Health Insurance Discounts

Types of Health Insurance Discounts

Take a look at some of the most common types of health insurance discounts offered by insurers in India:

1. No Claim Bonus

   No Claim Bonus or NCB is a discount on health insurance renewal premiums granted by the insurer if the policyholder has not raised a claim in the previous policy year. The NCB can be accumulated for every claim-free year, starting from 5% to 100%.

2. Family Discount

   Family discount is a type of discount available with multi-individual health plans if the policyholder buys a policy for 2 or more family members. For example, you may get a family discount of 5% on buying individual health plans for 2 family members and 10% for 3 members. This discount can be availed at the time of buying the policy and, usually, ranges from 5% to 20%, depending on the plan.

3. Long-term Discount/ Multi-year Discount

   Long-term discount is granted to policyholders who opt for a policy tenure of 2 years or 3 years. For example, 5% long-term discount may be available on opting for a 2-year policy and 10% on opting for a 3-year policy. This discount on insurance premium payment can be availed during policy purchase and ranges from 4% to 12.5%, depending on the plan.

4. Wellness Discount/ Fitness Discount

   Wellness discount in health insurance is available to policyholders who achieve the fitness goals set by the company. This health insurance discount for fitness aims to promote good health and a healthy lifestyle. Moreover, some health plans offer fitness discounts of up to 100% on renewal premiums to active customers.

5. Online Discount/ Direct Business Discount

   Online discount is a type of discount on insurance premium payment granted by insurers on buying the health policy online from the website. This discount can be availed at the time of buying the policy. Usually, insurance companies offer an online discount of 5% or 10%.

6. Loyalty Discount

   Loyalty discount is granted to policyholders who already have another insurance policy from the same insurer. For example, if you have a car insurance policy from Insurer A, you may get a loyalty discount on buying medical insurance from the same insurer. Insurance companies mainly offer a loyalty discount of 5% or 10%, which can be used at the time of policy purchase.

Health Insurance Discounts

Check out the list of discounts offered by various health insurance plans in India:

*Note: Insurance companies may apply a maximum limit on overall discount availed in a policy year.

Wellness Discount in Health Insurance

Discounts are a great way to lower health insurance premiums. But what’s even better is to get a chance to lower health insurance premiums for staying active and healthy. Wellness discounts on health insurance offer a discount on renewal premiums to policyholders who maintain a healthy lifestyle.

Health insurance companies provide wellness reward points to policyholders for undertaking various wellness activities, such as:

• Achieving steps target
• Taking annual gym/yoga/health club membership
• Participating in marathons, walkathons, etc.
• Undertaking health risk assessment
• Maintaining healthy BMI

With health insurance discount for wellness programs, insurance companies encourage policyholders to stay active, switch to healthy lifestyle habits, undergo health check-ups and track their health regularly.

List of Health Insurance Plans Offering Wellness Discounts

Here is a list of medical insurance plans that offer wellness discounts in India:

1. Aditya Birla Activ Health PlatinumPlan

   The Aditya Birla Activa Health Platinum plan offers a Health Returns discount of up to 50% on renewal premiums on fulfilling the following parameters.

   Parameters	Discount Offered
   13 or more Active Dayz completed in a month	30%
   275 Active Dayz completed in a year	20%
   325 Active Dayz completed in a year	50%
   Total Discount	100%

   1 Activ Day = 10,000 steps per day or 30 minutes gym/yoga session or burning 300 calories a day in one exercise session or participating in recognized marathons, walkathons or cyclothons

2. Bajaj Allianz My Health Care Plan

   The Bajaj Allianz My Health Care plan provides a wellness discount of up to 12.5% on renewal premiums if the insured achieves the following parameters listed by the insurance company.

   Parameters Achieved	Discount Offered
   Achieving 4 or 5 parameters	5%
   Achieving 6 or 7 parameters	7.5%
   Achieving all 8 parameters	10%
   Achieving all 8 parameters + completing 10,000 steps daily for 20 days per month	12.5%

   The parameters include satisfactory health risk assessment, fasting blood sugar, blood pressure, BMI, haemoglobin, serum cholesterol, HbA1c and completing 5,000 steps daily for 20 days a month.

   The Bajaj Allianz General Insurance Company also offers a 5% fitness discount if the insured has completed at least 2 marathons of 5 km in the last 12 months and has certificates of completion.

3. Care Supreme Plan

   The Care Supreme plan offers a wellness discount of up to 30% on renewal premiums if the insured accumulates 270 healthy days in a year. However, this discount is available as an optional benefit under the plan.

   Number of Healthy Days	Discount Offered
   Accumulating 120 healthy days	10%
   Accumulating 180 healthy days	15%
   Accumulating 240 healthy days	20%
   Accumulating 270 healthy days	30%

   1 Healthy day = Completing 10,000 steps or more per day

4. Cholamandalam Flexi Health Supreme Plan

   The Cholamandalam Flexi Health Supreme plan offers a healthy week discount of up to 10% on renewal premiums by accumulating more than 36 healthy weeks.

