Buy Health Insurance Plans Online in 2024

Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance is a type of insurance that provides financial assistance to the policyholder in case of medical emergencies.

It covers both medical and surgical expenses. Under this, the insurance company pays for hospitalization, treatment, and surgery-related expenses.

What is Health Insurance?

"Health insurance is a system in which an insurance company agrees to cover all your medical expenses in exchange for a monthly premium. This insurance provides a guarantee to cover the expenses incurred due to illness or accidents.

In health insurance, both medical and surgical expenses are covered. Additionally, the facility of cashless treatment is also available. During illness, hospitalization, and medication expenses, you don't have to pay from your pocket; instead, the insurance company covers the expenses.

In a health insurance policy, coverage is provided for medical expenses incurred due to accidents, illnesses, or injuries. Any individual can avail the benefits of health insurance policy by paying premiums at regular intervals, either monthly or annually."

How to Buy Health Insurance Online?

Here are the steps to purchase health insurance online:

Assess your coverage needs: Take into account factors such as your age, health condition, family size, and expected medical expenses to determine the appropriate level of coverage.
Research various health insurance providers and plans: Compare different plans based on criteria such as monthly premiums, deductibles, copayments, and covered services. You can explore options on popular online insurance marketplaces like Healthcare.gov, eHealth, and GetInsured.
Collect necessary information: Gather details such as your name, date of birth, address, income level, and any pre-existing health conditions, as these may be required during the application process.
Apply and enroll online: Once you have chosen a suitable plan, you can typically complete the application and enrollment procedures entirely online. This may involve submitting documentation, answering health-related queries, and making an initial premium payment.
Review your policy particulars: After enrollment, carefully review your plan's coverage details, limits, and any exclusions to gain a clear understanding of what is covered and what is not.

Health Insurance Plans For Family in India

Here are the some Health Insurance Plans For Family in India

This table information taken from Policy Bazaar

Family Health Insurance Plans	Sum Insured (Rs)	Key Benefits
Aditya Birla Activ Health Platinum Plan	2 lakh to 2 crore	Day care procedures In-patient hospitalization expenses OPD cover Home treatment Obesity Treatment
Bajaj Allianz Health Guard Plan	1.5 lakh to 1 crore	Pre-post hospitalization expenses Road ambulance charges Preventive health check-up Maternity expenses Bariatric surgery cover
Care Health Insurance Plan	5 lakh to 6 crore	Maternity cover In-patient-hospitalization expenses Organ donor expenses Daily allowance Annual health check-up
Digit Health Insurance Plan	2 lakh to 3 crore	Pre-post hospitalization expenses Maternity benefit In-patient hospitalization benefit Psychiatric illness cover Worldwide coverage
HDFC ERGO my:health Suraksha Plan	1 lakh to 5 crore	Home healthcare Alternative treatment Road ambulance service In-patient hospitalization expenses Organ donor cover
Kotak Mahindra Health Care Plan	2 lakh to 25 lakh	In-patient hospitalization expenses Free health check-up Ambulance cover Pre-post hospitalization expenses Day care procedures
Reliance Health Infinity Plan	3 lakh to 5 crore	Pre-post hospitalization expenses Domiciliary hospitalization Mother and child care benefit Double cover benefit OPD cover
SBI Super Health Insurance Plan	3 lakh to 2 crore	Hospitalization expenses Maternity expenses OPD cover Recovery benefit Global cover
Tata AIG MediCare Premier Plan	5 lakh to 50 lakh	In-patient treatment Consumables benefit Vaccination cover Maternity cover High end diagnostic cover

Documents Required for Health Insurance

Here is a concise overview of the key documents required for purchasing health insurance:

Aadhaar Card
Driving License
Passport
Voter ID Card
Letter by the National Population Register with demographic details
Job Card NREGA signed by a state government officer
Any other document notified by the central government in consultation with the IRDAI

Best Health Insurance Companies in India

Here is a list of some of the best health insurance companies in India:

Insurance Company	Claim Settlement Ratio for FY 2021-22	Network Hospitals	Solvency Ratio	Incurred Claims Ratio 2023
ACKO Health Insurance Company	97.20%	14300+	4.3	83.88
Star Health and Allied Health Insurance Company	99.06%	14000+	2.0	65
Kotak Mahindra Health Insurance Company	96.90%	9000+	2.2	56.01
HDFC ERGO Health Insurance	98.49%	12000+	1.7	79.04
IFFCO Tokio Health Insurance Company	89.38%	7000+	1.7	111.18
ICICI Lombard Health Insurance	97.07%	7500+	2.5	77.33
BAJAJ Allianz Health Insurance Company	96.59%	18400+	3.6	74.27
Care Health Insurance Company	100%	9747+	1.8	53.82
National Insurance Company	86.28%	3000+	0.3	102.35
Reliance General Health Insurance Company	98.65%	9100	1.5	86.31

In conclusion, purchasing health insurance online has become an increasingly popular and convenient option for many individuals and families.