Hyderabad June 21, 2024
Comparing Health Insurance Plans: Selecting the right health insurance plan is crucial for ensuring that you and your family are protected against unexpected medical expenses. With numerous plans available in the market, it can be overwhelming to choose the best one. In this article, we will compare various health insurance plans from leading providers, highlighting their key features, coverage amounts, premiums, and other important factors.
Here’s a comprehensive table summarizing the features and pricing of the health insurance plans you provided:
| Insurance Company | Plan Name | Cover Amount | Cashless Hospitals | Monthly Premium | Annual Premium | No Claim Bonus | Restoration of Cover | Room Rent Limit | Claims Paid (within 3 months) |
|---|---|---|---|---|---|---|---|---|---|
| Care Health | Care Supreme – Value | ₹7 Lakh | 379 | ₹800 | ₹9,599 | ₹3.5 lakh Renewal Bonus | Unlimited | Single pvt AC Room | 100% |
| Niva Bupa | ReAssure 2.0 Bronze+ | ₹5 Lakh | 376 | ₹1,116 | ₹13,388 | ₹5 lakh No Claim Bonus | Unlimited | No Room Rent Limit | 99.1% |
| Star Health | Smart Health Pro | ₹5 Lakh | 524 | ₹1,106 | ₹13,266 | ₹2.5 lakh No Claim Bonus | Once a year | Single pvt AC Room | 99.4% |
| Aditya Birla | Activ One Economy | ₹5 Lakh +5L | 416 | ₹890 | ₹10,677 | ₹5 lakh Renewal Bonus | Unlimited | Single pvt AC Room | 98.5% |
| HDFC ERGO | Optima Secure | ₹5 Lakh +5L | 465 | ₹1,402 | ₹16,815 | ₹2.5 lakh No Claim Bonus | Once a year | No Room Rent Limit | 97.1% |
| ICICI Lombard | Elevate | ₹5 Lakh | 400 | ₹1,118 | ₹13,415 | ₹1 lakh No Claim Bonus | Unlimited | Single pvt AC Room | 98.7% |
| Reliance | Health Gain | ₹5 Lakh | 476 | ₹871 | ₹10,451 | ₹1.66 lakh No Claim Bonus | Once a year | Single pvt AC Room | 96.6% |
| Bajaj Allianz | Health Guard Family Floater | ₹5 Lakh | 392 | ₹1,761 | ₹21,121 | ₹50,000 No Claim Bonus | Once a year | Single pvt AC Room | 99.9% |
| ManipalCigna | Prime – Advantage | ₹5 Lakh | 430 | ₹1,438 | ₹17,245 | ₹1.25 lakh Renewal Bonus | Unlimited | Single pvt AC Room | 93.6% |
| Tata AIG | Medicare Premier | ₹5 Lakh | 384 | ₹1,710 | ₹20,520 | ₹2.5 lakh No Claim Bonus | Once a year | No Room Rent Limit | 86.3% |
| National Insurance | Parivar | ₹5 Lakh | 173 | ₹1,629 | ₹19,537 | Zero | None | ₹5000/day | 96.1% |
| DIGIT | Super Care Option | ₹5 Lakh | 642 | ₹844 | ₹10,117 | ₹25,000 No Claim Bonus | Once a year | No Room Rent Limit | 92.9% |
| New India Assurance | Yuva Bharat Gold | ₹5 Lakh | 489 | ₹1,450 | ₹17,392 | ₹50,000 Renewal Bonus | Once a year | Single pvt AC Room | 96% |
| Royal Sundaram | Next Gen | ₹5 Lakh | 451 | ₹1,039 | ₹12,464 | ₹50,000 No Claim Bonus | Once a year | Single pvt AC Room | 95.8% |
| Universal Sompo | A Plus Silver | ₹5 Lakh | 454 | ₹940 | ₹11,269 | ₹1 lakh No Claim Bonus | Once a year | No Room Rent Limit | 95% |
| SBI | Arogya Supreme | ₹5 Lakh | 508 | ₹1,631 | ₹19,565 | ₹75,000 No Claim Bonus | Once a year | Single pvt AC Room | 93.2% |
| Cholamandalam | Flexi Health | ₹5 Lakh | 452 | ₹1,380 | ₹16,557 | ₹50,000 No Claim Bonus | Once a year | No Room Rent Limit | 93.3% |
| Raheja QBE | Health QuBE Basic | ₹5 Lakh | 449 | ₹831 | ₹9,965 | ₹25,000 No Claim Bonus | Once a year | ₹5000/day | 97.3% |
| Zuno | Zuno Health Insurance | ₹15 Lakh | 454 | ₹3,466 | ₹41,581 | ₹7.5 lakh No Claim Bonus | Once a year | Single pvt AC Room | 89.4% |
| Iffco Tokio | Family Health Protector | ₹5 Lakh | 346 | ₹1,283 | ₹15,385 | ₹5 Lakh No Claim Bonus | Once a year |
Care Health – Care Supreme Value
Cover Amount: ₹7 Lakh
Cashless Hospitals: 379
Monthly Premium: ₹800
Annual Premium: ₹9,599
No Claim Bonus: ₹3.5 lakh Renewal Bonus
Restoration of Cover: Unlimited
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 100%
Care Health offers a robust plan with a high cover amount and a significant renewal bonus. The unlimited restoration of cover ensures that your coverage is replenished even after a claim, providing peace of mind in case of multiple health issues in Hyderabad.
