  • HDFC Ergo
  • IFFCO Tokio
  • These companies have a wide range of health insurance plans.

Health insurance plans for family

  • It covers all the family members at a single premium.
  • This plan includes self, spouse, parents and children. Thus, any family member can claim it.
  • The sum insured is divided equally among the members. Thus, it covers all the members at a lower premium.
  • The premium is calculated on the basis of the age of the eldest member. However, it may also depend on the member who has any medical problem.
  • It provides assistance against hospitalization and surgical expenses. Thus, a single premium can save the expenses for all the members. However, the coverage will depend upon the sum insured for a single member.
  • It helps to reduce the financial burden on the family. Hence, it provides financial security and peace of mind.

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