Published: Jul 27, 2022, 11:10am
The Star Health Insurance policies offer huge sum insured options ranging from INR 50,000 to INR 2 crore. The policies are designed for each age group, focussing on senior citizens and females and youngsters. They offer several new-age benefits such as e-medical opinion, telemedicine services, wellness programs and rewards, which can be further utilized for availing discounts on renewals, among others. Most of the polices have a co-payment of 10% to 20%, if any individual is entering above 60 years.
INR 50,000 to INR 2 crore
• Restoration Benefit, Maternity Coverage, Coverage for Day Care and Modern Treatments. • All policies covers Covid-19
INR 50,000 to INR 2 crore
• Restoration Benefit, Maternity Coverage, Coverage for Day Care and Modern Treatments. • All policies covers Covid-19
As the name says, this plan by the Star Health Insurance provides comprehensive coverage to individuals and families and offers complete health protection. It provides benefits such as no capping on room charges, air ambulance cover, cover for maternity, automatic restoration, among others.
Key Features:
This plan by Star is specially made to provide health protection to women of any age and her family. The sum insured ranges from INR 5 lakh to INR 1 crore. This policy is available for individual females and for family floater option, where minimum one adult female should be covered along with the other family members.
Key Features:
This is one of the very popular plans by the Star Health Insurance in the family floater option which covers self, spouse, dependent children from 16 days up to 25 years, parents and parents in law. The sum insured ranges from INR 3 lakh to INR 25 lakh.
Key features:
This policy is designed for senior citizens for the age of 60 years and beyond. Generally, other health plans have the maximum age bracket till 65 years, but the Star Health Red Carpet plan ensures coverage beyond this age limit. The minimum and maximum entry age is 60 years and 75 years. The policy tenure of this plan is of one, two and three years, which is available on individual and family floater basis. There is no requirement of any pre-medical screening before purchasing this policy.
Key Features:
This plan is designed for the people aged above 50 years with the sum insured coverage starting from INR 10 lakh to INR 1 crore. However, the sum insured range of INR 75 lakh and INR 1 crore is only applicable to the insured aged above 65 years. The policy is available in both individual and family floater options.
Key Features:
The Star Super Surplus policy is a health top-up plan which can be taken to have the extra coverage above the regular health insurance policy. This surplus policy comes in two variants: Silver and Gold plan for both individual and floater options.
Key Features:
For Individual Plan
Sum Insured (INR) Deductible
7 lakh 3 lakh
10 lakh 3 lakh
For Family Floater Plan
Sum Insured (INR) Deductible
5 lakh-1 crore 3 lakh to INR 25 lakh
For Gold Plan
Sum Insured (INR) Deductible
10 lakh 3 lakh & 5 lakh
For Family Floater Plan
Sum Insured (INR) Deductible
5 lakh-1 crore 3 lakh to INR 25 lakh
This is a classic insurance plan with a lot of health benefits and bonus options to enhance the sum insured amount. This policy is designed for individuals with coverage up to INR 15 lakh. The policy can be purchased for one, two and three year.
Key Features:
More Benefits Under Gold Plan
This policy is providing coverage for both inpatient and outpatient costs. Inpatient costs are like room rent, ICU charges, operation theater charges, doctor fees, nursing charges and more. Outpatient costs are medical expenses which are incurred without being hospitalized. This policy comes with the sum insured options ranging from INR 1 lakh to INR 5 lakh. This plan also gives flexibility to the policyholder in opting the sum insured amount along with the premium. The Star Health Gain is available for both individual and family floater options.
Key Features:
For Inpatient hospitalization:
For Outpatient Hospitalization:
The Star Criticare Plus policy gives you the coverage for all hospitalization expenses on the diagnosis of critical illness such as cancer, heart stroke, asthma, among others. This policy covers nine major critical illnesses and offers the option of lump sum payment for the specified critical illness. However, this compensation is only available after 90 days of waiting period.
Key Features:
This policy is specially designed to meet the health insurance needs of the people living in small and rural areas. The policy is available for both individuals and floater options. The sum insured options for individual policy is INR 1 lakh and for floater option is INR 2 lakh.
Key Features:
This plan provides a fixed amount of sum insured for each day of hospitalization due to illness, sickness or injury. This amount helps the insured to meet the miscellaneous costs such as food, conveyance expenses, incurred during the hospitalization.
Key Features:
This policy focuses on the insured’s outpatient care expenses such as doctor fees, cost of medication, diagnostic costs, among others. Outpatient expenses are incurred by the insured without being hospitalized even for a day.
