Compare Health Insurance Plans

Benefits of Health Insurance Policy Comparison

When you initiate health insurance comparison in India, it can help in selecting 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 health insurance policies regarding coverage, benefits, and premiums.
• Convenience: You don't need to visit multiple insurance offices or contact agents individually. You can easily compare health insurance online 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 health insurance comparisons in India 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:  Health insurance plans comparison tools often allow you to customise your search based on coverage type, sum insured, age, and pre-existing conditions. Hence, you can find plans tailored to your specific needs.
• No Pressure Sales Tactics: When you plan to compare health insurance plans online, there are no sales tactics. You can consider the options easily and make an unbiased decision that suits your needs.
• Understanding Policy Terms: When you begin with health insurance plans comparison, ensure that you take your time to read and understand the policy terms and conditions in detail. It will minimise the risk of purchasing a policy that does not cover essential factors of your healthcare needs.

Step-by-Step Guide for the Best Health Insurance Comparison

The easiest way to compare health insurance policies 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 the ‘View Plan’ button or similar options on other insurers' websites.
• Step 3: Fill in the details of the members you want to insure, including their DOB, PIN, and other requested information, and click ‘View Quote.’
• Step 4: Customise your policy as required by choosing policy tenure and sum insured options.
• Step 5: Select any add-on you want to add to your base policy, such as ‘Instant Cover’ or ‘PED Wait Period Reduction’ if needed.
• Step 6: Write down the final quote amount, insurer's 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 families and individuals.
• Step 8: You now have all the information you need to compare health insurance plans and choose the one best suited to your needs.

How to Compare Health Insurance Policies Online?

Check below how you can compare health insurance policies online:

• Type of Health Policy: Health policies differ in benefits, premiums, discounts, etc. So, pick the plan according to its kind, such as individual or family health insurance, Mediclaim, etc., that best suits your healthcare requirements.
• Comprehensive Coverage: Your policy should provide extensive hospitalisation, medication, or treatment coverage. Comparison of health insurance plans in India will help you understand what all policies cover and what they do not cover to ensure proper 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 the plans for more details.
• Compare Premium: Use the health insurance premium calculator available online for medical policy comparison. Health insurance premium comparison is the best way to pick the plan that suits your budget.
• List of Network Hospitals: Before you say yes to the policy, look at the number of hospitals empanelled with the company. It helps you choose the nearest hospital to your location.
• Sum Insured: The Sum Insured varies from plan to plan. You should work on this and pick the plan that offers sufficient coverage.
• Automatic Recharge: You can get an automatic recharge if you are hospitalised for more than one disease in a year and the existing Sum Insured is exhausted. So, compare health insurance policy features and choose 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: This is the duration during which you cannot claim. You have to wait for the completion of the waiting period, which ranges from 30 days to 24 months. Thus, go for the policy that offers you a minimum waiting period.
• Sublimits: A sublimit is a pre-defined cap on medical expenses under the policy. A policy with no sub-limit comes with a higher premium, so after you compare health insurance policies, pick one accordingly.
• Daycare Treatments Cover: Thanks to medical advancements, you can get daycare treatments without being 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-ups help you a lot. Most insurers offer yearly health check-ups under policy coverage. You can check the details and opt for it.
• Add-Ons: Add-on benefits under the policy help 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 Care Health Insurance offers along with the policy.
• Organ Donor Cover: Organ transplantation is not a very smooth process. But if the policy covers its expenses, half the battle is won. With the help of a health insurance policy comparison, you can get a clear idea of coverage for an organ transplant.
• Claim Settlement Ratio: Invest in a company with a higher CSR for timely claim settlement. The CSR shows the company's reliability in settling claims. We have a 95.2% CSR that ensures hassle-free claim settlement.
• Tax Benefits: When you compare health insurance plans, you can save your health and wealth. A premium paid against the policy gets tax exemption up to Rs. 1,00,000 per section 80D of the Income Tax Act. Also, check if you will get the tax exemption certificate.

Understanding Policy Types 

Here is a breakdown of different types of health insurance policies before you initiate the comparison:

1. Individual Health Insurance offers coverage for an individual and covers clinical expenses incurred by the person during doctor consultations, hospitalisation, treatments, etc. It is ideal for individuals who don't have dependents or who are looking for tailored coverage.
2. The Family Floater Plan covers the entire family under a single sum insured. Any family member can take advantage of the offered coverage and sum insured. This plan is perfect for people looking to cover an entire family under a single policy at a reasonable price.
3. Senior Citizen Health Insurance covers people over 60. It caters to the clinical requirements of older individuals experiencing health-related conditions. The plan is ideal for senior citizens who want coverage for health and age-related conditions. It usually involves domiciliary treatments and pre- and post-hospitalisation.
4. Critical Illness Insurance offers a single payment in case of a severe condition diagnosis, such as heart illness, kidney failure, or cancer etc. The plan is ideal for people looking for particular and high-cost medical conditions.
5. Maternity Health Insurance covers pregnancy, childbirth, and postnatal care expenses. It is available to people who want to grow their families and cover linked clinical costs.
6. Top-up Plans offer additional coverage on top of your current health insurance plan, offering an added shield if the sum insured in the primary plan runs out. People with a basic insurance plan require additional coverage to cover high medical expenses.

What Happens When You Don't Compare Health Insurance?

If you haven't planned a health insurance comparison yet, picking one can cause various potential issues. Here’s what can happen if you neglect the comparison step:

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

In summary, health insurance comparison helps you pick the right plan and ensure you get the maximum benefits from it.

Why Should You Compare Health Insurance Policies Offered by Care Health Insurance?

Comparing health insurance policies is essential to ensure you get the best coverage for your needs. When you health insurance compare options from Care Health Insurance, it helps you choose a plan that offers the right benefits at the right price. Here’s why doing a detailed health insurance policy comparison is important:

• Health insurance plans comparison will help you assess different features by Care Health Insurance, differentiating with other insurers in terms of premium costs, coverage limits, and add-on benefits.
• A proper mediclaim policy comparison will showcase our hospitalisation coverage, waiting periods, and claim settlement ratios when compared with insurers.
• Conducting a health insurance comparison in India offers you insight into our various plans available nationally, guaranteeing you pick the most suitable one.
• When you compare health insurance policy options by Care Health Insurance, you might be able to lower the risk of paying for excessive coverage or missing out on crucial benefits.