Best Health Insurance Plans in India 2023

resr 5paisa Research Team

Last Updated: 24th August 2023 - 12:54 pm

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Many consumers find it difficult to choose the finest health insurance plan from so many different health insurance companies. We will make your life simpler in this post by providing the best health insurance plans in India for 2023.

Health Insurance, like Term Life Insurance, is a must-have product. Life insurance, on the other hand, must be purchased only if you have financial dependents. This is not the case with health insurance; everyone should have it since no one knows when they may need to be hospitalised due to illness. 

Medical inflation is now creeping up at a pace of 14%. As a result, in many circumstances, funding hospitalisation expenditures from one's savings is impossible. A week of hospitalisation in a major city may wipe out the majority of your money. As a result, it is high time one must consider having a health insurance plan in place.

However, many find it difficult to choose the best health insurance plan from so many different health insurance companies. Keep reading to learn which are the best health insurance plans in India.

What Is A Health Insurance Plan?

Health insurance plans, often known as medical insurance, compensate policyholders for medical expenses such as those incurred during operations, treatments, and hospitalisation, as well as those incurred due to illness, injuries, or even accidents. While settling claims for health insurance, the insurer pays the benefits to the insured following the terms and conditions of the policy.

Why Buy the Best Health Insurance Plan?

In today's world, the cost of healthcare is continuously rising, making it critical to get a health insurance coverage that will cover your medical bills. Health insurance policies not only protect you and your family from high medical bills, but they also allow you to experience a happy and secure future.

Which Health Insurance is Best in India?

At 5 Paisa, we have done a deep dive to suggest the best health insurance plan that will cover your medical expenditures such as daycare fees, critical illness treatment, coronavirus treatments, and so on.


Sample Annual Premium* 


Star Health Comprehensive Plan 
(5 Lakhs to 1 Crore) 

Rs 10,420 

Day-care Procedures | Domiciliary Hospitalization | AYUSH Treatment 

Care Plan by Care Health Insurnace 
(5 Lakhs to 6 Crore) 

Rs 11,593 

541 Day-care Treatment | Auto recharge of Sum Insured | Maternity Covered 

Niva BUPA Health Reassure 
(3 Lakhs to 1 Crore) 

Rs 11,409 

Organ Transplant | Domiciliary Hospitalization | Hospital Daily Cash 

HDFC ERGO Optima Restore 
(3 Lakhs to 50 Lakhs) 

Rs 15,065 

No Claim Bonus | Restoration benefits | Domiciliary Hospitalization 

ICICI Lombard Complete Health Insurance 
(3 Lakhs to 50 Lakhs) 

Rs 13,672 

24x7 Customer Support | Personal Accident Cover | Coverage for New born 

* 2 Adults | Age: 30 Years | Sum Assured: Rs 5 Lakhs 

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