10 Best Medical Insurance Policies in India

Health is wealth!  India’s vast insurance sector offers an array of health insurance policies to cover the medical expenses of the insured. Health or medical insurance plan covers the comprehensive medical costs of an individual. In case of unfortunate times with hefty medical expenses, health insurance is the savior! It provides the risk coverage during medical emergencies. Health insurance companies are responsible for paying the treatment charges on behalf of the patient. They ensure to pay full or a part of the hospitalization charges in exchange for a certain premium payment. Such companies tie up with the hospitals for reimbursement and claims processes.

If you are someone who has a medical insurance policy, then you are entitled to adequate medical help during emergency like a cancer situation. Thus, one does not have to worry about financial expenses and medical costs.

There are many medical insurance policies offered by an array of companies in India. Some of the best medical insurance policies in India are:


Star Health Senior Citizen Red Carpet

As you grow in age, the complexity in buying a health insurance increases. Star Health has come up with an amazing medical insurance plan to help the old aged people. It lays emphasis on the people aged between 60-75 years. This plan covers the cost of drugs and blood, oxygen, pacemaker, ICU expenses and other hospitalization expenses. There is no need of medical screening under this plan.


Star Health Cardiac Care

As per the research, more than 32 million people in India are suffering from cardiac issues. Start Health has introduced a plan named Star Cardiac Care that is completely designed for the cardiac patients. It is offered in two variants, Silver or Gold. The cardiac patients aged between 10-65 years can opt for this policy. This policy states that all the patients have to undergo medical screening at an initial level. All the in-patient hospitalisation and treatment costs are covered under Star Health Cardiac Care.


Apollo Munich Optima Restore

Unlike other health plans, Apollo Munich makes sure to provide full coverage to the patients. Apollo Munich Optima Restore actually restores the basic sum assured even if it is exhausted before the end of term. It does not increase the premium rate. This policy makes sure to cover overall in-patient, pre and post hospitalization expenses, domiciliary treatment and so on.


ICICI Lombard Complete Health Insurance – iHealth Plan

ICICI Lombard Complete Health Insurance – iHealth offers a comprehensive coverage of all your family members- spouse, self, parents, dependent kids, brothers, sisters etc. This policy was recognised as Product of the Year in 2013. There are certain features that are covered under it-

Free health check-up (twice an year)

Dietician & nutritionist consultation

Lifelong renewal (no age limit for renewal)

Online doctor chat

Value added services

15 days grace period

Covers comprehensive in-patient hospitalisation expenses, etc.


Max Bupa Heartbeat

It is a family oriented health insurance plan that encompasses unique features. These include inbuilt maternity benefits, no lower or upper cap on the entry age, new born benefits and so on. It is categorised into three variants – Silver, Gold and Platinum. It provides you with all your personal as well as family protection. It allows you to cover approximately 13 relationships under one single policy.


Religare ‘Care’ – Health Insurance Policy

It is one of the most lucrative and ideal medical policies that extend the upper cap of sum assured up to 60 lakhs. There is no maximum entry age limit for the insured. It offers cashless treatments and daily allowances followed by ambulance allowance.


New India Assurance Janata Mediclaim Policy

New India Assurance is a leading and trusted name in the field of insurance. The Janata Mediclaim Policy offered by them is the most feasible health policy. It provides an array of amazing discounts. Bonuses and discounts offered include Cumulative bonus, Loyalty discount, Ayurvedic/Homeopathic and Unani system of medicine, etc. Under this policy, all your in-hospitalization expenses are covered.


Bharti AXA Smart Health

Bharti Axa Smart Health is one of the most unique and profitable health insurance plans in India. It offers a wide range of useful and exclusive features such as inbuilt critical illness benefit and other value added benefits. Bharti AXA Smart Health covers 20 critical illnesses.

The Salient Features of this Policy are:

Domiciliary hospitalization

Transplantation of organs

Transplantation of organs Roman

Out-patient emergency treatment for accidents

Transportation of mortal remains, etc.


Oriental Insurance Happy Family Floater

If you are someone who wants to enjoy ample of valuable add-ons and discounts, then this is the perfect medical insurance policy for you! With Oriental Insurance Happy Family Floater, you get a complete family cover. It has two variants, Silver and Gold.

The Salient Features of this Policy are:

Daily hospital cash allowance (for gold plan)

Personal accident add-on (including death and disability)

Attendant allowance (for gold plan)

Discount in premium if TPA services are not opted, etc.


L&T my: health Medisure Prime Insurance

Recognised as the product of the year in 2012, my: health Medisure Prime from L&T Insurance offers every possible feature that you might be looking for in a medical insurance policy! It offers an array of benefits such as New born benefits, maternity benefits, unlimited day care procedures and so on. If you are looking forward to invest in a good and worthy medical policy, this can be the one for you!

Thus, these are the top ten medical/ health insurance policies appreciated by majority of people in India. By going through and comparing the features and benefits of all, you can make an informed decision as per your needs and budget. Make an intelligent choice and cove your risk of any medical contingency!

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Mani Karthik

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