Compare Health Insurance Plans

Health insurance comparison saves you time, money, and effort. Compare health insurance plans based on coverage, inclusions, exclusions, premium, and claim settlement ratio to select the most suitable plan.

Your good health is crucial to succeeding in life. But, a sedentary lifestyle, pollution, hunching on junk food, and work stress can deteriorate your health in the coming years. Rising medical inflation and skyrocketing treatment costs can also burn a hole in your pockets. Therefore, comprehensive medical insurance is a need for an hour. It is imperative to choose a health insurance plan that caters to your and your family's healthcare needs and does not impair your financial security. Considering all the concerns, Care Health Insurance has developed exclusive health insurance plans that give you maximum coverage at an affordable premium. Here you can read how to compare health insurance plans and choose what best suits you and your family's healthcare needs:

Why Should You Compare Health Insurance Policies?

We understand that different people have different healthcare needs; that's why we offer many health insurance plans. But you should pick your right match wisely. Medical insurance comparison helps you to know:

Age Criteria: If you compare the policies, you can get an idea about the age criteria. It will help you pick the plan that suits your age and gives you lifelong coverage.

Wide Range of Coverage: With mediclaim policy comparison, you can check which policy offers a wide range of coverage as per your healthcare needs.

Affordable Premium: You can compare the premium of various plans and choose the most affordable and cheap health insurance plans.

Inclusions & Exclusions: Too many options can confuse you. Knowing the policy inclusions and exclusions is better to ensure timely claim settlement.

Additional Benefits: While comparing the plans, you can also know about additional benefits such as no claim bonus, automatic recharge, renewability, etc., to enhance the policy coverage.

Number of Ailments: Different plans cover different ailments; like our critical illness insurance covers 32 critical illnesses, whereas heart mediclaim covers 16 ailments. So, go for the policy according to your healthcare needs.

Discounts: Comparison helps you know what kind of discounts you can get on policies. You can reduce your premium if you get a discount on your purchase.

How to Compare Mediclaim Policy?

It is possible to compare health insurance policies in two different ways. Either choose the time-consuming, offline procedure of going to the insurers' offices and meeting agents to compare policies or use the cutting-edge, online process. The easiest way to compare health insurance plans is online, so if you're wondering how to do that, read the steps for online health plan comparison.

• Step 1: Go to the website of the health insurer, like https://www.careinsurance.com/
• Step 2: Enter your mobile number and click on the ‘View Plan’ button or similar options on other insurer's websites.
• Step 3: Fill in the details of members you want to insure, DOB, Pincode and other asked information correctly and click on ‘View Quote’.
• Step 4: Customise your policy as per your requirement by choosing policy tenure and sum insured options.
• Step 5: Select any add-on you want to opt for with your base policy, like ‘Instant Cover’ or ‘PED Wait Period Reduction’ if needed.
• Step 6: Write down the final quote amount, insurers review, claim settlement ratio, number of network hospitals and various data provided on the website.
• Step 7: Repeat the same process on different insurers' websites to generate a quote, note it down and compare health insurance plans for family and individuals.
• Step 8: You now have all the required information to make a health insurance plans comparison and choose a plan best suited to your need.

Consider these Factors to Compare Health Insurance Policy Online

Check below how you can compare health insurance policies online:

Type of Health Policy: Health policies differ in terms of benefits, premium, discounts, etc. So, pick the plan according to its type, such as individual or family health insurance, mediclaim, etc., that best suits your healthcare requirements.

Comprehensive Coverage:  Whether it is hospitalisation, medication, or treatment, your policy should give you extensive coverage. So, check what all policy covers and what they do not cover to ensure the right coverage.

COVID-19 Cover: Look for the plan that offers COVID-19 cover as well. We offer coronavirus coverage, including treatment and quarantine expenses. You can check the terms and conditions of our plans for more details.

Compare Premium: Use the health insurance premium calculator available online to compare medical insurance policies. Health insurance premium comparison is the best way to pick the plan that suits your pocket.

List of Network Hospitals: Before you say yes to the policy, look at the number of hospitals empanelled with the company. We have 11400+ network hospitals that allow you to choose the hospital near your residence.

Sum Insured: Sum Insured varies from plan to plan. You should work on this and pick the plan that offers sufficient Sum Insured to ensure full coverage.

