Good Health Insurance Companies in India For 2025

Private companies provide health insurance plans for individuals and groups. They cover medical expenses like doctor visits, hospital stays, and medicines. These companies work to make a profit and are not owned by the government. Customers pay a regular premium to get these services.

Private health insurance companies are of two types:

• Standalone Health Insurance Companies: They only offer health insurance plans.
• General Insurance Companies: They provide various types of insurance.

Public or government health insurance companies are owned by the government. They offer health insurance plans to help people and families manage medical expenses like hospital stays and treatments. These plans reduce the financial burden of healthcare costs.

The Claim Settlement Ratio (CSR) tells you how many claims an insurance company has approved and paid compared to the total claims made by customers.

• A higher CSR means the company settles most claims quickly, showing that it is trustworthy and reliable.
• It helps customers choose an insurer that is efficient in processing claims.

Formula: CSR = (Number of claims settled ÷ Number of claims filed) × 100

The Solvency Ratio tells you how financially strong an insurance company is.

• A higher solvency ratio means the company has enough money to pay future claims and stay stable.
• It gives customers confidence that their insurer can handle financial risks.

• Claim Settlement Ratio (CSR) shows how many claims an insurer has paid.
• The solvency Ratio shows the financial strength of the company.
• Together, these ratios help you choose a stable and reliable health insurance provider.

Aditya Birla Health Insurance works with Aditya Birla Group and MMI Holdings from South Africa. Here are some benefits of their health insurance:

• Plans that cover serious illnesses like cancer.
• Free yearly health check-ups and support during recovery.
• Covers hospital stays, outpatient services, alternative treatments (AYUSH), and home-based care.
• Immediate coverage for pre-existing conditions like diabetes and high blood pressure.

Bajaj Allianz offers a wide range of health insurance plans, including those for specific groups like senior citizens and women. Key features include:

• Free preventive health check-ups and bonus benefits for no claims.
• International coverage with their Global Health Care plan.
• Covers hospital stays, maternity care, outpatient services, and other medical costs.
• No medical check-ups needed before the policy starts for people under 45.

Care Health Insurance provides various insurance plans to help cover medical costs for individuals and families. Highlights include:

• Special plans for pre-existing heart conditions and yearly heart check-ups.
• Up to 30% discounts for staying healthy.
• Quick, cashless approval for claims within 2 hours.
• Plans include free preventive health checks.

Cholamandalam MS, a partnership between India's Murugappa Group and Japan's Mitsui Sumitomo Insurance Group, offers several health insurance plans. They provide:

• Worldwide coverage for hospitalization, weight-loss surgeries, and other medical needs.
• Plans include coverage for medical costs before and after hospital stays (30 days before and 60 days after).
• Free yearly health checks.
• Coverage for hospital stays, home care, traditional treatments (AYUSH), and maternity needs.

Future Generali is a partnership between Future Group and Generali Group. They are known for their focus on customers, innovative insurance products, and strong financial backing, making sure their clients get reliable health insurance. Some features includes:

• Covers day care treatments, hospital stays, and new medical treatments.
• Offers bonuses for no claims and free health check-ups.
• Gives a discount of up to 60% for family plans.
• Approves cashless hospitalization in just 90 minutes.

Go Digit Health Insurance offers reliable and budget-friendly health insurance that makes getting medical care easier. Their policies are simple to understand, and they process claims quickly, ensuring you're protected without any confusing paperwork or hidden charges. Some features are:

• Includes home treatment, hospital care, and outpatient expenses.
• Provides maternity benefits, global coverage, and health check-ups.
• You can buy plans online with minimal paperwork.
• Offers a 10% city discount and a 5% loyalty discount.

HDFC ERGO Health Insurance is a top provider in India, backed by HDFC and ERGO International AG of the Munich Re Group. It offers a wide range of insurance products including health, motor, home, and personal accident insurance, along with business insurances like marine and liability. Benefits includes:

• Offers tailored plans for diseases like diabetes, cancer, and hypertension.
• Includes cover for medical consumables, free health checks, and benefits during recovery.
• Provides up to 50% discount for family plans.
• Settles cashless claims within 2 hours.

ICICI Lombard has been serving customers for 21 years, living up to their promise of fulfilling commitments. They've issued over 32.7 million policies and settled 3.6 million claims, offering extensive coverage across many insurance types to support communities across India. They offers:

• Specialized health plans for seniors, families, and critical illnesses.
• Covers hospital, home care, maternity, and outpatient treatments.
• Provides free health checks, benefits for recuperation, and a reset benefit.
• Offers up to 30% discount for maintaining wellness.

IFFCO-Tokio started on December 4, 2000, through a partnership between the Indian Farmers Fertilizer Co-operative (IFFCO) and Tokio Marine from Japan. Some benefits of buying IFFCO Tokio health insurance are:

• They cover costs for chemotherapy, pacemakers, dialysis, surgeries, and more.
• You can get up to 12.5% off if you stay healthy.
• They handle cashless claims within 24 hours.
• You can add coverage for serious illnesses by paying a little more.

Liberty Health Insurance is known for great customer service and various plan choices, aiming to make healthcare affordable and easy to access. Some benefits includes:

• They cover hospital stays, global treatment, traditional treatments, and ambulance costs.
• Unique perks include free preventive care, daily cash during hospital stays, and access to a second doctor's opinion.
• There’s a 10% discount for keeping healthy.
• You have 15 days to cancel the policy after buying it if you change your mind.