   Number of Healthy Weeks Accumulated	Discount Offered
   1 to 4 weeks	0.5%
   5 to 8 weeks	1%
   9 to 12 weeks	2%
   13 to 16 weeks	3%
   17 to 26 weeks	5%
   27 to 36 weeks	7.5%
   More than 36 weeks	10%

   1 Healthy week = Completing 50,000 steps in a week with a maximum of 10,000 steps per day

5. Digit Health Insurance Plan

   The Digit Health Insurance plan offers a good health discount of 5% at the time of policy purchase and renewals if the insured is healthy and follows good health practices, including regular exercising, no smoking or consumption of tobacco, eating a healthy diet and monitoring the diet regularly.

6. Future Generali Health Elite Plan

   The Future Generali Health Elite plan offers a wellness discount of up to 5% on renewal premiums if the insured earns wellness reward points by performing multiple wellness activities. Maximum reward points for different wellness activities are as follows:

   • Fitness/healthy lifestyle tracking – 60 points
   • Monitoring of lifestyle diseases – 45 points
   • Expert wellness assessment – 40 points
   • Stress & Happiness Index Score – 20 points
   • Enrolment to wellness – 15 points
   • Participation in Future Generali India Insurance’s organized events & wellness content – 20 points

   Wellness Reward Points Earned	Discount Offered
   15 to 99 points	2%
   100 to 149 points	3%
   150 to 184 points	4%
   185 to 200 points	5%

7. HDFC ERGO my:health Suraksha Plan

   The HDFC ERGO my:health Suraksha plan offers a fitness discount of up to 10% on renewal premiums if the policyholder accumulates more than 36 healthy weeks.

   Number of Healthy Weeks Accumulated	Discount Offered
   1 to 4 weeks	0.5%
   5 to 8 weeks	1%
   9 to 12 weeks	2%
   13 to 16 weeks	3%
   17 to 26 weeks	6%
   27 to 36 weeks	7.5%
   More than 36 weeks	10%

   1 Healthy week = Completing 50,000 steps in a week with a maximum of 15,000 per day or burning 900 calories a week with up to 300 calories a day

8. IFFCO Tokio Health Protector Plan

   The IFFCO Tokio Health Protector plan offers a wellness discount of up to 12.5% on renewal premiums if the policyholder earns 2500 wellness reward points by performing different wellness services and activities. The maximum points for each wellness service or activity are:

   • Completion of health risk assessment – 100 points
   • Step count target – 1000 points
   • Enrolment in fitness activities like gym, yoga, swimming, etc. – 200 points
   • Undergoing diagnostic/preventive risk assessment – 750 points
   • Enrolment in disease management program – 200 points
   • Participation in walkathon/marathon – 100 points
   • Enrolment in self-care plans like diet plans/ meditation – 500 points

   Wellness Reward Points Earned	Discount Offered
   500 points	2.5%
   1000 points	5%
   1500 points	7.5%
   2000 points	10%
   2500 points	12.5%

9. Kotak Mahindra Health Premier Plan

   The Kotak Mahindra Health Premier plan provides discounts on OPD medical expenses, non-medical expenses, payment of co-payment and in-patient treatment & day care treatment claims if the policyholder earns reward points.

   4 Reward Points = Rs 1

   Wellness Activities	Reward Points
   Health Risk Assessment	250 points
   Health Check-up	500 points
   Preventive Check-up	250 points
   Gym/ Yoga Membership for 1 year	1000 points
   Sports Activity Membership (Swimming, Badminton, tennis, etc.)	1000 points
   Participating in Professional Sporting events like Marathons, Triathlons, etc.	500 points per event 1000 points per year
   Winning Health Contests/Quiz Organised by the Insurer	250 points per event 500 points per year
   Sharing Your Fitness Story	250 points

10. Liberty HealthPrime Connect Plan

    The Liberty HealthPrime Connect plan provides a 10% wellness discount on renewal premiums if the insured earns wellness reward points by performing various activities.

    Wellness Activities	Reward Points
    Online Health Risk Assessment	200 points
    Health Risk Assessment Outcome	100/150 points per month 500/1000 points per year
    Prophylactic screening	50 to 250 points per quarter 100 to 500 points per year
    BMI	100 to 250 points per quarter 200 to 500 points per year
    Normal blood pressure levels	150 points per quarter 500 points per year
    Normal blood sugar levels	150 points per quarter 500 points per year
    Normal lipid profile levels	150 points per quarter 500 points per year
    Participating in professional sports events like marathons, cyclothon, swimathon, etc.	100 points per event 500 points per year
    Child participating in sports at the school/state/national level	20 to 100 points per sport 50 to 200 points per year

11. Magma HDI OneHealth Plan

    The Magma HDI OneHealth plan offers a fitness discount of up to 10% on renewal premiums if the insured has earned fitness reward points by performing various fitness activities.