Niva Bupa (formerly Max Bupa) – ReAssure 2.0 Bronze+
Cover Amount: ₹5 Lakh
Cashless Hospitals: 376
Monthly Premium: ₹1,116
Annual Premium: ₹13,388
No Claim Bonus: ₹5 lakh
Restoration of Cover: Unlimited
Room Rent Limit: No Limit
Claims Paid (within 3 months): 99.1%
Niva Bupa’s ReAssure 2.0 plan stands out with its unlimited restoration of cover and no room rent limit, making it a great option for those seeking flexibility and comprehensive coverage.
Star Health – Smart Health Pro
Cover Amount: ₹5 Lakh
Cashless Hospitals: 524
Monthly Premium: ₹1,106
Annual Premium: ₹13,266
No Claim Bonus: ₹2.5 lakh
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 99.4%
Star Health’s Smart Health Pro offers an extensive network of cashless hospitals and a substantial no claim bonus, making it a competitive choice for those who prioritize hospital network access.
Aditya Birla – Activ One Economy
Cover Amount: ₹5 Lakh + ₹5 Lakh Extra from Day 1
Cashless Hospitals: 416
Monthly Premium: ₹890
Annual Premium: ₹10,677
No Claim Bonus: ₹5 lakh (optional)
Restoration of Cover: Unlimited
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 98.5%
Aditya Birla’s plan offers a unique benefit of additional cover from day one and unlimited restoration, which can be particularly beneficial for families with higher health care needs.
HDFC ERGO – Optima Secure
Cover Amount: ₹5 Lakh + ₹5 Lakh Extra from Day 1
Cashless Hospitals: 465
Monthly Premium: ₹1,402
Annual Premium: ₹16,815
No Claim Bonus: ₹2.5 lakh
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 97.1%
HDFC ERGO’s Optima Secure plan doubles the coverage from day one and significantly increases it after two renewals, providing an excellent safety net for the insured.
ICICI Lombard – Elevate
Cover Amount: ₹5 Lakh
Cashless Hospitals: 400
Monthly Premium: ₹1,118
Annual Premium: ₹13,415
No Claim Bonus: ₹1 lakh
Restoration of Cover: Unlimited
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 98.7%
ICICI Lombard’s Elevate plan features unlimited restoration and a good network of hospitals, making it a reliable option for continuous coverage.
Reliance – Health Gain
Cover Amount: ₹5 Lakh
Cashless Hospitals: 476
Monthly Premium: ₹871
Annual Premium: ₹10,451
No Claim Bonus: ₹1.66 lakh
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 96.6%
Reliance Health Gain offers a competitive premium and a substantial no claim bonus, which is ideal for those looking for cost-effective coverage.
Bajaj Allianz – Health Guard Family Floater – Gold
Cover Amount: ₹5 Lakh
Cashless Hospitals: 392
Monthly Premium: ₹1,761
Annual Premium: ₹21,121
No Claim Bonus: ₹50,000
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 99.9%
Bajaj Allianz provides the highest percentage of claims paid within three months, coupled with free doctor consultation and health check-ups, adding value to their plan.
ManipalCigna – Prime – Advantage
Cover Amount: ₹5 Lakh
Cashless Hospitals: 430
Monthly Premium: ₹1,438
Annual Premium: ₹17,245
No Claim Bonus: ₹1.25 lakh
Restoration of Cover: Unlimited
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 93.6%
ManipalCigna’s plan includes cashless OPD benefits and unlimited restoration, making it a comprehensive choice for extensive health coverage needs.
