Is Arogya Sanjeevani the Ideal Health Insurance Plan for India?

The entire world has been caught in the grasp of the coronavirus disease. The pandemic has infected millions of people worldwide and has turned the phrase ‘survival of the fittest’ true, quite literally. While India is also braving the outbreak of COVID-19, the focus has shifted on availability and affordability of healthcare facilities in the country. The need for health insurance has gained some prominence amidst the pandemic scare making people wonder if Arogya Sanjeevani health insurance is the ideal policy for them.

Read More

Policybazaar exclusive benefits
  • 30 minutes claim support*
  • 50,000 claims approved in last 15 months*
  • Schedule home visit with our advisors
  • Get a plan based on your medical needs

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Back
All health plans cover Covid-19 treatment
  • 1
  • 2
  • 3
  • 4

Who would you like to insure?

  • Previous step
    Continue
    By clicking on “CONTINUE”, you agree to our Privacy Policy and Terms of use
    Previous step
    Continue

      Popular Cities

      Previous step
      Continue
      Previous step
      Continue

      Do you have an existing illness or medical history?

      This helps us find plans that cover your condition and avoid claim rejection

      Get updates on WhatsApp

      What is your existing illness?

      Select all that apply

      Previous step

      When did you recover from Covid-19?

      Some plans are available only after a certain time

      Previous step

      What is Arogya Sanjeevani Health Insurance?

      Arogya Sanjeevani is the latest entrant in the health insurance sector in India. It is a standard health insurance policy that provides wider coverage at affordable premium rates. The policy is considered the stepping stone for new buyers in the health insurance domain as the policy coverage, terms and exclusions remain the same across all insurance providers with only the difference in premium rates.

      Presently, 29 health insurance companies have been permitted to offer Arogya Sanjeevani health insurance policy. With the launch, there has been a lot of comparisons between Arogya Sanjeevani and other health insurance plans available in India. People are wondering is the Arogya Sanjeevani is sufficient to cover their health insurance needs. To help them arrive at a decision, here are the pros and cons of Arogya Sanjeevani health insurance:

      Pros of Arogya Sanjeevani Policy

      Wider Coverage

      The Arogya Sanjeevani health insurance comes with extensive coverage. The plan covers a wide range of medical expenses, including hospitalization expenses, day care treatments, AYUSH treatment, ambulance charges and cataract surgery. It also covers the cost of dental treatment and plastic surgery. Moreover, it also provides coverage for modern treatments, such as stem cell therapy, oral chemotherapy, immunotherapy, etc. This level of coverage generally comes at a higher premium under other health plans.

      Lower Premiums

      The premium amount for Arogya Sanjeevani policy may vary from one insurer to another but it is still extremely affordable. The premiums payable under this plan are very low as compared to other health insurance plans. You will have to shell out more money if you want the same level of coverage under other health insurance plans.

      No Zone Pricing

      The Aroya Sanjeevani health insurance plan does not include zone pricing. This means that the premium rate will not vary as per the zone of the city. Thus, whether you stay in metropolitan cities or tier-2 cities, you will be charged the same premium unlike other health plans available in India.

      Lower Co-Payment

      Generally, a policyholder is required to pay 10% of the sum insured as co-payment at the time of claim settlement. This means you will have to pay at least 10% of the total claim amount. However, Arogya Sanjeevani policy comes with a co-payment of 5% of the sum insured, which is lower than other plans.

      No Product Confusion

      One of the biggest takeaways from Arogya Sanjeevani health insurance plan is that it offers standardised coverage across all insurers. As a result, it puts a stop to any confusion arising due to the plethora of health insurance plans available in the market. You don’t have to compare different health plans to find a plan that provides you with maximum coverage at an economical cost.

      Flexible Options

      The Arogya health plan is extremely flexible. It allows you to extend the coverage for your parents and parents-in-law at a nominal rate as compared to other health plans. Besides, it gives you the option for paying premiums at one go or at instalments that can be monthly, quarterly or half-yearly.

      Cons of Arogya Sanjeevani Policy

      Lower Sum Insured

      The Arogya Sanjeevani health insurance comes with a sum insured ranging from Rs 1 lakh to Rs 5 lakh. Given the skyrocketing cost of healthcare facilities in India, this sum insured amount is way too low. It may not be sufficient to cover the cost of expensive treatments, especially in metro cities. Thus, if you feel the need for a higher sum insured under your health cover, you will have to opt for some other medical insurance plan.

      Higher Room Rent/ ICU Cap

      Most health plans come with no room rent capping or only 1% of the sum insured as sub-limit. However, the Arogya Sanjeevani policy comes with 2% of sum insured up to Rs 5000 as room rent sub-limit. Moreover, the ICU sub-limit is also higher at 5% of the sum insured up to Rs 10,000 under the Arogya plan.

      Coverage Limitation

      The Arogya Sanjeevani health insurance also comes with limitations when it comes to the cost of cataract surgery or modern treatments. It covers Rs 40,000 for an eye or 25% of sum insured under cataract surgery and up to 50% of the sum insured under modern treatments. On the other hand, most health plans do not have any coverage limit for these treatment costs. Even the No Claim Bonus is limited to 5-50% of the sum insured under Arogya plans as opposed to 100% of the sum insured in basic health plans.

      No Riders Available

      Health insurance plans usually come with a few riders that allow buyers to expand their policy coverage. However, the Arogya plan does not provide any riders or add-ons to its buyers at all.

      In a Nutshell

      Arogya Sanjeevani health insurance is a people’s product designed to provide maximum benefits at the lowest possible cost. The plan is ideal for people with limited health needs and first-time buyers who do not have extensive knowledge about the nitty-gritties of health insurance. But if you want a health policy with higher coverage and more benefits, Arogya Sanjeevani is not the correct plan for you.

      Search
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

      Health insurance articles

      Recent Articles
      Popular Articles
      Monkeypox: Dos and Don’ts of the Disease That You Should Know

      15 Sep 2022

      Monkeypox has slowly and steadily spread to more than 85 countries...
      Read more
      Why is It Important to Disclose Pre-existing Diseases to Your Insurer?

      06 Sep 2022

      As we grow old, the chances of developing a disease or a medical...
      Read more
      Benefits of Multi-Year Health Insurance Plans

      25 Aug 2022

      Ever since COVID-19 entered our lives, health insurance has come...
      Read more
      Does Health Insurance Cover Monkeypox?

      25 Jul 2022

      Monkeypox is the latest disease to make its way to India while we...
      Read more
      List of Diseases Covered by Bajaj Allianz Health Insurance Plans

      05 Jul 2022

      Barely any person has remained unaffected due to rising health...
      Read more
      PMJAY Scheme: Ayushman Bharat Yojana Eligibility & Registration Online
      Prime Minister Shri Narendra Modi announced the launch of (PMJAY) Ayushman Bharat Yojana in his Independence...
      Read more
      Best Health Insurance Plans in India 2022
      Finding the best health insurance plan from so many different health insurance companies can get confusing for many...
      Read more
      How to Apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)?
      Ayushman Bharat Yojana is a flagship health insurance scheme launched by the Government of India to offer universal...
      Read more
      Best Maternity Insurance Plans
      Maternity insurance offers comprehensive coverage for medical expenses incurred during pregnancy, including the cost...
      Read more
      Best Health Insurance Plans for Senior Citizens in 2022
      Senior citizens are the most prone to diseases. Considering the medical inflation in India, buying health insurance...
      Read more

      top
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL