Top 10 Family Health Plans in India
Health insurance in India is a necessity today. India’s high medical trend rate, medical inflation, 14 per cent for 2022–23 is the highest in Asia and higher than the global average. This exorbitant rise in medical care costs makes it imperative for you to buy health insurance plans for your family to safeguard them.
A recurring question you might have may be about the best health insurance policy in India. Instead of 1 policy let us look at the top 10 policies in India.
Before we move on to the list of best health insurance in India, click here to read all about health insurance from CarePal Secure, one of India’s leading health protection companies, providing you with the following:
24/7 unlimited teleconsultation in 16 Indian languages
Up to 15 per cent discount on pharmacy along with vouchers for medicine of Rs 3,000
Up to 70 per cent discount on lab tests along with vouchers for diagnostics vouchers of Rs 3,600
Rs 1 lac personal accident insurance.
It is difficult to choose any one insurer as the best health insurance company in India. Let us instead look at the top 10 family health plans (in no particular order) based on factors like Claim Settlement Ratio (CSR) for the period 2021–22, reviews, benefits provided, features, possible add–on covers and premiums*:
*For premium amounts please visit the individual insurer’s websites
Key Features of the Top 10 Family Health Plans
Let us read about the top 10 family health plans in brief and look at their unique features which will act as a protection for you and your family for the foreseeable future:
Niva Bupa Reassure 2.0:
This policy walks into the top 10 as it offers versatile features and varied benefits. This plan can cover a maximum of 6 of your family members and is available in 5 variants:
Platinum +
Titanium +
Bronze +
Gold
Bronze
USPs of Niva Bupa Reassure 2.0
Comes with a built-in personal accident insurance cover to safeguard your family and finances from the cost of hospitalisation and medical emergencies arising from an accident.
Comes with the Live Healthy Benefit whereby the number of steps you take may earn you a discount of up to 30 per cent on your renewal premium. Thus, this policy encourages a healthy lifestyle along with the protection it extends to your family members in times of their illness.
Offers all your family members who are insured under it the facility of health check-ups from Day 1.
Care Supreme:
Care Supreme offers all-in-one coverage and is an all-rounder plan which comes with multiple add-on benefits, all at an affordable premium.
Note: Care Health Insurance has the best Claim Settlement Ratio among all health insurance companies at a whopping 100 per cent! This means that your claim has the best chance of getting settled by them.
USPs of Care Supreme
Has a wide range of coverage and covers domiciliary hospitalisation, and AYUSH treatment and organ donor coverage, all with no sub-limits under the medical cover provided.
Comes with Cumulative Bonus Super offering you and your family members the highest cumulative bonus of 500 per cent. This boosts your sum insured. You must note that is you file a claim, the increased sum insured due to this cumulative bonus does not get reduced.
Offers wellness discount of up to 30 per cent on your renewal premiums. Thus, this policy encourages your family and keeps them motivated to keep their fitness level high.
ManipalCigna Pro Health Prime Advantage:
ManipalCigna Pro Health Prime Advantage offers a sum insured of up to Rs 1 crore and comes with features like restoration of the sum insured, OPD cover, air ambulance cover, AYUSH treatments and so on.
USPs of ManipalCigna Pro Health Prime Advantage
Offers you and your family members OPD benefits like consultation fees, cost of prescribed diagnostics and pharmacy bills up to Rs 50,000 per policy term.
Offers you the facility to avail of a second medical opinion for 36 critical illnesses, helping secure the health of your family members.
Offers switch-off benefits whereby you may close your cover for a maximum period of 30 days. You will still get discounts on the renewal premium. This is available after 1 year and if you and your family are travelling abroad for that period.
Aditya Birla Activ Health Platinum Enhanced:
Aditya Birla Activ Health Platinum Enhanced offers coverage for conditions such as hospitalisation for mental illness and treatment involving the use of modern and advanced technology. You may avail of a sum insured of up to Rs 2 crores.
USPs of Aditya Birla Activ Health Platinum Enhanced
Offers services of an expert health coach to create personalised workout plans for you, chalk out your nutrition plans and also provide guidance for your mental health wellness.
Rewards you with double the sum insured without any additional premium after you complete 2 years without any claims.
