Comprehensive Comparison: Kenko, Star Health, and New India Health Insurance in India
When choosing the right health insurance in India, there are numerous options available, making the decision a daunting task. This article aims to provide a detailed and unbiased comparison of Kenko, Star Health, and New India Assurance, helping you make an informed choice. We will cover aspects such as coverage, company history, network hospitals, and claim settlement ratios.
Kenko Health Insurance
Kenko is highly regarded and recognized as one of the best health insurance providers in India. It offers comprehensive coverage for hospital bills, regular doctor visits, diagnostic tests, and much more. Having Kenko as your health insurance has eliminated the stress of spending a significant amount of money on regular doctor consultations. In emergencies, the Kenko team is prompt in providing assistance and ensuring both financial support and better recovery. This makes it an excellent partner for your family's healthcare needs.
Star Health
Star Health is a standalone insurance company boasting over 10 years of experience. It offers a wide network of over 11,000 hospitals, making it accessible to a large number of patients. However, it is important to note that compared to New India Assurance, Star Health has a lower claim settlement ratio of 83%, which is 13% lower than New India's 96%. This indicates a slightly slower process in settling claims.
New India Assurance
New India Assurance is a well-established insurance company with over a century of experience, providing coverage across various segments. In comparison to Star Health, New India Assurance has a higher claim settlement ratio of 96%, indicating a more efficient and prompt claim settlement process. Despite having a slightly smaller network of 2,500 hospitals, its extensive experience in the industry makes it a reliable choice for many.
Limitations and Recommendations
Both Star Health and New India Assurance have some limitations and sub-limits that may affect your coverage. These include single standard room, zone concept, no consumables cover, and modern treatment limits. Additionally, there are 10 bonus days for hospitals below star scale. These limitations can limit the flexibility and comprehensive nature of the coverage offered.
Considering these factors, if you are seeking a more comprehensive and flexible health insurance plan, I would recommend exploring the Tata AIG policy. This policy does not have any limits and covers everything, including:
No room limit, even in private suites Global coverage No zone concept Coverage for consumables and modern treatments 50 bonus days for no-claim period Organ donor cover Restoration for both related and unrelated diseases Air ambulance cover Maternity care OPD consultations Dental coverage Accidental coverageIf you require more information or assistance in purchasing the best health insurance, feel free to contact me at 91638 54758. I can also assist you with hassle-free claim settlements and guide you through the process. For more detailed information, you can also watch my video.
Remember, while both Star Health and New India Assurance have their merits, Tata AIG offers a more comprehensive and flexible option for your healthcare needs. Stay informed and make the best choice for your family's health and well-being.
Best regards,
~Siddhant Kanodia
CA CFA BCom, Certified Wealth Planner
Founder, East Star Insurance Advisors