Which Health Insurance Plan Is Best in India?

Which Health Insurance Plan Is Best in India?

Health Insurance must be made mandatory by the government. Health insurance is supposed to be an agreement, which undertakes responsibilities of compensation for any kinds of medical expenses if in case, the insured meets with an accident or falls in. Many insurance companies have their tie up with leading corporate hospitals. Insured can now make cashless payment to the hospital. Well, Apollo Munich health insurance offers best service when it comes to policies and disbursement.

A good policy would cover Doctor Consultation fees, cost towards miscellaneous like Syringes, IV bottles, ambulance charges, medical test and hospitalization charges. Well, Apollo Munich health insurance includes all these in their policies with a lesser premium.

Benefits of Having a Health Insurance Policy

  • Cashless Treatment

If you are insured, you need have to break your head about the payment as Insurance companies work in association with various corporate Hospital networks

  • Pre and Post Hospitalization cost coverage

Pre and post Hospitalization charges are covered within period of 60 working days by the
insurance company

  • Transportation Charges

Policy also covers ambulance charges.

  • No Claim Bonus

If insured, has done no claims in previous year, He/she gets a no claim bonus.

  • Medical Checkup

Based on your no claim bonus, they ensure you get a free Medical checkup.

How to Select the Right Insurance Policy

It is quiet difficult to choose best insurance policy, because insurers offer a same insurance plan. Hence, you should look into plan, and see to that they are offering you below listed parameters.

  • Sum assured
  • Minimum Entry age
  • Renewability clause
  • Room Rent Capping
  • Inclusion and Exclusion
  • No Claim Bonus
  • Other Benefits

HealthCare Schemes by Government of India

Now, government is more focused into HealthCare department. Rashtriya Swasthya Bima Yojana scheme was launched, to provide health insurance policy for those, below poverty line. These schemes are being implemented in India, just to make sure for those who are not able to afford an insurance policy, as Health is being bread and butter for working class people.

Some of the Health Insurance Policies in India

  • Max Bupa Health Insurance
  • HDFC Ergo Health Insurance
  • Bharti Axa Health Inurance
  • SBI Health Insurance
  • L & T Health insurance
  • Bajaj Allianz Health Insurance
  • Apollo Munich Health Insurance
  • National Health Insurance

Health Insurance Claim Process

  • Reimbursement Claim Process
  • Reimbursement claim process is a procedure where in, the insured, who has been admitted to a Hospital, has to settle all his bills post being discharged. Then, you have to collect the all the bills from Hospital and submit it to the insurer. You will get a reimbursement within 15 working days.

Hope you liked reading our blog and found valuable and useful information about Health Insurance. It is always better to get a insurance done, because we cannot predict the future. “Health is Wealth”. Thanks for reading!

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