Health

Family Health Insurance Plans | Best Mediclaim Policy for Family

Family Health Insurance Plans
Written by Medhaavi Mishra

Family health insurance or Family mediclaim policy offers the following key things;

  • It offers a substantial cover to you & your whole family against hospitalization expenses you may incur.
  • This cover is provided on an individual as well as family floater basis.
  • Family health insurance plans also offer benefits like cashless treatment at network hospitals during an emergency on an individual or floater sum insured basis. 
  • If you have family health insurance, you need not worry about having a large amount of money during a medical emergency.

What Family Health Insurance Exactly Is?

Your family health insurance policy’s like a health insurance plan. It provides coverage to all the members of your family under one single, unified health insurance plan. Like every health insurance plan, a family health insurance plan also has a fixed cover amount.

This fixed cover amount can be divided among all family members. It is even permissible that a single family member can consume a larger part of the cover amount than others. The entire policy is based on a notion that all family members do not fall ill or require hospitalization simultaneously. A family health insurance is also at times referred to as mediclaim for family.

Most of the family mediclaim plans provide various benefits that include covering for pre-hospitalization & post-hospitalization expenses. These plans also have maternity benefits to some extent & most importantly, there is cashless treatment available at network hospitals. 

So far, we have understood the important features and benefits of family health insurance plans, now let’s understand what are the best family health insurance plans you can buy for you and your family.

10 Best Family Health Insurance Policies in India

Here’s a list of some of the finest family health insurance policies from elite health insurers in India.

  1. Universal Sompo Complete Healthcare Insurance Policy
  • The cover offered for this plan is between Rs. 1 lakh to Rs. 10 Lakhs.
  • This plan offers benefits like domiciliary hospitalization, vaccination coverage, in-patient hospitalization costs, OPD treatment expenses, childcare benefit & maternity benefit.
  1. United India Family Medicare Policy
  • The cover offered for this plan is between Rs. 3 lakhs to Rs. 25 Lakhs.
  • This plan offers benefits like Organ donor expenses, Day care treatment, Modern treatment, Pre & post hospitalization costs and Health Check-ups
  1. Tata AIG MediCare
  • The cover offered for this plan is between Rs. 3 lakhs to Rs. 20 Lakhs.
  • This plan offers benefits like Vaccination cover, Consumables benefit, AYUSH benefit, Ambulance cover and In-patient treatment
  1. Star Family Health Optima Insurance Plan
  • The cover offered for this plan is between Rs. 3 lakhs to Rs. 25 Lakhs.
  • This plan offers benefits like AYUSH treatment, Newborn baby cover, Assisted reproduction treatment, Pre and post hospitalization costs, Day care treatment
  1. Royal Sundaram Lifeline
  • The cover offered for this plan is between Rs. 2 lakhs to Rs. 1.5 Crores.
  • This plan offers benefits like International emergency hospitalization, Maternity benefits, In-patient care, Day care treatment and OPD treatment.
  1. Reliance HealthWise Policy
  • The cover offered for this plan is between Rs. 1 lakh to Rs. 5 lakhs.
  • This plan offers benefits like Domiciliary hospitalization, Pre & post hospitalization costs, Donor expenses, Modern treatment and Critical illness.
  1. Raheja Health QuBE
  • The cover offered for this plan is between Rs. 2 lakhs to Rs. 50 lakhs.
  • This plan offers benefits like Daily allowance, Ambulance costs, Organ donor benefit, In-patient hospitalization costs and Medical check-up.
  1. Oriental Happy Family Floater Policy
  • The cover offered for this plan is between Rs. 2 lakhs to Rs. 20 lakhs.
  • This plan offers benefits like Attendant allowance, Domiciliary hospitalization, Mental illness, Pre & post hospitalization costs and Maternity expenses.
  1. New India Assurance Floater Mediclaim Policy
  • The cover offered for this plan is between Rs. 2 lakhs to Rs. 15 lakhs.
  • This plan offers benefits like treatment for Congenital diseases, Critical care, Mental illness, Modern treatment and Hospital cash
  1. Niva Bupa Heartbeat
  • The cover offered for this plan is between Rs. 3 lakhs to Rs. 50 lakhs.
  • This plan offers benefits like treatment for HIV/AIDS, treatment for Mental disorder, Critical care, Alternative treatment, In-patient care and Maternity benefit.

Family Health Insurance Plan – What’s Covered

  • In-patient Hospitalization costs are covered in Family health insurance.
  • It means any hospitalization cost due to accident related injury or illness provided the hospitalization was for more than 24 hours.
  • Day Care Procedures– It covers the cost of daycare procedures that require hospitalization of less than 24 hours.

Family Health Insurance Plan – What’s Not Covered

  • OPD treatments
  • Regular medical check-ups
  • Expenses related to any aesthetic treatment 
  • Expenses related to any plastic surgeries

We hope the above information is sufficient to help you understand the importance of having a health insurance plan for your family and shall also help you select the right plan for them.

About the author

Medhaavi Mishra