Best Health Insurance Policy Online in India in 2025
Healthcare is one of the main sectors in India going through so much transformation, and that comes as no surprise! Healthcare costs have been increasing twofold, while people too, are increasingly becoming both health and money conscious.
This has ultimately led to an increase in the number of people opting for the best health insurance plan in India. However, thanks to technology and the growth of the digital economy, health insurances are covering for health conditions and illnesses beyond just major and critical illnesses.
So, whether you need infertility treatment, a daycare procedure, or just want to run your basic annual medical checkups, health insurance today covers a variety of such benefits. 😲
What is the Health Insurance Policy?
If you are looking for the best health insurance policy in India, you must know what a health insurance policy means. So basically, health insurance is the safety net which provides you with financial protection during medical emergencies.
It is essential for everyone, despite the widespread belief that it is just for the old or those with health issues. The finest health insurance policy provides comfort throughout hospital stays by covering your medical expenses.
Why Should You Choose the Best Health Insurance Plan in India?
A health insurance plan is necessary as it provides comprehensive coverage for a range of medical needs. It supports you when you need it the most. Here are some reasons why you should buy the best health insurance plan in India
The best health insurance plan will help protect you from unfortunate health conditions while giving you financial security at the same time.
The best health insurance plan will ensure that your health is given the utmost importance by providing benefits and services that are meaningful for your health and well-being.
The best health insurance plan will ensure your claims are processed with ease, so you have little to follow up and worry about!
Many health insurance policies allow cashless hospitalization, which eliminates the need for a down payment when receiving care at a network hospital. The insurance company will pay the bill after the hospital notifies them.
Why is Digit’s Health Insurance One of the Best in India?
Apart from our simple online processes, Digit is one of the best health insurance policies in India because of its unique and meaningful benefits compared to other players in the market.
Don't believe us? 🤔 Well, here is a comparison of the Health Insurance Policy offered by Digit vs the Industry Average policy.
A Guide to Choose the Right Health Insurance Plan
How to Choose the Best Coverage for Your Health Insurance Plan?
You might have understood by now that investing in health insurance is a fundamental necessity for all individuals.
However, one should start from scratch to figure out how it occurs. With so many possibilities for plans, you want to make sure that the one you choose will provide enough coverage for your specific needs? Well, here is how you can decide your coverage:
1. Consider Your Health and Age
Do you have any past medical conditions and are you in good health?
For example, a reduced coverage plan would be appropriate if you are young, healthy, and have less money to spend on your health insurance. However, you should ensure that the plan addresses any current problems you may have.
2. Your Family Size
Do you have a spouse or a child in your family?
If so, you need to make sure that they are part of your plan as well. You can buy a family floater plan to cover each member of your family under one health insurance plan.
3. Your Lifestyle Factors
Do you follow a sedentary lifestyle?
A sedentary lifestyle results from a poor diet, lack of exercise, drinking and smoking, not getting proper rest, and stress. If this is your lifestyle, you may be eligible for a plan that covers high-risk activities.
4. Your Spending Limit
What is the appropriate amount to spend on health insurance premiums?
The size of the network and the extent of coverage affect the premium costs. Based on your salary and other expenses, decide which one you can afford.
Key Benefits of Buying the Best Health Insurance Plan in India
A person benefits from health insurance in a number of ways. A comprehensive policy covers post and pre-treatment care in addition to hospitalization costs.
In India, there are various benefits to purchasing the best health insurance according to your needs. It not only gives you financial protection but helps to live your life carefree without worrying about any bills & expenses.
Here are some benefits of buying health insurance online in India:
You no longer have to go to the insurance office or wait in line to obtain an insurance policy. The majority of insurance firms in India now provide online services, allowing you to purchase, renew, and monitor the status of your claim.
Insurance firms are becoming more inclusive and incorporating all coverage categories into their policies daily. These integrated insurance plans offer coverage for the entire family under a single plan.
The IRDAI's modifications allow for an extension of the health insurance policy renewal age to offer coverage. If you forget to renew your health insurance policy on time, you can easily renew it with an extended grace period.
Cashless options are one of the most important aspects of health insurance policies as you can receive the best care without paying a single Rupee.
When you do not file a claim throughout a policy year, insurance providers will give you a cumulative bonus. While some insurance providers raise the sum assured, others provide a premium reduction on the policy.
You can receive tax benefit in health insurance under Section 80D of income tax if you have a health insurance plan. If you purchased insurance that covers you, your spouse, and your children, you can receive a maximum deduction of ₹25,000.
Things to Consider Before Buying the Best Health Insurance Policy in India
Healthcare in India is currently going through a tremendous transition. After all, health being one of the most crucial parts of our lives, the right kind of healthcare is almost necessary if not essential.
However, from so many growing options today, how do you really go about securing your health with the best health insurance policy in India? Here are some tips that could help:
Examine and Compare Plans
Investigate the various health insurance programs offered in India in depth. Examine their many features, including premiums, coverages, and other benefits. Websites and insurance aggregators will be useful in this situation.
