Importance of Health Insurance with Top 5 Health Insurance companies across India

 

For every individual citizen of India, it is necessary to have a health insurance plan to secure their life. Due to any unforeseen incident if any damages occurs in body, the Health Insurance covers those expenditures. So it covers the risk of those expenses. The Urban peoples are more conscious about Health Insurance than the rural area peoples. Any type of medical emergency never came announced, so to overcome the burden of those certain expenses in that time, you just need to have Health Insurance. Also with this you can get the best medical service. In other countries the Health Insurance is a compulsion but in India only less than 15% of the citizen are insured under Health Insurance

According to WHO statistics, 70% peoples lost their entire lifetime income for Medicare car expenses and with this statistic we came to know that there are 3.2% of Indians who are poor of paying the medical expenditure. 31% peoples in Urban areas and 41 % Peoples in Rural areas were admitted to the hospitals and paying expenses through loan

Health Insurance is the only way to overcome all those expenses related to Medical tests, doctor fees, Post hospitalization charges which includes doctor visits, diagnostic tests and medicines, Costs of the ambulance, Hospitalization charges. Insuring under a Health Insurance is not only a mental satisfaction but you can also avail the tax benefits under section 80D of the Income Tax Act, 1961. If you have irregular financial condition, although Hospitals provides the best treatment at any network of hospitals for having an active Health Insurance Plan. It also ensures best treatment in timely manner

There are different types of Health Insurance policies are there that are as follows- Senior Citizen Health Insurance, Individual Health Insurance Policy, Family Health Insurance, Surgery and Critical illness insurance plans, maternity health insurance policy, Personal accident cover. There are different types of insurance company offering different types off Health Insurance Plan with Add-On offers to make their plan attractive

The top 7 Health Insurance company with their plans

National health Insurance plans - It covers 6 members of the family (2 Adult for s+ 4 Children). The incurred claim ratio of these policy is 97.25% having 4 years waiting period with lifetime renewability. Over 6000 network hospitals is connected to this company

HDFC ERGO Health Insurance plans -   It covers 4 members of the family (2 Adults+ 2 Children). The incurred claim ratio of these policy is 76.90% having 4 years waiting period with guaranteed lifelong renewability. Over 5000 network hospitals is connected to this company

Bharti AXA Health Insurance plans - It covers 4 members of the family (2 Adults+ 2 Children). The incurred claim ratio of these policy is 76.88% having 4 years waiting period with lifetime renewability. Over 5000 network hospitals is connected to this company

Reliance Health Insurance plans -  It covers 6 members of the family (2 Adults+ 4 Children). The incurred claim ratio of these policy is 92.23% having 4 years waiting period with lifetime renewability. Over 4000 network hospitals is connected to this company

Bajaj Allianz Health Insurance -  It covers 6 members of the family (2 Adults+ 4 Children). The incurred claim ratio of these policy is 78.50% having 4 years waiting period with lifetime renewability. Over 3700 network hospitals is connected to this company

Apollo Munich Health insurance plans -  It covers 6 members of the family (2 Adults max+ 4 Children). The incurred claim ratio of these policy is 68% having 3 years waiting period with lifetime renewability. This company consider to pay the hospitalization expenses of pre 60 days and post 180 days

Max Bupa Health Insurance plans -  It covers 4 members of the family (2 Adults + 2 Children). This company can cover your pre-existing disease after a waiting period of 2 years. The incurred claim ratio of these policy is 72%. This company consider to pay the hospitalization expenses of pre 30 days and post 60 days

Universal Sompo Health Insurance plans -  It covers 4 members of the family (2 Adults + 2 Children). This company can cover your pre-existing disease after a waiting period of 3 years. The incurred claim ratio of these policy is 65.8%. This company consider to pay the hospitalization expenses of pre 60 days and post 60 day

Star Health Insurance plans - - It covers 4 members of the family (2 Adults + 2 Children). This company can cover your pre-existing disease after a waiting period of 4 years. The incurred claim ratio of these policy is 58.95%. This company consider to pay the hospitalization expenses of pre 30 days and post 60 days

New India Assurance plans - - It covers 6 members of the family (2 Adults + 4 Children). This company can cover your pre-existing disease after a waiting period of 4 years. The incurred claim ratio of these policy is 72.8%. This company consider to pay the hospitalization expenses of pre 30 days and post 60 days arajit