Health insurance is a contract between the insurance company and the customer in which the insurance company agrees to settle the health insurance claim of the client in case of hospitalization subject to the receipt of premium from the customer in regular intervals. The premium paid by the customer for the health insurance policy depends on plan selected by the customer.
Health insurance is mainly taken in case of hospitalization due to an illness or accident. There is a provision in health insurance policy to get the claim without hospitalization; this provision is known as the domiciliary treatment where the insured customer can get treated for his/her illness or disease from one’s home.
Rising health care costs are forcing many people to think of good health insurance policies within their budget. People who choose government hospitals earlier have also started thinking of choosing private hospitals in case of any medical emergency.
Health insurance policy must be purchased after checking the terms and conditions stated under the policy as well as the claim settlement ratio and the claim acceptance time in case of cashless claim process should be compared before deciding on the best health insurance company. Best health scheme offers the highest health coverage for minimum premiums.
The premium to be paid by the customer for the health insurance policy is calculated based on the insurance plan selected by the customer. And it depends on many factors such as the sum insured selected, extra benefits opted and other terms and conditions mentioned in the policy.
The premium paid by the customer for the health insurance differs from company to company and also depends upon the service levels provided by the company.
Best Health Insurance Plans in Chhattisgarh
Chhattisgarh is one of the big states in India which is located in East-Central part of India. The state has population of 3 Crores. Chhattisgarh is densely forested state in India and its temples and waterfalls are main attractions of the state. It is one of the major sources of electricity and steel and it is one of the fastest developing and cleanest states in India.
To find Best Health Insurance Plans in Chhattisgarh go through our online portal where the basic process is to fill the details of the applicant for quote generation such as Age of the customer, sum insured required, number of members to be covered, location pin code, name of the person, email address, gender of the person, extra coverage in the form of add-ons etc.
Best health insurance policy should have the maximum coverage at reasonable premium when compared with the other insurance companies in the market and with no hidden sections in the policy. Health insurance premiums can be paid online and no need to go insurance policy registered office for bill payment and policy can be issued without any physical presence of the customer.
Premium can be paid in installments as per the instructions of the Insurance Regulatory and Development Authority of India (IRDA) if the customer is not able to pay the premium at once. This option enables customer to convert the premium payment into monthly EMI options and at the same time assist higher coverage which would otherwise be difficult if the premium has to be paid lump sum.
Health insurance premiums are calculated for a 30 year old Male with 26 year old Spouse, Sum insured Rs.5 Lac and the policy period is taken as 1 year. Location of the customer is taken as Chhattisgarh for the purpose of premium calculation.
||QuBE Super Saver
||Silver with Health 241 Add-on
||Gold with 241 Add-on
||NCB & UAR
||NCB & Everyday Care
- Note: The premiums given above vary with the coverage and please refer to our website for exact premium.
- Read about the conditions such as No claim bonus, room rent, ICU rent, waiting period, Co-pay, Health check-up options are considered before arriving at the final premium.
- Before buying the policy please read terms and conditions thoroughly or contact experts before proceeding.
How to Decide the Best Health Insurance Policy in Chhattisgarh?
There is every best health insurance plan is not fit for all. Each person has different requirements and the health insurance plan has to be chosen as per the requirements. In that case below factors are to be considered before deciding on the best health insurance plan.
- Coverage v/s Premium:
Coverage in health insurance is also known as sum insured. Coverage and Premium are the most frequently compared things while deciding on the best health insurance policy. But comparing the coverage with the premium charged by the insurance companies is the big mistake people made.
A health insurance policy has many things such as cashless treatment, pre and post-hospitalization cost coverage, Travelling charges, room rental charges, No claim bonus, and health check-up benefits, tax benefits and etc. So, before buying the policy consider all the factors because simple analysis of comparing different health insurance policies against the premium from different insurance companies can only result in disappointment at the time of claim settlement.
- Add-on/ Rider:
Add-on or Rider is the extra coverage that is available under the health insurance premium on payment of additional premium. The base coverage can be extended with the help of add-ons on payment of additional premium.
Careful analysis should be made before deciding on an add-on as the riders are charged by the insurance company. Customer should identify the add-on which is necessary as including all the add-ons will only increase the premium with less scope for utilization of all the add-ons.
- No Claim Bonus/ Renewal Bonus:
No claim bonus or the renewal bonus is the increase in sum insured at the time of renewal provided by the insurance company for no claims made in the previous policy year. The maximum renewal bonus or No claim bonus provided by the insurance companies would not exceed 100% of the basic sum insured.
There are few health insurance plans which provide 10% to 50% renewal bonus for each claim-free year. Higher the renewal bonus percentage each year, higher would be the sum insured at the time of renewal. The best health insurance policy in Chhattisgarh is the one that provides up to 100% renewal bonus or no claim bonus for each claim free year.
- Network Hospitals:
Network or tie-up hospitals are the hospitals with which the insurance companies enter into an agreement to provide cashless health services to its customers. In cashless medical treatment hospitalization, the customer need not pay medical bills to the hospital.
The insurance company tie-up with those hospitals and they take care of the medical expenses charged by the hospital. The best health insurance policy in Chhattisgarh is the one that has the most of network hospitals and which provides the best healthcare service.
In Co pay the fixed amount of money is must pay each and every time when an insured person needs medication. Co-pay is the amount of claim which is to be borne by the insured customer at the time of claim settlement. Most of the health insurance policies have co-pay clause if there are senior citizens included in the policy.
Higher the co-pay amount selected by the customer, lower would be the health insurance premium. Co-pay is the way of making the customer liable and participating in the claim settlement. The best health insurance policy in Chhattisgarh is the one that doesn’t have the co-pay at the time of claim settlement.
- Pre-existing waiting period:
Any illness or disease which exists prior to the inception of the health insurance policy is known as pre-existing disease. Health insurance policies usually have a waiting period only after which the health insurance claim for the existing diseases would be paid.
The pre-existing waiting period would normally range between 2 years to 4 years for different health insurance products available in the market. Higher the pre-existing waiting period, higher would be the time before the claim is settled for pre-existing conditions. The best health insurance policy in Chhattisgarh is the one with 2 years or less pre-existing waiting period.