Which health insurance is best to get?

POSTED BY swathy ON April 16, 2014 10:06 am COMMENTS (9)

A friend of mine is looking at getting a health insurance for him and his parents. Since there are many in the market, he is sort of not sure which would be the best plan. His parents are over 50 years of age. So an insurance which would benefit them considering their age would be great. TIA

9 replies on this article “Which health insurance is best to get?”

  1. ashalanshu says:

    Dear Braze, are you asking for critical illness policy as an stand alone policy or for critical illness exclusions from your health insurance policy?



  2. brazelious says:

    Dear Ashal,
    I need to ask about critical illness. As many of plan they have excluded and included as a rider. Kindly clarify this technicality.

    Kindly tell me tips while buying any health insurance.



  3. ashalanshu says:

    Dear Braze, please opt Gold with maximum cover as per prem. paying capacity from day one.



  4. brazelious says:

    Thanks Ashal,
    Which one is to chooe Silver or Gold???

  5. ashalanshu says:

    Dear Braze, thanks for clarifications. Claim settlement ratio has no meaning if your personal case falls in claim denaial category. 🙂

    Regarding inclusions and exclusions, you may opt Oriental happy family floater.



  6. brazelious says:

    Hi Abhinav,

    Thanks for enlightening me regarding various technical terminology of HEALTH INSURANCE. I am young investor in health insurance. As a layman I need a common health benefits. I dont have specific requirements. Kindly suggest me the one.

    By saying BEST I meant-
    Claim settlement ratio.
    Inclusions and exclusions of benefits.
    as we are younger and most plan subtract their benefits according to age.
    As a financial advisor thats why i asked the BEST plan which goes life long.

  7. ashalanshu says:

    Dear Swathy, why the plan in question should the BEST? How ‘ll you decide that the plan opted by you or your friend is the BEST? what is your definition of BEST?



  8. abhinav says:

    Hi Brajesh,

    Please contact Medimanage guys to help you decide the best health insurance.
    There are couple of health insurers who offer maternity benefits. However, almost all of them have waiting period for the same. If i am not mistaken, Max Bupa has lowest waiting period of 2 years for Maternity benefits.

    Also, please understand that helath insurance is a highly need specific product. There is no absolute BEST or WORST product here. Please discuss with Medimanage guys and shortlist few of them and then zero in the one with whom you feel comfortable.

    Few compnonents which should drive your choice are-

    1. Network hospitals in your area
    2. Loading (Please google this term and understand it properly)
    3. Co- Pay
    4. List of Exclusions/Waiting Period

    All the best !!


  9. brazelious says:

    Hi Manish,
    I have gone through your one of web portal jaagoinvestor. I have found very helpful. Currently I am looking for Health insurance for me and my spouse. I am 28 years old and my wife is 20 years old. I am employed in company which doesnt provide any health insurance. There are few concerns- Should I opt for maternity benefits in my health plan? Kindly suggest me best health insurance plan which is suitable for us. Regards, Brajesh

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