Individual health insurance plans for families cover all of your family members’ expected and unplanned medical costs up to a certain amount. This is called a “floater sum insured.” The same insurance covers your husband, kids, parents, in-laws, grandparents, etc.
A family health insurance plan safeguards your family’s money so you may access the best medical treatment anytime without paying cash and settling claims quickly. To know more keep on reading this article.
What is Family Health Insurance?
Some health insurance policies cover the whole family. This is called family health insurance. In a family plan, everyone shares a set amount of insurance. To avoid simultaneous illness, this is done.
Most family health insurance covers hospitalization, maternity leave, preventative treatment, ambulance rides, daycare, and pre-and post-hospital care.
How Do You Pick the Best Health Insurance for Your Family?
These suggestions will help you locate the finest family health insurance:
Figure out what your family needs for health
Consider your family’s health needs before buying health insurance. Think about maternity and pediatric health insurance if you want kids. Consider policies that cover severe illnesses and have shorter waiting times for older family members. So, you need to pick a plan that covers everyone in the family’s health needs.
Choose coverage that covers everything
Most family health insurance policies cover hospitalization, daycare, ambulance fees, organ donation payments, etc. However, health plans cover different things. Examining plans’ benefits is essential to pick one that offers maternity benefits, frequent health exams, critical illness coverage, etc.
Opt for Unlimited Restoration of the Sum Insured
Everyone shares the same amount of coverage in a family health insurance plan. There may need to be more than this amount of insurance for family members who get sick at the same time or during the same policy year. Because of this, it is essential to get family coverage that covers the total amount of the insurance.
With this benefit, if your insurance coverage amount is partially or fully exhausted, it will be automatically raised to the sum insured limit an unlimited number of times a year.
Find Top 5 Family Health Insurance Plans
Find the details below the best family health insurance plans by top companies;
Aditya Birla Activ Health Platinum Plan
The Aditya Birla Activ Health Platinum plan covers you and your family for costs related to hospital stays, before and after hospital stays. It also covers daycare, mental illnesses, hospitalization at home, ambulance fees, organ donor costs, and getting a second opinion on serious diseases.
It also provides OPD coverage, critical illness coverage, personal accident coverage, reloading of the sum guaranteed, cumulative bonus, and wellness program services. You can also add baby and hospital cash benefits as extras.
Bajaj Allianz Health Guard Plan
As a family health plan, Bajaj Allianz Health Guard covers everyone in the family with a single sum covered. It pays for hospital stays, weight loss surgery, childbirth, and AYUSH treatments. Recovering, remaining well, and recharging have benefits. The policy provides you a 10% bonus for each year, up to 100%, without a claim.
Care Health Insurance Plan
Care Health Insurance includes room rent if you need to go to the hospital and costs related to getting there and getting back home, using an ambulance, giving birth, and getting vaccinated. It gives you a daily cash allowance, service worldwide, and access to care anywhere. There is no cap on how much an ICU stay costs.
If you need to go to the hospital, this insurance gives you a private room and free annual checkups. You can also add extra coverage to the plan, such as air ambulance coverage, personal accident coverage, trip plus benefits, and more.
Cholamandalam MS Healthline Insurance Plan
There are four Cholamandalam MS Healthline Insurance plans: Value, Freedom, Enrich, and Privilege. It pays for hospital stays, emergency ambulance fees, maternity costs, room and nursing costs, ICU fees, doctor fees, and daycare processes.
It also gives you a health checkup benefit, a benefit for twice as much insurance, an extended hospitalization allowance, and a child hospitalization allowance.
Digit Health Insurance Plan
Accidental and planned hospital stays, maternity costs with treatments for the child, bariatric surgery, and health checkups are all covered by the Digit Health Insurance plan. In addition, it covers AYUSH, mental illnesses, accidents anywhere in the world, and more.
You can also choose to add optional consumable covers and change the waiting time.
Conclusion
We want your family safe. The best health insurance company offers many family plans, making selection challenging. You can select a suitable family health insurance plan by considering their wants and finances. Many Indian companies provide group health insurance for employees and their families.
These top 5 family health insurance plans were chosen for their pricing, coverage, and perks. Putting money into these plans can help your family stay healthy for many years.
Reference Links:
https://www.policyx.com/health-insurance/articles/top-10-family-health-insurance-plans
https://www.policybazaar.com/health-insurance/family-health-insurance-plan
https://joinditto.in/articles/health-insurance/best-health-insurance-plan-for-family
https://www.forbes.com/advisor/in/health-insurance/family-floater-health-insurance