Key Features:
This policy is best-suited and specially designed for younger policyholders. It aims to provide comprehensive sum insured coverage with special discounts, maternity and newborn cover, no co-pay clause and new-age benefits like e-consultations, wellness rewards, among others. This plan has two variants: Silver and Gold. Any person aged between 18 years to 40 years can buy this plan.
Key Features:
Individual Plan: INR 3 lakh
Both Individual and Floater Plan: INR 5 lakh to INR 1 crore
Benefits limited to Gold Plan only:
This is a standard and low-cost health insurance policy which covers basic and essential health insurance needs. The policy can be taken on both individual and family floater basis. The sum insured ranges from INR 50,000 to INR 10 lakh.
Key Features:
This plan aims to provide coverage for hospitalization expenses arising out of accidents or sickness. It provides benefits such as wellness discount, automatic refill of the sum insured amount and the wider coverage up to INR 2 crore. It covers nine members of the family and is available for both individual and floater.
Key Features:
This policy is tailor-made for diabetic patients exclusively covering both type 1 and type 2 diabetes hospitalization expenses and other related complications. There are two variants of this policy, Plan-A and Plan-B. Any individual aged between 18 years to 65 years, living with diabetes mellitus can buy this insurance plan.
Key Features:
This policy is specially designed for the individuals who have already undergone cardiac procedures. The policy gives the flexibility of providing coverage for hospitalization expenses for accidents and treatments other than cardiac also. This plan comes in Silver and Gold variants.
Key Features:
Star Cancer Care Gold is the first ever kind of pilot product that has been launched in the health insurance sector of India and thus it comes with a limited period offer. This plan is made for people who have been diagnosed with cancer. Anyone aged between 5 months to 65 years can avail the benefits of this plan. It offers coverage from INR 3 lakh to INR 5 lakh.
Key Features:
This is an indemnity-based tailor-made health plan for children who have been diagnosed with autism disorder. Anyone aged between three to 25 years can avail the benefits of this plan.
Key Features:
This policy provides a lump sum payout of INR 21,000 and INR 42,000 on the diagnosis of Covid-19. This payment is on the actual bills of hospitalization costs and on the basis of positive diagnosis for Covid-19.
Key Features:
This is another kind of Covid-19 based health plan. It comes with a sum insured option of INR 50,000 to INR 2,50,000. In this policy, 100% lump sum payment is given on the positive diagnosis of Covid-19, requiring continuous hospitalization at least for 72 hours.
Key Features:
The Star Health Insurance promises a customer-friendly and hassle-free claim reimbursement approach to its policyholders. Let’s have a look at their claim settlement process:
Cashless Claim Procedure:
Reimbursement Claim Procedure:
While analyzing the health insurance policies of the Star Health Insurance, Forbes Advisor India evaluated them on the basis of the following parameters:
Network of Hospitals: It is always better to check if the insurance company has an adequate list of network hospitals. The Star Health Insurance has a huge network of more than 12,000 cashless hospitals.
Sub-Limits: A health policy that does not have any sub-limits on hospital room rent or co-payment clause, is also an important factor while considering a health policy. The policies of the Star Health Insurance have certain sub-limit on room rent and co-payment.
Policy Terms and Conditions: For buying an effective health policy, it becomes necessary to check the terms and conditions of the policy before actually purchasing it.
Waiting Period: This is also a very crucial parameter, as insured will not be able to activate the policy if the waiting period is not completed.
Add-on Benefits: The Star Health policies have a huge range of benefits such as maternity coverage, comprehensive coverage, multiple options to enhance the sum assured option, cumulative bonus and other new-age benefits such as reward points, discounts on premium, e-opinions, among others.
Range of the Sum Insured: Buying a comprehensive sum insured health coverage for family is always beneficial. Having a wide range of the sum insured can be quite helpful in choosing a perfect health policy.
Renewability of Policy: We have also taken into consideration how easy it is to renew the policy once taken from the Star Health Insurance. All the plans ensure lifelong renewability, where the insured can renew the policy for life, irrespective of any age or other issues.
Rashi Maheshwari is a Deputy Editor for Forbes Advisor India. She has more than a decade of experience working in news, public relations and communications. In the past, she has worked with CNBC Awaaz, CryptoWire, among others and has covered beats including insurance, personal investments and cryptocurrency. She is a travel enthusiast and would like to visit every country and try as many different culinary specialities as possible.