Automatic Recharge: If you face hospitalisation for more than one disease in a year and the existing Sum Insured gets exhausted, you can get automatic recharge. So, compare the policies' features and opt for the one that gives you this benefit.

Lifelong Renewability: Find out which plan offers you lifelong renewability. It is beneficial when you grow old. You can continue the same policy with break-free renewals.

Waiting Period: It is the duration when you cannot claim. You have to wait for the completion of the waiting period ranges from 30 days to 24 months. Thus, go for the policy that offers you a minimum waiting period.

Sub Limits: It is a pre-defined capping on medical expenses under the policy. A policy with no sub-limit comes with a higher premium, so opt for the plan accordingly.

Daycare Treatments Cover: Thanks to medical advancement. You can get the daycare treatments without getting hospitalised for 24 hours. Therefore, check the policy that covers maximum daycare treatment too.

Annual Health Check-Up: If you want to keep track of your health. Annual health check-up helps you a lot. We also offer annual health-check up under policy coverage. You can check the details and opt for it.

Add-Ons: Add-On benefits under the policy helps you to increase its coverage. Reduction in wait period, Care Shield, OPD Care, COVID Care, No Claim Bonus Super, and more are the add-ons we offer along with the policy.

Organ Donor Cover: Organ transplant is not easy. But, if the policy covers its expenses, it means half the battle is won. So, check if the policy offer coverage for an organ transplant.

Claim Settlement Ratio: For timely claim settlement, invest in a company with a higher CSR. It shows the reliability of the company in settling the claims. We have 95.2% CSR# that ensures hassle-free claim settlement.

Tax Benefits: With health insurance, you can save your health and wealth. A premium paid against the policy gets tax exemption up to Rs.1,00,000 as per section 80D of the Income Tax Act. Also, check if you will get the tax exemption certificate.

Why Compare Health Insurance Plans Online?

Comparing health insurance plans online in India can be very helpful when choosing the best policy. Here are some key advantages of medical insurance comparison online:

• Wide Range of Options: The online platform provides access to various health insurance plans from different insurance providers. You can explore and compare numerous options in terms of coverage, benefits, and premiums.
• Convenience: You don't need to visit multiple insurance offices or contact agents individually. You can easily compare health insurance plans from the comfort of your home. The online comparison provides benefits that simplify the process of purchasing your policy.
• Transparency: Online platforms provide detailed information about each policy, like inclusions, exclusions, waiting periods, claim processes, etc. You can understand the policy better and make the best choice.
• Time-Saving: Online comparisons are quick and efficient. Within a few minutes, you can compare the features, costs, and coverage of multiple health insurance policies, helping you to make a well-informed decision without investing too much time.
• Customer Reviews and Ratings: You can read customer reviews and ratings for various health insurance plans. These reviews can provide valuable understanding and feedback from other policyholders, helping you measure the service of your chosen insurance provider.
• Ease of Customisation: Online comparison tools often allow you to customise your search based on coverage type, sum insured, age, and pre-existing conditions. You find plans that are tailored to your specific needs.
• No Pressure Sales Tactics: When comparing health insurance plans online, you are not pressured by any sales agents. You can consider the options at your ease and make an unbiased decision that suits your needs.
• Understanding Policy Terms: When comparing plans online, you can take your time to read and understand the policy terms and conditions in detail. You can minimise the risk of purchasing a policy that does not cover important factors of your healthcare needs.

What Happens When You Don't Compare Health Insurance?

Opting for health insurance without comparison is like shooting an arrow in the dark. You need to find out whether the policy actually serves your purpose. Therefore, comparing health insurance is crucial. If you avoid it, you may face the following consequences:

• Chances of buying a policy mismatch to your healthcare needs
• Higher premium for the basic health insurance
• No add-on benefits to boost the policy coverage
• No discounts or additional benefits
• Claim rejection due to less information about policy terms and conditions
• Get into the trap of false promises

Nutshell

Comparing health policies is crucial before buying. It will help you pick the right plan and ensure you get the maximum benefits out of it.

^Annual premium for product 'Care' and 'Care Shield (add on)' is Rs. 6160/-(excl. GST) for 1 adult falling under the age bracket 05-24 years, 1 Adult 18-24 age group 3 Yr with NCB Super (Add-on).