*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
A while ago, the best way to get a healthcare insurance plan was to meet up with one of the sales representatives of a specific company who would then pitch the best features of a specific plan. The agent's usual approach is to mould their plan according to your needs and requisites to tempt you into buying that plan. But when you buy this way, you are left with a doubt in your mind that you might be missing out on other health plans that are comparatively cheaper as well as more beneficial. But online insurance portals such as Policybazaar have revamped and streamlined the entire insurance buying process. Now, finding affordable health care insurance has become superfast and super easy.
We’re sure you probably already know that medical care insurance is by no means cheap. However, there are more than one ways to get your hands on health coverage at a low price. If you want to save a big on premium, you can go basic. But if the riders are valuable and come at a little extra price, then they are worth adding to the plan. Another way to make your policy more affordable is to voluntarily go for higher deductibles and get discounts on premium.
The most overlooked health cover is the one given by the employer. At present, most of the employers get their employees covered under a group plan. However, an individual is covered only as long as he is an employee with that company. Hence, it seems that to buy a personal individual health plan cannot be compromised with.
Many insurers out there empathize with the consumers and offer low-cost medical coverage.
Insurance Companies | Health Plans | Sum Insured (Rs.) | Age Criteria |
Aditya Birla Health Insurance | Active Assure Diamond Plan | 2 Lakh- 2 Crore | - |
Bajaj Allianz Health Insurance | Health Guard Plan | 1.5 Lakh-50 Lakh | 18-65 years |
Bharti AXA Health Insurance | Bharti AXA Smart Health Assure Plan | 3 Lakh-5 Lakh | 91 days-65 years |
Cholamandalam Health Insurance | Chola Healthline Plan | 2- 25Lakh | 18-65 years |
Digit Health Insurance | Digit Health Insurance Plan | 2- 25 Lakh | - |
Edelweiss Health Insurance | Silver Health Insurance Plan | Up to Rs 5 Lakh | - |
Future Generali Health Insurance | Future Health Suraksha Individual Plan | Rs 50,000- 10 Lakh | 18-70 years |
HDFC Ergo Health Insurance (formerly known as Apollo Munich Health Insurance) | Health Optima Restore Plan | Rs 3 Lakh-50 Lakh | 5-65 years |
HDFC Ergo General Health Insurance | my: health Suraksha Silver Smart | Rs 3 Lakh-5 Lakh | - |
IFFCO Tokio Health Insurance | Heath Protector | Rs 50,000-25 Lakh | 18-65 years |
Kotak Mahindra Health Insurance | Kotak Health Premier | - | 18-65 years |
Liberty Health Insurance | Health Connect Supra Top-up | Up to Rs 1 Crore | 18-65 years |
Max Bupa Health Insurance | Companion Individual Health Plan | 3 Lakh-1 Cr. | 91 days and above |
Manipal CIGNA Health Insurance | ProHealth Plan | 2.5 Lakh- 1 Crore | - |
National Health Insurance | National Parivar Mediclaim Plus | Up to 50 Lakh | 18-65 years |
New India Assurance Health Insurance | New India Assurance Senior Citizen Medi claim Policy | 1-1.5 Lakh | 60-80 years |
Oriental Health Insurance | Individual Mediclaim Health Plan | 1-10 Lakh | 18-65 years |
Religare Health Insurance | Care Health Plan | 4 Lakh-6 Crore | 18 years & above |
Raheja QBE Health Insurance | Basic Health QuBE | 1 Lakh-2 Lakh3 Lakh-50 Lakh | 18-65 years |
Royal Sundaram Health Insurance | Lifeline Supreme Plan | 5/10/15/20/50 Lakh | 18 years & above |
Reliance Health Insurance | Health Gain Insurance Plan | Plan A- 3 Lakh, 6 Lakh, 9 Lakh | 5-65 years |
Star Health Insurance | Comprehensive Health Insurance Plan | 1 Lakh-25 Lakh | 18-65 years |
SBI Health Insurance | Arogya Premier Policy | 10 Lakh-30 Lakh | 18-65 years |
Tata AIG Health Insurance | Tata AIG MediCare Plan | 3 Lakh-20 Lakh | 5-65 years |
United India Health Insurance | United India UNI Criticare Health Insurance | 1,3,5, & 10 Lakh | 21-65 years |
Universal Sompo Health Insurance | Individual Health Plan | Up to 5 Lakh | Up to 55 years |
Disclaimer : *Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
* Kindly note that the premium differs from age to age, on whether you are taking an individual policy or a family floater and on various other factors. However, for keeping uniformity in comparison, we have mentioned the lowest possible premium under a plan. You should assume that the lowest premium is for the individual plan with the lowest sum assured for <45 yrs age group.
Aditya Birla Active Assure Diamond health plan is a comprehensive health insurance policy that offers maximum financial protection during medical emergencies.
Bajaj Allianz Health Guard insurance policy is designed to cover hospitalization expenses for both individuals as well as families.
The policy pays the policyholder for in-patient hospitalization along with the following benefits:
Chola Healthline plan comes in 4 variants i.e. Value Healthline, Freedom Healthline, Enrich Healthline, and Privilege Healthline plan.
Digit health insurance policy covers hospitalization incurred on the treatment of an illness or injury including COVID-19 medical expenses.
This health insurance policy by Edelweiss health insurance covers hospitalization expenses up to the sum insured limit.
This plan is available in 4 variants i.e. Gold, Platinum, Ruby and Topaz. In addition to the hospitalization expenses Future Health Suraksha policy also covers:
HDFC Health Optima Restore is a health insurance plan that offers wider coverage benefits with long-term coverage option up to 3-years with the following benefits:
HDFC Ergo my: health Suraksha Silver Smart is an affordable health insurance policy with sum insured option up to Rs 5 Lakh.
Iffco Tokio Heath Protector is a health insurance policy that offers medical expense cover at an affordable premium
A comprehensive health insurance plan that offers protection along with value-added benefits:
Liberty Health Connect Supra is a top-up health insurance plan to enhance the policy coverage benefits:
The policy is available in three variants with different sum insured options at an affordable price:
The policy offers a wider range of sum insured options with a cashless treatment facility in 6500 network hospitals:
The policy offers comprehensive health insurance cover at an affordable premium:
New India Assurance Senior Citizen Medi claim is a health insurance policy for people above the age of 60 years:
This is a comprehensive health insurance policy that comes at an affordable price:
Religare care health insurance plan is a comprehensive family medical policy that covers hospitalization expenses incurred due to an illness, accident or injury:
Raheja Health QuBE offers a basic health insurance plan with nominal premium:
This health insurance plan is designed for families and individuals and reduced out-of-pocket expenses:
Reliance Health Gain is a health insurance policy that helps individual and families meet their hospitalization expenses:
This health insurance policy provides coverage to individuals and families at an affordable price
SBI Arogya Premier Policy comes with a wide range of features and benefits:
Tata AIG health insurance has designed this plan for individuals as well as families. You can buy this policy for 1,2 and 3 years.
This health insurance policy covers treatment taken in an hospital and nursing home:
So, there you have it - the top 4 most affordable health care insurance plans in India. Remember, industry experts and veterans believe that buying a health plan solely based on premium is a grave mistake. So while choosing healthcare insurance, you should remember to give priority to the coverage and exclusions over the overall price of the insurance product.
Disclaimer : *Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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