Magma, tied up with Magma Fincorp and Global, offers reliable insurance backed by strong financial and global insurance expertise. Some features includes:

• Started in 2012, Magma has sold over 44 million policies.
• They have more than 95 branches in India.
• Their claim approval rate is 90%.

ManipalCigna was formed by the Manipal Group and Cigna Corporation. They offer various plans covering doctor visits, hospital stays, and medicines. Some benefits that you get with their plans include:

• Plans can be tailored to what you need and want.
• They cover almost 30 serious illnesses.
• In most plans, if you use up your coverage, they refill it.
• You can get up to 20% off for staying active and fit.

National Insurance Company Ltd. has been providing health insurance for over a hundred years. Here's why their plans are good:

• They cover injuries from adventure sports, genetic disorders, obesity treatments, and eye surgeries.
• They have a special health plan for older people called Varistha Mediclaim.
• You can get up to 20% off if you choose to pay part of your medical costs (co-payment).
• Some plans also offer free health check-ups.

New India Assurance helps cover costs like hospital stays, treatments, and medicines. They aim to make healthcare easy to get and affordable with different plans for different needs. Here's why their plans are good:

• They offer a plan that specifically covers cancer called New India Cancer Guard.
• There's a plan for people going abroad called New India Pravasi Bhartiya Bima Yojana.
• Some plans come with free health checks.
• You can choose to pay some costs yourself and get up to 15% off.

Niva Bupa offers health insurance for individuals and families, focusing on reliability and customer service to make healthcare affordable for everyone.

• They cover home care, new treatments, and hospital costs.
• Benefits include no time limits on claims, bonus coverage, and yearly health checks.
• They cover high blood pressure and diabetes from the start with the Smart Health+ rider.
• You can get up to 30% off for living healthily.

Reliance General Insurance offers affordable insurance across India. They aim to reach as many people as possible with over 100 different products. Some benefits includes:

• They cover hospital stays, ambulance fees, and some non-medical costs.
• Benefits include health checks, daily money during hospital stays, and extra coverage if you use up your initial amount.
• They have issued over 30 million policies.

Royal Sundaram General Insurance, started in 2000 and part of Sundaram Finance, offers health, car, and travel insurance in India. Known for focusing on customers, they offer innovative products and have a wide hospital network. Some benefits includes:

• They cover outpatient services, hospital stays, new medical treatments, and ambulance costs.
• If you use up your insurance, they refill it completely, and you can get bonuses for not claiming.
• They also give discounts for health and wellness.

SBI Health Insurance, under the State Bank of India, provides health insurance that helps cover hospital and medical costs and gives support during health emergencies. Here's why their plans are good:

• They cover advanced medical procedures, hospital stays, outpatient services, and home health care.
• People up to 45 years old don't need a health check to apply.
• Their plans include costs before and after hospital visits.
• They offer up to 30% discount for staying active.

Founded in 2006, Star Health Insurance is a leading health insurance provider, partnering with top healthcare groups. They focus on offering reliable and reachable health plans to everyone in India. Some features of Star Health insurance are:

• Their plans are specially designed for people with diabetes and HIV.
• Up to 20% wellness discount is available.
• They handle their cashless hospital claims in-house, making the process smoother.

Started in 2001 through a partnership between Tata Group and American International Group, Tata AIG offers health insurance with several benefits. Some of them are:

• Their Criti Medicare plan covers up to 100 critical illnesses.
• They offer benefits for consumables, restoration of insured amounts, and preventive health checks.
• No medical check-up is needed to apply if you're under 45 years old.
• They provide up to 32% discount for family plans.

The Oriental Insurance Company Limited is a government-owned company that offers many types of health insurance in India. Here are some benefits of their health plans:

• They cover hospital stays, mental health treatments, and outpatient services.
• You can get health checks, talk to doctors over the phone, and get a second opinion on medical issues.
• No health check is needed to get insurance if you're under 55 years old.
• You can choose to pay up to 20% of medical costs yourself for a lower premium.

United India Insurance is one of India's oldest insurance companies. They offer affordable and tailored health insurance and are recognized by ICRA for their financial strength and ability to pay claims. Benefits of their health plans include:

• Covers hospital stays, new medical treatments, and outpatient procedures.
• Offers free medical checks and rewards for not making claims.
• iscounts of up to 15% if you don’t claim and a 5?mily discount.
• Gives you 30 days to decide if you want to keep the policy after you buy it.D

Zuno Health Insurance, formerly Edelweiss General Insurance, operates mostly online to make health insurance simple with a user-friendly website. They focus on being open and easy to use. Some benefits includes:

• Their policies cover hospital stays, costs before and after hospitalization, critical illnesses, accidents, and more.
• Includes alternative treatments, new treatments, and outpatient procedures.
• Offers benefits for recovery, shared room during hospital stays, and health checks.
• Provides up to 10% discount if you pay the premium all at once.

Zurich Kotak offers a variety of customized health insurance plans. Their plans include:

• Coverage for serious illnesses like heart attacks, cancer, organ transplants, and accidental injuries.
• The Zurich Kotak Secure Shield plan also helps with income if you lose your job and helps with your child’s education costs.
• Covers air ambulance services, care at home, maternity costs, and newborn care.