Medical insurance in India

Hello sir I want to about the Medical insurance scheme in India so please provide me names of Health Policies in India so that I can get benefits of them.

[Shaleen]

Health insurance in India is a growing segment of India's economy. Policies are available that offer both individual and family cover.

Types of Health Policies in India

There are various plans readily available in India to cover every aspect of a medical emergency.

Some popular types of policies are explained below:

1. Individual Health Plan

This is designed to cover an individual against various illnesses with cashless hospitalization and other add-on features.

2. Family Floater Mediclaim
With this you can cover all your family members against diseases under a single cover.

This cover offers a fixed sum insured for the family members that can be availed either by an individual member or as a sum total for treatment of one person.

3. Surgery & Critical Illness Policy

This is usually brought as a standalone policy or a rider in case of treatment against serious illnesses like- cancer, kidney failure, heart attack, paralysis etc.

As the treatment of such diseases is expensive so the premium is also on a higher side.

4. Pre-Existing Disease Cover

After a waiting period of 2-4 years, various policies offer a cover against the pre-existing diseases -e.g. - diabetes, hypertension, kidney failure, cancer etc.

Pre-existing disease cover includes the diseases or illness that the policyholder had before buying the policy.

5. Senior Citizen Health Plan

This offers to protect you from health issues during your old age.

According to IRDA norms, every insurer must provide cover for people up to the age of 65 years.

6. Preventive Healthcare

This includes preventive care treatments like regular checkups, consultation charges and other tests or x-ray fees concessions.

The idea is to monitor your health at timely intervals and provide overall health care benefits.