Health Insurance is one such insurance product that comes with diverse riders and benefits because there are so many variants.
To buy the best health insurance plan, you must compare among the top 10 health insurance companies in India. Theses companies assure you and your family of a healthy and prosperous future.
With a health insurance policy, you need not worry about hospitalization expenses and medical bills. In this article, we have listed the best health insurance companies in India, 2021, that stand superior to specific parameters.
Importance Of Health Insurance As Per Health Insurance Companies In India
Medical care can burn a hole in your pocket, especially in the private sector. Hospitalization becomes more challenging and expensive if you are the sole breadwinner of the family. Therefore, it is essential to buy a health insurance policy for you and your family.
An acceptable health insurance policy can help you cover various expenses up to some extent.
Benefits Of Buying Health Insurance:
- Cashless treatment – If you are insured, then you can get cashless treatments at hospitals as the insurance company is in collaboration with various hospitals.
- Pre and post-hospitalization coverage – Health insurance policy also covers pre and post-hospitalization charges up to 60 days. It mainly depends upon the insurance plan bought.
- Transportation Charges– Insurance policy also covers the amount paid to the ambulance towards the transportation of the policyholder.
- No Claim Bonus– This is the bonus element that needs to be paid by the insured if the insured doesn’t file any claim in the previous year.
Top 10 Health Insurance Companies In India 2021
- Apollo Munich Health Insurance Company Limited – Apollo Munich Health Insurance Company Ltd. is a joint venture between Apollo Hospitals Group and Munich Health. The company carries an outstanding record and has been preferred by most healthcare experts. Moreover, it offers a wide array of health insurance products to meet the needs of different customers. The company has brought portability and lifetime renewals benefits in the existing policies.
- Star Health & Allied Insurance Company Limited – Star Health & Allied Insurance Company Ltd. is a joint venture between ETA Ascon Group, Oman Health Insurance Company, and a few veterans. The company deals in health insurance, personal accident as well as travel insurance. It has come up with a wide range of insurance products for protection to HIV and Diabetes patients.
- Max Bupa Health Insurance Company Limited – Max Bupa Health Insurance Company is a joint venture between Max India Ltd. and Bupa Finance PLC. It is the best-known health insurance companies among the top 10 health insurance companies in India, 2021. It offers a wide array of insurance products to individuals of all ages and income groups.
- ICICI Lombard General Insurance Company Limited – ICICI Lombard General Insurance Company Ltd. offers the best health advantage among all the top health insurance companies in India. It provides full coverage of expenses incurred during a medical emergency. It offers free health check-up, cashless hospitalization, emergency ambulance, free look period, the tax benefit, and many more.
- Religare Health Insurance Company Limited – Religare Health Insurance Company Ltd. is that company that safeguards you and your family in case of a medical emergency. It is a joint venture between Religare Enterprises Ltd., Corporation Bank, and Union Bank of India. The company has set a benchmark among the best health insurance companies in India, 2019.Health
- Cigna TTK Health Insurance Company Limited – Cigna TTK Health Insurance Company is a joint venture between Cigna and TTK. Launched in 2014, it is a new company in the Indian insurance market. The company immediately became a part of the best health insurance companies in India, 2019. It offers a diverse range of products to meet the health insurance needs of the individual and family.
- Bajaj Allianz General Insurance Company Limited – Bajaj Allianz General Insurance Company Ltd. is a joint venture between Bajaj Finserv and Allianz SE. The company offers some best health products such as Health Guard, Star Package, and Silver Health. Moreover, it was the first company to provide captive TPA services along with certain benefits.
- New India Assurance Company Limited – New India Assurance Company Ltd. is a wholly government-owned company founded in 2020. It operates in more than 22 nations and possesses around 2097 offices in India and is also known for its Mediclaim policy and offers some best products at a low price. New India Assurance Company Limited is one of the best among all the top health insurance companies in India.
- Oriental Insurance Company Limited – Founded in 1947, Oriental Insurance Company Ltd. is a government-owned company that offers various healthcare products. The effects of this company are designed in such a way to cater to the needs of rural and urban India. The best thing about this company is that one does not require a medical examination for up to 60 years.
- National Insurance Company Limited – National Insurance Company Ltd. is wholly owned by the government. It offers a wide range of insurance products such as health, motor, fire, and personal insurance. It is one such company that provides the best health insurance coverage among the best health insurance companies in India, 2021.
You can avail of the best health insurance plans by comparing different insurance companies at Udta Paisa. Contact Udta Paisa because it has a tie-up with the top 10 health insurance companies in India, 2021. Thus it is challenging to choose the best insurance plan as all insurance companies offer similar programs. You don’t need to stress. While selecting the insurance plan, you need to focus on some essential factors like Sum Assured, Minimum Entry Age, and renewability clause Room Rent Capping Inclusion and Exclusion.