5 Affordable Health Insurance Plans In India

Health insurance plans have gained immense importance over the past few years due to the rapid rise in inflation. Due to the inflation rise, the basic cost of medical treatments increased thus resulting in the exhaustion of the financial savings of the people. A health insurance policy compensates for the medical bills of the policyholders at an affordable premium rate and helps them in overcoming the tough times like a medical emergency without worrying about the monetary constraints. A health insurance policy should be bought with a long term mindset and therefore it is wise to analyze your requirements before investing in a particular health insurance plan.

There are a plethora of health insurance plans in the insurance market, but to choose a suitable one for yourself is quite a task. To overcome this hectic task of choosing an apt health insurance policy for yourself and your loved ones, you must compare the features and benefits of the various options over the internet. For a plan to be suitable for you, it must meet your certain requirements like affordability, comprehensiveness, effectiveness, and much more. Based on these factors you can narrow down your options and then invest your finances in the best health insurance plan.

5 Affordable Health Insurance Plans In India

Let us look at some of the most affordable health insurance plans that are available in the Indian insurance market for the policyholders:

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1. Care Health Insurance Plan

This is a general health insurance cover by Care health insurance and it offers a claim amount ranging upto Rs. 6 Crores. Apart from the basic medical dues, this plan offers its policyholders the benefit of automatic recharge of the claim amount in case of complete exhaustion. As a value added benefit, a second medical opinion is offered in case of critical illnesses. With the help of its wide network of linked hospitals, this cover offers cashless claims and quality treatments to the policyholders.

2. ICICI Lombard Complete Health Insurance Plan

Under this cost-effective health insurance plan by ICICI health insurance, no pre medical health checkup is required for people up to the age of 45 years. This plan can effectively compensate for all your medical bills and it offers various benefits like hospitalization expenses, no claim bonus, cashless claims, tax deduction, etc. to the policyholders. Accumulated benefits are a part of the plan, under which 10% of the claim amount is added to the plan for every claim-free year within the policy tenure.

3. Star Health Family Optima Plan

This is a family floater health insurance plan that is offered by the Star health insurance company to compensate for the medical expenses of your entire family under a single cover. This comprehensive plan can cover you along with your spouse, children, and dependent parents. Apart from the basic benefits of the plan, this cover offers free preventive healthcare checkups for each and every member of your family, after every claim-free year. This plan offers a sufficient claim amount at an affordable premium rate to you and your loved ones.

4. Reliance Infinity Health Insurance Plan

This flexible and extensive health insurance plan by Reliance health insurance can cover up to 8 members of a family. Under the plan, an added insurance coverage can increase the claim amount up to Rs. 30 Lakhs.

5. Aditya Birla Activ Health Premium Enhanced Plan

This plan by Aditya Birla health insurance company can compensate for the medical expenses of both the individuals and the families. The plan provides a one day coverage for medication and diagnosis for cases like that of the critical diseases. It ensures quality treatment to the policyholders and offers them a quality room during hospitalization overcoming the monetary constraints.

Conclusion

An affordable health insurance plan must be comprehensive in its coverage and should not compromise with the quality of services that are provided to you. To ensure the coverage of the plan, you must carefully go through its terms and understand the plan to avoid any inconvenience and confusion while claiming the plan.

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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.