Top 5 Health Insurance Plans for Senior Citizens on the basis of Coverage
|S.No.||Plan Name||Entry Age (years)||Renewal Allowed||Max. Sum Insured (Rs. lakh)||Co-Pay|
|1.||Max Bupa’s Heart Beat
||till age 80||Life Long||Platinum Policy – Sum Insured upto 50 lacs||If any person is 65 years or above on the date of commencement of the plan, Max Bupa will pay 80% of reasonable and customary charges|
|2.||Bajaj Allianz Health Guard
||18-65||80||=> Sum insured from Rs. 1lakh to Rs.10 lakhs can be opted from 3 months to 55 yrs.
=> Sum insured from Rs 1 lakh to Rs 5 lakhs can be opted from 56 yrs to 65 yrs.
|=> 10% co-payment of the admissible claim to be paid by the member,if treatment is taken in a hospital other than a network hospital.
=> 20% Co-payment applicable for any insured person aged 56yrs and above.
|3.||Oriental Insurance’s Hope
||No upper limit||80||5||20% of claim amount|
|4.||Star Health’s Senior Citizen Red Carpet
|60-69||Life Long||2||50% for insured who did not go for medical tests before taking policy
|5.||National Insurance’s Varistha Mediclaim
*Data Source – Company websites.
Top 5 Health Insurance Plans for Senior Citizens on the basis of Premium
|S.No.||Plan Name||Premium (SI 1 Lacs, 60 Years)||Premium (SI 5 Lacs, 60 Years)|
|1.||National Insurance’s Varistha Mediclaim||4180||N.A.|
|2.||Oriental Insurance’s Hope||4500||19700|
|3.||Star Health’s Senior Citizen Red Carpet||4908||19854|
|4.||Bajaj Allianz Health Guard||5130||17879|
|5.||Max Bupa’s Heart Beat||13946 #||27333|
# Only option for SI 2,00,000 available.
Top 4 Health Insurance Plans for Senior Citizens on the basis of Claim Settlement Ratio
|S.No.||Insurance Company||FY 2009-10*|
*Data Source – IRDA. Claim settlement data for quarter ended Dec 31, 2010.