The policy offers pre and post-hospitalisation benefits for certain mental illnesses as listed by them.
Star Health Assure: Star Health Assure offers a high sum insured of up to Rs 2 crores and is a good choice to provide all your family members with increased coverage and is at the same time a versatile health insurance policy.
USPs of Star Health Assure
The policy offers Compassionate Travel expenses upto Rs 10,000 for an immediate family member in case you have to travel for medical treatment to any other city in case of a life-threatening emergency situation.
A Star Health wellness program is built into the policy to encourage you and your family to follow a healthy lifestyle. The program offers discounts on renewal up to 20 per cent by redeeming points earned on activities such as regular health check-ups and having completed a minimum number of steps daily.
Rehabilitation and pain management expenses are covered upto a limit of 20 per cent of the sum insured.
Reliance General Health Infinity: Reliance General Health Infinity is a comprehensive health insurance policy with a large amount as the sum insured, up to Rs 5 crores. This policy has no sub-limits.
USPs of Reliance General Health Infinity
The policy offers upto 100 per cent of the sum insured on day care treatment and emergency hospitalisation through the optional More Global cover.
The policy offers a high coverage amount of Rs 1 lac or Rs 2 lacs as maternity benefits depending on the sum insured as an add-on benefit.
100 per cent restoration of the sum insured for treatment of unrelated illness or injury.
HDFC Ergo Optima Secure:
HDFC Ergo Optima Secure is a comprehensive health insurance policy with no sub-limits or capping — be it for room rent or specific diseases and also has no co-payment.
USPs of HDFC Ergo Optima Secure
The plan offers an e-opinion facility in case of a diagnosis of any of the 51 critical illnesses listed by them.
100 per cent restoration of the sum insured with no restrictions.
Rewards in the form of a 100 per cent increase in the base sum insured for 2 years without claims.
Liberty Health Connect:
Liberty Health Connect has reasonably priced premiums for the sum insured ranging between 3 lacs and 15 lacs. The plan comes in 4 variants:
E-connect
Basic
Elite
Supreme
USPs of Liberty Health Connect
The policy covers organ donor expenses up to your sum insured.
Free health check-ups after 2 years of policy renewal. This is regardless of whether you have filed a claim.
There is no co-payment in this policy.
United India Insurance Family Medicare Policy:
This policy offers restoration of the sum insured, cover for maternity and your newborn baby, expenses for modern treatments and road ambulance cover.
USPs of United India Insurance Family Medicare Policy
The policy allows daily hospital cash allowance of upto a total of Rs 20,000 per policy term.
Your newborn baby is covered from Day 1 to the age of 90 days. All expenses incurred on your baby for hospitalisation are payable.
AYUSH treatment coverage upto Rs 25,000 per policy term.
ICICI Lombard Health AdvantEdge:
This policy offers the benefits of a normal policy and in addition, covers 20 critical illnesses as listed by them.
USPs of ICICI Lombard Health AdvantEdge
The policy has inbuilt benefits such as doctor-on-call, video consultation and ambulance services covered.
Global coverage including in the USA and Canada upto the limits of the sum insured.
Coverage for air ambulance services.
Conclusion
You now have a fair idea of the top health insurance policies for your family. Compare the benefits and match your requirements before you finalise the purchase of any policy.
Click here to avail of healthcare plans offered by CarePal Secure.
References:
https://www.policyx.com/health-insurance/articles/top-10-family-health-insurance-plans/
https://www.nivabupa.com/family-health-insurance-plans/reassurev2-insurance.html
https://www.manipalcigna.com/hospitalization-cover/prohealth-insurance/prohealthprime-advantage
https://www.adityabirlacapital.com/healthinsurance/active-health-enhanced-insurance
https://www.starhealth.in/health-insurance/star-assure/
https://www.reliancegeneral.co.in/insurance/health-insurance/health-infinity-insurance-plan.aspx
https://www.hdfcergo.com/health-insurance/optima-secure/
https://www.libertyinsurance.in/health-insurance/health-connect.html
https://uiic.co.in/en/product/health/Family-Medicare-Policy
https://www.icicilombard.com/health-insurance/health-advantedge-insurance-for-family/