    Fitness Activities Performed	Discount Offered
    Health check-up	1%
    Completing at least a 10 Km marathon	1.5%
    Gym/yoga or any other fitness centre membership	2%
    Completing any other sports event	2.5%
    Participating in health programs sponsored by the insurer	5%
    Total Discount	10%

12. ManipalCigna ProHealth Prime Plan

    The ManipalCigna ProHealth Prime plan offers a wellness discount of up to 20% on renewal premiums if the insured completes 10,000 steps or more per day for at least 240 days.

    Number of Steps Completed (Per Day)	Discount Offered
    	120 to 179 days	180 to 239 days	240 days or more
    6000 to 7999 steps	-	5%	10%
    8000 to 9999 steps	5%	10%	15%
    10,000 steps or more	10%	15%	20%

13. Niva Bupa ReAssure 2.0 Plan

    The Niva Bupa ReAssure 2.0 plan offers a live healthy discount of up to 30% on renewal premiums by walking and earning health points.

    Health Points Earned	Discount Offered
    1501 to 2250 points	5%
    2251 to 3000 points	15%
    3001 to 3750 points	20%
    More than 3750 points	30%

    1 Health Point = 1000 steps

14. Reliance Health Infinity Insurance Plan

    The Reliance Health Infinity Insurance plan offers a stay healthy discount of 10% on renewal premiums if the insured undergoes an annual health check-up. The plan also offers a 5% BMI discount if the BMI of the insured is normal.

15. Royal Sundaram Multiplier Health Insurance Plan

    The Royal Sundaram Multiplier Health Insurance plan provides a discount on diagnostic tests, OPD consultations, mobility devices and medical devices if the insured earns reward points through the insurer’s Health and Wellness app.

    The Health and Wellness app will track physical activities, such as walking, running, swimming, weight and cardio training in the gym, etc. The app will also capture sleep patterns, resting heart rate, daily step count, etc.

16. SBI Health Edge Insurance Plan

    The SBI Health Edge Insurance plan offers a walk healthy discount of up to 30% on renewal premiums if the insured completes more than 3.75 lakh steps in a policy year.

    Number of Steps Completed (Per Annum)	Discount Offered
    15,00,001 to 22,50,000 steps	5%
    22,50,001 to 30,00,000 steps	15%
    30,00,001 to 37,50,000 steps	20%
    More than 37,50,000 steps	30%

17. Star Health Assure Insurance Plan

    The Star Health Assure Insurance plan offers a wellness discount of up to 20% on renewal premiums if the insured earns wellness points by performing various wellness activities. The maximum points for different wellness activities to earn wellness discount on Star health insurance are as follows:

    • Online Health Risk Assessment – 50 points
    • Achieving step count target – 200 points
    • Preventive risk assessment – 200 points
    • Health club membership of 1 year or more – 100 points
    • Participating in marathon, walkathon and similar activities – 100 points
    • Weight management program for overweight/obese people – 100 points
    • Chronic condition management program – 250 points
    • De-stress and mind body healing program – 125 points
    • Sharing fitness success story – 50 points

    Wellness Points Earned	Discount Offered
    200 to 350 points	4%
    351 to 600 points	10%
    601 to 750 points	14%
    751 to 1000 points	20%

18. Tata AIG Medicare Premier Plan

    The Tata AIG Medicare Premier plan provides a wellness discount on OPD consultations, health check-ups, diagnostic tests, medicines and health supplements if the insured accumulates healthy days.

    1 Healthy Day = 10,000 steps per day or burning 500 calories per day

    The plan also provides redeemable discount vouchers to promote fitness and wellness as part of wellness services.

19. Universal Sompo Super Health Insurance Plan

    The Universal Sompo Super Health Insurance plan offers a wellness discount on renewal premiums if the insured earns reward points/USGI coins by performing wellness activities. The discount is limited to 30% of the USGI coins, subject to a maximum of Rs 300 per year.

    4 USGI Coins = Rs 1

    Wellness Activities	USGI Coins/ Reward Points
    Health Risk Assessment	500 coins
    Health Risk Assessment Outcome	100/150 coins per month 500/1000 coins per year
    Normal Blood Pressure	150 coins per month 500 coins per year
    Normal Blood Sugar	150 coins per quarter 500 coins per year
    Normal Lipid Profile	150 coins per quarter 500 coins per year
    BMI	100 to 250 coins per quarter 200 to 500 coins per year
    Health Tests	150 coins per quarter 300 coins per year
    Annual Membership for Gym/ Yoga/ Zumba/ Aerobic/ Dance	150 coins per quarter 400 coins per year
    Participating in Professional Sports Events like Marathon, Cyclothon, Swimathon, etc.	100 coins per event 500 coins per year
    Participating in Competitive Sports at School/State/National Level	20/75 coins per sport 50/150 coins per year
    Pledging to Quit Smoking	150 coins
    Drinking 3-4 litres of Water Daily	50 coins per month 200 coins per year
    Downloading Wellness Application	150 coins
    Referring USGI Policy to a Friend	100 coins per referral 300 coins per year
    Sum Insured Enhancement	100 coins

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