Almost all of us have fallen ill at some point of time or the other during our adulthood when parents aren’t around to take care of us. We have had to drag ourselves to the doctor, go to the hospital for getting a check-up done, buy medicines and do whatever’s needed to drive the illness away. Anyone who has done all of this or any of this would be well aware just how expensive medical care has become now. A minor bout of flu can set you back by a few thousands. If you have contracted a slightly more serious illness like typhoid or malaria which occasionally do rounds, a hefty chunk of your savings will be spent on getting multiple blood tests and all other types of tests for purpose of diagnosis. Following next are multiple doctor visits and pharmacy trips to ensure that the illness has completely left your body.
Considering the ever-increasing medical care costs, it has become a necessity to purchase health insurance in today’s times to not just preserve savings, but also get access to quality healthcare at times it is most needed. Health insurance is fortunately a flourishing industry in India and there is no dearth of options available. There is a variety of plans available to suit different needs at different price points. However, the sheer choice that is available has given rise to another problem i.e. which plan or company is the best choice? If you too are looking to purchase a health insurance plan for yourself or your loved ones, here is a list of some of the top companies that offer such plans in today’s times.
ICICI Lombard Health Insurance:
ICICI Lombard is one of the top names on the list of health insurance providers in India which boasts of a widespread network of more than 3,200 hospitals. Not only that, the insurer also boasts of having one of the fastest claim settlement turnaround times in the industry. ICICI Lombard offers some well-appointed health insurance policies which provide protection even when you are overseas. They offer policies for individuals and families.
Star Health Insurance:
Star Health Insurance holds the distinction of being India’s very first stand-alone health insurance company. Currently, the health insurance company operates via a network of more than 290 branch offices and 7,000+ network hospitals which are located across the country. With a cashless claim approval rate of 90%, Star Health is one of the few health insurance providers which holds the record of having the fastest claim turnaround time, which is, within one hour of the claim being raised. Also, there is no separate TPA (third party administrator) involved in the process, which has helped up the customer satisfaction element. The claim settlement process of the insurer is simple, and uncomplicated, which further adds to their qualities.
HDFC ERGO Health Insurance:
Another name on this list is that of HDFC ERGO, one of India’s leading general insurance provider which offers a number of attractive features such as an enhanced No Claim Bonus, facility of cashless hospitalization, more than 5,000 network hospitals located across the country, multiple payment options, etc. Furthermore, the insurer also offers a number of added benefits with their policies such as discounts at select diagnostic centres, pharmacies, doctors/OPD, blood banks, ambulance services, wellness centres, etc.
Apollo Munich Health Insurance:
The Apollo Munich Health Insurance Company is one of the best health insurance provider in India which was established following a partnership between the Apollo Hospitals Group, Asia’s leading healthcare provider, and Munich Health, an internationally acclaimed health insurance provider. Apollo Munich is one of the most trusted and reliable names in the Indian health insurance segment owing to several reasons. The insurer boasts of a 90% approval rate for their cashless claims which are processed within a short span of 2 hours. The insurer also offers high degrees of customer satisfaction, given that nearly 80% of their customers renew their policies. The insurer offers a wide range of health insurance plans for individuals, families and also senior citizens.