Best Health Insurance Plans in Care Health Insurance

Care Health insurance is an eminent health insurance company that holds an astonishing reputation in the insurance industry. Care Health Insurance limited offers a spectrum of health insurance products and customized health care insurance plans. Though Care Health Insurance Company offers diverse health insurance products still, it offers customers other products like personal accident cover and travel insurance.

Features & Benefits of Care Health Insurance

Take a look at some intriguing features and benefits of Care Health products. Care health insurance plans are designed in such a way that they meet all your healthcare needs and requirements.

• Flexible sum assured: The sum assured is variable for care health plans.
• Automatic recharge of sum assured: If your sum assured amount is exhausted after a claim, then your sum assured amount will be recharged automatically without paying extra from your pocket.
• No restriction for upper age: No restrictions with the upper limit of policyholders for all plans. Even the most senior family member (over 80 or 90) can purchase long-term care insurance plans.  
• Care Mediclaim process: The Care mediclaim policy is simpler and hassle-free. The company has a claim settlement ratio of 92.33% that is quite commendable.
• Tax benefit: All the premiums that you paid for Care Health insurance plans are qualified for tax benefit as per section 80D of the Income Tax Act. You can save up to Rs.55,000 per year.

4 Best Health Insurance Plans offered by Care Health insurance

Care Health insurance

This is the basic health insurance plan offered by the company. This policy comes in both individual and family floater variants.

Some unique features of this plan are,

• If you opt for the sum assured amount of Rs. 50 lakh,  Rs. 60 lakh, and Rs. 75 lakh, you will get an in-built maternity coverage of up to Rs. 1 lakh
• If the claim amount surpasses your sum assured, then your sum assured amount will be recharged automatically.
• You can opt for personal accident cover
• For all plans, there is no upper-limit entry age
• For 5 consecutive claim-free years, your sum assured amount can increase 150%
• For the floater plan, you can cover any of your family members (father, mother, spouse, children, or any friend)

Care Joy Health Insurance plan

This plan bears all maternity-related expenditures irrespective of normal delivery or cesarean. This plan is available on an individual or a floater basis.

Unique features of this plan

• Under the floater plan, you can enroll up to 6 family members.
• Apart from maternity cover, this policy plan offers the cost of hospitalization and other daycare treatment methods.
• Flexible policy term
• With no claim bonanza, a 100% increase in the sum assured amount
• If you choose a multi-year policy, then you will be eligible for a 10% discount on your premiums

Care Freedom Health insurance

This health policy covers all medical expenses due to diabetes, high pressure, cholesterol, and high BMI. A person can purchase this policy for themselves and their family members on an individual or floater basis.

Unique features of this plan are,

• It is the utmost health insurance policy that offers health insurance coverage without any hassle.
• If the claim amount surpasses your coverage limit, you can automatically recharge your base sum assured
• This policy offers lifelong renewability
• Easy and convenient cashless treatment and reimbursement process.
•  This policy offers two variants (Care Freedom plan 1 and Care Freedom plan 2)

Care Advantage Health Insurance Plan

This is an all-inclusive health insurance policy that welcomes you with coverage for up to Rs. 1 Crore. With this policy, you and your family members are adequately covered at all times. This policy covers you for hospitalization expenses incurred during hospitalization exceeding 24 consecutive hours.

Some unique features of this plan are,

• This policy comes with automatic recharge of the sum assured. This policy reinstates the entire sum assured of your policy once.
• In the case of a claim-free year, you are eligible for a bonus (10% increment of your sum assured amount for the next policy year).
• There is no capping for room rent and ICU charges
• With the Smart Select add-on feature, you can enjoy a 15% discount by restricting treatment on especially created smart select network hospitals.
• You can opt for Care Shield in care health insurance rider to enhance the coverage of this policy. Care Shield add-on rider offers three benefits to policyholders. These are the claim shield, No Claim Bonus shield, and inflation shield.

 These are the best long-term Care Insurance plans for customers.

Documents you need to purchase Care Health Insurance plans

• Identity proof
• Address proof
• Aadhar number
• Medical certificates (if required)

Claim Procedure for Care Health Insurance

Care Health Insurance offers both cashless treatment and reimbursement processes to policyholders. In case of emergency hospitalization, you need to inform the insurance company within 24 hours of hospitalization. For planned hospitalization, the insurer must be notified at least 48 hours before the date of hospitalization.

You are eligible for cashless treatment at network hospitals (more than 10000 network hospitals). For cashless treatments, pre-authorization is required. You can get authorization by completing the authorization form and submitting it to the company. After the completion of the process, you can submit this approval to the hospital for your treatment.

Getting reimbursement for a specific medical treatment is convenient and hassle-free. Once the company is notified about the hospitalization, you can initiate the claim process after getting discharged from the hospital. 

With varied features and benefits, Care Health insurance plans cater to different needs of individuals. You can opt for the best Care Health Insurance plan based on your requirement and affordability. You can visit iiflinsurance.com to know and compare various Care Health Insurance plans.