Best Health Insurance Policies In India in 2023

The year 2022 will end soon. If you haven’t bought a health insurance policy yet or are looking to port your existing health insurance plan, let’s take a look at some of the best health insurance policies in 2023.

Depending on the level of coverage selected and the premium paid, health insurance plans provide coverage for a range of medical expenses for the insured.

You should be aware of a health insurance plan’s terms, benefits, and exclusions before selecting one. The list of the top health insurance plans accessible in India in 2023 is provided to you in this article.

To choose the best health insurance plans in India, we adhered to the following criteria in order

• Provision of a seamless cashless claim facility.

• Includes some of the best hospitals in the area in their network hospitals.

• A robust claim assistance system with the resolution of claims within a month.

• The company must have a ‘respectable’ claim settlement ratio. High claim settlement is not usually a sign of reputation as a much lesser amount may be paid to insured to settle maximum claims.

• Should have a range of add-ons to increase the value of the insurance.

Below are some of the best health insurance policies in India in 2023

1. Niva Bupa Health Premia Policy

This health insurance plan is one of the most comprehensive health insurance policies in India and comes in three variants i.e. silver, gold and platinum. The sum insured amount ranges from INR 5 lakh to INR 3 crore, depending upon which variant the insured selects. The yearly premium starts from INR 12,488. Let’s find out what features are covered in the Health Premia policy:

Key Features:

• Covers costs of 90 days before you get hospitalized and 180 days post-discharge.
• Coverage of daycare treatment costs such as dental, ENT, etc.
• Inbuilt travel insurance which includes coverage related to loss of checked-in baggage or trip cancellation and more.
• Under the gold and platinum plan, the insured gets international coverage of INR 30 lakh and INR 1 crore per person, respectively.
• Provides coverage for the treatment of new age diseases like laser or robotic surgeries.
• All policyholders are covered for maternity costs and are not required to pay additional premiums to cover their newborn until the first policy year. Maternity coverage for varied plans is as follows:

1. Silver Plan- Coverage up to INR 60,000 per person

2. Gold Plan- Coverage up to INR 1,00,000 per person

3. Platinum Plan- Coverage up to INR 2,00,000 per person (worldwide)

• Health check-ups and diagnostic tests are covered from day one of the policy. The limit of each plan are as follows:

1. Silver Plan- Coverage up to INR 1,875 per person

2. Gold Plan- Coverage up to INR 7,500 per person

3. Platinum Plan- Coverage up to INR 10,000 per person

Optional Features:

• Hospital cash coverage up to 30 days of hospitalization, if the insured is admitted for more than two days.
• Add-on coverage of personal accidents and critical illnesses.
• The insured can avail of insurance even in the U.S. and Canada.
• Option to increase the sum insured by 20% per year with a maximum limit of up to 200% of the expiring base sum insured, irrespective of a number of claims settled.

Eligibility of Niva Bupa Health Premia Policy

• Niva Bupa Health Premia Policy can be issued to an individual person, a family (family floater) and/or extended family as well.
• The entry age for adults under the health premia policy has to be from 18 to 65 years. The entry age for dependent children is from 91 days to 30 years in a family floater plan of the policy.
• In a family floater policy, persons insured are husband, wife and a maximum of 4 children.
• If you opt for a Family First Plan, it offers coverage for up to 19 relationships with an individual sum insured for everyone in the family, and a combined sum insured that can be availed by any family member. 

2. Niva Bupa ReAssure

Niva Bupa ReAssure is a comprehensive health insurance plan that comes with an unlimited reinstatement benefit. It has a family floater plan as well as an individual plan option. One of the prominent features of this plan is that it covers non-payable expenses too through their cashless facility. The USP of the ReAssure plan is the reinstatement of the sum insured for any kind of illness or the policyholder is covered for an infinite number in the same year. Meaning, if the policyholder is admitted for a particular illness for an infinite number of times, the expenses will still be covered and the sum insured will be restored even after the first claim was triggered. 

Key Features of Niva Bupa ReAssure Health Insurance Policy

• Can avail health checkup immediately, right after the purchase of the policy.
• Cashless claim processing in just 30 mins
• Doubles the sum insured in 2 claim-free years with same premium
• Inpatient care without any room rent capping
• Insurance coverage up to Rs.1 crore
• Get up to 30% renewal discount based on the number of steps taken through Niva Bupa Health App (Google Play & Apple App Store)

For full details, visit our webpage on Niva Bupa ReAssure.

3. Aditya Birla Active Assure Diamond Plan

Activ Assure Diamond Plan is a health insurance plan powered by Aditya Birla Health Insurance (ABHI). Aditya Birla has designed this plan with the objective to safeguard your family during a medical crisis as well as to assure that you attain a healthy living ahead. The company under this policy provides comprehensive health care coverage to policyholders ranging from regular medical checkups to hospitalisation care with various incentives in the form of cashback, that will be credited to his/her health account, with which policyholders can earn up to 30% of the premium amount.