Recognize Your Budget and Needs
Before choosing the best health insurance plan, it is important to consider your family's needs and your own health. Have you previously suffered from any chronic illnesses? Do you intend to become a parent soon? Take your budget into account as well. Consider and evaluate all these factors.
Evaluate Coverage Details
A lot of people mistakenly compare health insurance premiums alone. However, it’s important to know that every health insurance comes with different coverage specifics. Therefore, it’s important that you compare and evaluate all covers available, including the finer details which will help you select the best medical insurance policy in India for you.
Cumulative Bonus
A Cumulative Bonus, is an extra percentage of Sum Insured you get during renewal if you’ve never made a health insurance claim. Different insurance companies offer different Cumulative Bonuses. Therefore, compare your options and see what works for you best.
Copayment and Deductible
A Copayment refers to the amount of money you need to pay from your pocket during a health insurance claim. Generally, many health insurance plans involve at least 10 to 20% of Copayment. However, some plans include Deductibles, which increase your expenses during the claim.
Recognize the Waiting Period
Keep in mind the medical insurance waiting period for certain treatments, pre-existing conditions and specific diseases. You have to wait till the waiting period to avail or claim for that particular treatment. So, if feasible, pick a policy with the least waiting period.
Verify the Claim Procedure
Learn about the claim procedure. It is crucial to have a stress-free and seamless claim process during a medical emergency. Some companies have long paperwork and multi-level approval, which usually delays the claim process. Look for a health insurance form with an easy claim procedure.
Seek Out Riders and Add-ons
Certain insurance includes riders and add-ons to enhance coverage. These could include maternity benefits, critical illness coverage, or other options. Check and opt for the insurance company that provides riders with health insurance.
Examine Network Hospitals
Verify if the health insurance provider has reputable hospitals in your area. When the network is larger, standard healthcare services are easily accessible. You can easily opt for cashless claims at network hospitals. Check if the insurance companies have multiple network hospitals near your locations.
Examine Reviews
Last but not least, watch all the consumer reviews regarding the insurance company. Asking your friends, family and coworkers for suggestions is an additional method.
FAQs about Best Health Insurance Policy
Will my health insurance be valid all across India?
Yes, Health Insurance by Digit is valid across all cities in India.
How many network hospitals does Digit have?
We have more than 9000+ cashless hospitals spread all over India.
A lot of Health Insurance companies today provide a No Claim Bonus if we do not claim throughout the year. Does Digit’s Health Insurance provide any such benefits?
Yes, we do provide our customers with a No Claim Bonus, which means that if you’ve been healthy throughout the year and therefore not made a claim, we will give you a No Claim bonus starting from 20% for your first claim-free year. We don’t need you to prove it with your fitness trackers or the like 😊
What do you mean by pre-existing diseases?
Pre-existing diseases refer to any health conditions you’ve been facing from before getting your health insurance policy. As per the IRDAI, the official definition of the same is; a pre-existing disease means any condition, ailment or injury or related conditions for which he/she has faced symptoms or has already been diagnosed 48 months prior buying the respective health insurance policy.
What is Digit’s claim settlement ratio when it comes to health insurance claims?
Digit’s current claim settlement ratio for health insurance claims stands at 93.37% 😊
What is the recommended Sum Insured for the best health insurance plan?
Choosing the ideal sum insured would primarily depend on the number of people insured under your health insurance plan. The best way to go about this would be, to mention your family’s annual income range and go for the recommended Sum Insured plan. This would ensure the sum insured is both sufficient and affordable for you and your family.
What is the process for selecting the best health insurance plan?
Consider your needs and financial constraints when choosing the best health insurance plan. First, determine what kind of coverage you require, including hospital stays, prescription drugs, and doctor visits. Then, evaluate network hospitals, coverage scope, deductibles, rates, and customer evaluations.
Which two health insurance plans are the most popular?
Individual and family-floater health plans are the two most popular types of health insurance. These plans provide complete coverage for the insured individual and their family.
Which family health insurance plan is the best?
The best health insurance plans for family provides comprehensive coverage for a variety of medical needs. Seek out plans that offer options for pediatric care, a wide network of hospitals and physicians, and reasonably priced premiums.
Which health insurance plan is ideal for elderly people?
An excellent option for seniors(above 60) may be a Senior Citizen Health Insurance plan with a Critical Illness add-on.
Is purchasing health insurance in India worthwhile?
Yes, buying a health insurance policy in India is really necessary. It allows you to receive treatment right away without breaking the bank. You feel more secure knowing that you are prepared for any unforeseen medical expenses when you have health insurance.
Can I transfer my policy from one health insurance provider to another?
Yes, you can transfer your health insurance coverage from one company to another and still receive benefits. IRDAI allows policyholders to switch insurers while keeping their benefits, including waiting periods and the no-claim bonus. It's crucial to follow the portability process, submit the necessary paperwork, and alert your current insurer within the allotted time.
What is the best health insurance?
Several factors, including personal preferences, financial constraints, available coverage, and customer support, determine the best health insurance plan. However, Digit Insurance stands out from its competitors in terms of its extensive coverage, creative features, and dependable customer service. It provides features including cashless hospitalization, a vast network of healthcare hospitals, and add-on benefits, and its plans are designed to meet a variety of needs.