Compare Health Insurance in India
Nobody wants to halt their life or work because of ill health and wish to stay happy all the time. But, the escalating count of diseases and their mounting cost of treatments have become a concern today. Even a single visit to doctor can suck your wallet. Health insurance in India has emerged like a savior for all. Taking care of your health as well as your pocket, it has made things simpler for all. It pays off your heavy medical bills, consultation fees, accident or emergency case charges. Helping out to shoulder the financial burdens, medical insurance in India comes with easy buying and satisfying assurance.
Health Insurance Covers
For treasuring good health one must have a comprehensive health insurance policy. From individual to family floater health insurance policy, all come with some features and benefits; let’s check a few major covers-
Cashless treatment - Every insurer displays a network of hospital where when treated the insured does not require to pay a penny from his pocket unless it is a voluntary discount case.
Pre and post hospitalization - Under the medical insurance plan in India, the insured is paid for the pre and post hospitalization charges which include tenure of 30 to 60 days depending on the insurer.
Ambulance charges - The policy holder is free from burden of transportation or ambulance charges.
Pre-existing disease cover - After a waiting period of 2-4 years, various policies offer a cover against the pre-existing diseases -e.g. - diabetes, hypertension etc.
No Claim Bonus - NCB or no claim bonus is a benefit provided if the insured does not claim for any treatment in the previous year. Benefit could be in any form, either an increment in the sum assured or a discount in premium.
Health check up - Free health check up is provided by few insurers if there is a good history of no claim bonus.
Tax Benefits - If you are paying premium for health insurance policy then you are liable to get tax rebate under section 80D of Income Tax Act for a maximum value of – Rs.15000 for regular and Rs.20000 for senior citizen.
Co-Payment - Providing you option to cut short your premium amount, medical insurance policy offers co-payment option wherein there is a define amount of voluntary deductibles mentioned in the policy which are paid by the insured. So in case of treatment, some amount is paid by the insured and rest by the insurer.
Critical illness cover - You can extend your health cover by opting for critical illness policy or various riders depending on your age and medical history of your family.
Best Health Insurance Plans
Individual Health Insurance - Designed to cover an individual against various illnesses with cashless hospitalization and other features.
Family Floater Mediclaim - Covers family members against diseases under a single plan, this cover offers a fixed sum insured for the members that can be either availed by individual member or as a sum total for treatment of one person.
Surgery & Critical Illness - Availed as a standalone plan or a rider incase of treatment against serious illnesses like- cancer, kidney failure, heart attack, paralysis et.
Senior Citizen Health - Covering you when you turn old and unable to resist severe sickness because of your growing age. According to IRDA norms, every insurer needs to provide cover for people up to the age of 65 years.
Preventive Healthcare - In charge of concerns related to expensive preventive care treatments which include consultation charges and other tests or x-ray fees concessions.
Benefits of Medical Insurance Comparison
It might sound tricky to select one policy from this array of medical insurance plans. But, we at policybazaar.com intend to offer a comprehensive comparison of health policies depending on your requirements. Offering affordable health insurance quotes along with details of benefit or riders available, we generate an analysis report of health plans you can choose from. Assisting our customers on the selection of the best medical insurance policy in this competitive market, policybazaar.com understands and spreads awareness regarding the need of good health insurance plan in India.
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