In addition to this, in this plan, Aditya Birla also offers a health coach or wellness coach by providing tips and coaching through an online chat service and a call-back service. With this programme, experts guide and motivate insured members to lead a fit and active lifestyle.

Key Features

The Activ Assure Diamond Plan possesses several exciting benefits that promise to deliver the utmost care. The health insurance policy works on a comprehensive approach due to which it tends to deliver several value-added services and optional covers as well. It provides all the basic features such as in-patient hospitalisation, pre-hospitalisation and post-hospitalisation cover, vaccination expense coverage etc., but includes several major attractions as well, which are as follows:

• Availability of free health check-up
• Coverage for 586 listed daycare procedures
• Domiciliary hospitalisation expenses are covered
• The cost incurred on the Ayush treatment is covered
• The second opinion for 15 critical illnesses is available
• Expenses of an organ donor are covered up to the sum insured
• Reload of the sum insured by 150% is allowed, if the sum insured exhausts
• International and domestic emergency assistance services are available

4. Care Health Care Plan

Care Health Insurance Policy is an indemnity-based medical insurance policy that reimburses medical expenses incurred during the policy term. The policy comes with a variety of sum insured options starting from as low as Rs. 5 Lakh going up to Rs. 6 Crore that you can choose as per your own requirement. You can buy this policy on an individual or family floater basis to avail of comprehensive coverage for treatments, critical illnesses, daycare procedures, annual health check-ups, etc. The minimum entry age to buy this policy is 91 days, whereas there is no maximum age to be enrolled under it. If your age is 61 years or more, then you will be provided with an option to choose for co-payment of 20% for every admissible claim, and the rest will be paid by the health insurance company. The policy is renewable for a lifetime.

If covered under the policy, you can avail several coverage benefits some of which include in-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, daycare expenses, ambulance cover, domiciliary hospitalisation expenses, maternity cover, alternative treatment, second opinion, annual health check-up, organ donor cover, etc.

Key Features

As far as the inbuilt coverage benefits are concerned, the plan offers almost every feature. You would find coverage for pre hospitalisation, post hospitalisation, inpatient hospitalisation, domiciliary treatments, organ donor expenses, AYUSH coverage as well as coverage for a medical second opinion, free health check-ups for all members, etc. Along with these, you would also find coverage for the following benefits –

• The sum insured is restored if it gets exhausted in any policy year. This restoration is available up to the full basic sum insured.
• For higher coverage variants where the sum insured levels are also high, there is coverage for worldwide hospitalisation, maternity-related expenses, vaccination, etc.
• An international second opinion which gives you a second opinion from an international medical practitioner is also available under higher plan variants
• Global coverage which covers hospitalisation anywhere across the world is available under Global Plus plan variant
• No claim bonus increases the sum insured by 10% every year when there is no claim in the previous policy year
• Optional coverage benefit for everyday care which covers outpatient expenses
• Unlimited auto recharge which reinstates the sum insured unlimited times during a policy year is available as an add-on benefit
• Air ambulance cover and personal accident cover is also offered as an optional coverage benefit
• Along with no-claim bonus, there is an optional benefit of no claim bonus super which allows a 150% additional increase in the sum insured

5. Bharti AXA Smart Super Health Plan

Bharti AXA Smart Super Health policy is a product launched by Bharti AXA with added features and more flexibility to provide customers’ relief from rising medical costs and cover their varied needs. This medical insurance caters to the need of a larger audience covering up to five family members, including the policyholder. The entry age for an individual range from 5 years to 65 years whereas the children between 91 days and 5 years can be covered under the policy, provided the parents are insured. The policy can be chosen for a period of 1 year, 2 years and 3 years. With evolving needs, one can even modify the policy, such as maternity benefit can be added on later.

The plan comes with the coverage benefit of alternative treatment, air ambulance transport, and organ donor expenses among many others. There is no capping on the room rent, and the patient can choose any room for treatment at the hospital. The plan comes in three variants i.e. Value, Classic and Uber. One can choose an optimum sum assured as per the choice of the variant.

Key Features

Smart Super Health Insurance has been specifically designed to cater to the diverse medical needs of families that require extensive coverage. If your medical requirements include coverage for room rent, pre-hospitalisation, post-hospitalisation, day care treatment, AYUSH treatment, organ donor expenses, domiciliary hospitalisation, and health check-up, this policy would definitely meet your requirement perfectly. Talking about other prime benefits, the list includes- 

• ​Domestic air ambulance (Uber variant only)
• Restoration of the sum insured, up to 100% of the sum insured
• Emergency Surface Ambulance Charges of Rs. 3000 per event 
• Add-on of Hospital Cash Allowance; as per the variant opted for
• Convalescence Benefit (available in Classic and Uber variants)
• Optional cover for maternity benefits and newborn baby expenses 
• Vaccination expenses in case of animal bite (available in Classic and Uber variants)
• Out-patient Dental Emergency Treatment (accidents only) – Available in Uber variant
• Out-patient Emergency Treatment for Accidents (available in Classic and Uber variants)
• Add-on of critical illness where the critical illness sum insured opted should not be more than the sum insured