Tata AIG – Medicare Premier
Cover Amount: ₹5 Lakh
Cashless Hospitals: 384
Monthly Premium: ₹1,710
Annual Premium: ₹20,520
No Claim Bonus: ₹2.5 lakh
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 86.3%
Tata AIG’s Medicare Premier plan includes global coverage, making it suitable for those who travel frequently and need international health coverage.
National Insurance – Parivar
Cover Amount: ₹5 Lakh
Cashless Hospitals: 173
Monthly Premium: ₹1,629
Annual Premium: ₹19,537
No Claim Bonus: None
Restoration of Cover: None
Room Rent Limit: ₹5000/day
Claims Paid (within 3 months): 96.1%
National Insurance’s Parivar plan, though limited in bonuses and restoration, provides essential coverage with a wide hospital network.
DIGIT – Super Care Option
Cover Amount: ₹5 Lakh
Cashless Hospitals: 642
Monthly Premium: ₹844
Annual Premium: ₹10,117
No Claim Bonus: ₹25,000
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 92.9%
DIGIT’s plan offers the lowest premium among the compared plans and no room rent limit, making it an economical choice.
New India Assurance – Yuva Bharat Gold
Cover Amount: ₹5 Lakh
Cashless Hospitals: 489
Monthly Premium: ₹1,450
Annual Premium: ₹17,392
No Claim Bonus: ₹50,000
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 96%
New India Assurance provides a balanced plan with a reasonable premium and decent hospital network coverage.
Royal Sundaram – Next Gen
Cover Amount: ₹5 Lakh
Cashless Hospitals: 451
Monthly Premium: ₹1,039
Annual Premium: ₹12,464
No Claim Bonus: ₹50,000
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 95.8%
Royal Sundaram’s Next Gen plan offers a good combination of features and affordability.
Universal Sompo – A Plus Silver
Cover Amount: ₹5 Lakh
Cashless Hospitals: 454
Monthly Premium: ₹940
Annual Premium: ₹11,269
No Claim Bonus: ₹1 lakh
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 95%
Universal Sompo’s plan is notable for its no room rent limit and a solid no claim bonus.
SBI – Arogya Supreme
Cover Amount: ₹5 Lakh
Cashless Hospitals: 508
Monthly Premium: ₹1,631
Annual Premium: ₹19,565
No Claim Bonus: ₹75,000
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 93.2%
SBI’s Arogya Supreme offers extensive hospital network coverage and a substantial no claim bonus.
Cholamandalam – Flexi Health
Cover Amount: ₹5 Lakh
Cashless Hospitals: 452
Monthly Premium: ₹1,380
Annual Premium: ₹16,557
No Claim Bonus: ₹50,000
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 93.3%
Cholamandalam’s Flexi Health plan is flexible with no room rent limit and a moderate premium.
Raheja QBE – Health QuBE Basic
Cover Amount: ₹5 Lakh
Cashless Hospitals: 449
Monthly Premium: ₹831
Annual Premium: ₹9,965
No Claim Bonus: ₹25,000
Restoration of Cover: Once a year
Room Rent Limit: ₹5000/day
Claims Paid (within 3 months): 97.3%
Raheja QBE’s plan offers one of the lowest premiums and a decent restoration policy.
Zuno – Zuno Health Insurance
Cover Amount: ₹15 Lakh
Cashless Hospitals: 454
Monthly Premium: ₹3,466
Annual Premium: ₹41,581
No Claim Bonus: ₹7.5 lakh
Restoration of Cover: Once a year
Room Rent Limit: Single pvt AC Room
Claims Paid (within 3 months): 89.4%
Zuno’s plan offers the highest cover amount with a significant no claim bonus, making it suitable for those needing high coverage.
Iffco Tokio – Family Health Protector
Cover Amount: ₹5 Lakh
Cashless Hospitals: 346
Monthly Premium: ₹1,283
Annual Premium: ₹15,385
No Claim Bonus: ₹5 Lakh
Restoration of Cover: Once a year
Room Rent Limit: No Limit
Claims Paid (within 3 months): 95%
Iffco Tokio provides a comprehensive plan with a good balance of features and premiums.
Choosing the right health insurance plan depends on your specific needs, budget, and preferences. Whether you prioritize unlimited restoration of cover, extensive cashless hospital networks, or low premiums, there is a plan to suit every requirement. Evaluate the key features and benefits of each plan carefully to make an informed decision and secure the best possible health coverage for you and your family.