Best Government Health Insurance Company in India

National Insurance Company Limited (NICL) is the oldest general insurance company owned by the Government of India. Based in Kolkata, the company has been serving its customers since 1906. It offers several individual and comprehensive health insurance plans to meet varying consumer needs. With about 1340 offices all over India, the company has operations in several northern and eastern parts of India. 

Key Features:

1. Network Hospitals: 6000+
2. Incurred Claim Ratio: 101.09%
3. Renewability: Lifetime
4. Waiting period for pre-existing diseases: 4 years

The benefits of National Insurance Company’s health insurance include:

1. National Health Insurance offers lifetime renewability. 
2. It includes a free-look period of 15 days from the date of receipt of the policy. 
3. Most plans cover medical costs 30 days before and 60 days after hospitalisation. 
4. Some health plans offer free medical check-ups up to 1% of the sum insured after four claim-free years. 
5. It offers 140+ daycare procedures.
6. Coverage extends to Homeopathic and Ayurvedic treatments as well. 
7. An extensive family insurance plan called Parivar Mediclaim Policy covers medical expenses for upto six family members. 

Some health insurance policies offered by National Insurance Company include:

1. National Insurance Mediclaim Policy
2. National Insurance Mediclaim Plus Policy
3. National Varishtha Mediclaim Policy for Senior Citizens
4. National Insurance Parivar Mediclaim Policy
5. National Insurance Parivar Mediclaim Plus Policy
6. National Insurance Critical Illness Policy
7. National Insurance Individual Personal Accident Policy

Oriental Insurance Company Limited, founded on 12th September 1947 in Bombay, is a wholly-owned subsidiary of Oriental Government Security Life Assurance Company Limited. The company offers a range of health insurance plans to the rural and urban populations of the country, curated after considering the insurance needs of various individuals. With over 1800 operating offices, Oriental Insurance Company has an extensive presence in various cities across India. 

Key Features:

1. Network Hospitals: 4300+
2. Incurred Claim Ratio: 112.51%
3. Renewability: Lifelong
4. Waiting period for pre-existing diseases: 4 years

The benefits of Oriental Health Insurance include:

1. Oriental health plans offer lifelong insurance benefits. 
2. It offers a smooth and hassle-free claim experience to its policyholders. 
3. It covers inpatient hospitalisation costs like ICU charges, OT charges, medical bills, etc. 
4. It covers up to 30 days of pre-hospitalisation and 60 days of post-hospitalisation expenses. 
5. Some oriental health plans cover daycare procedures and treatments. 
6. Donor charges for organ donation are covered as per the selected plan.
7. It offers maternity cover for infants and mothers. 
8. As per section 80D of the Income Tax Act, 1961, the plans offer tax deductions for insurance premium payments. 

Some health insurance policies offered by Oriental Insurance Company include:

1. Oriental Individual Mediclaim Plan
2. Oriental Happy Family Floater Plan
3. Oriental Group Mediclaim Plan
4. Oriental Overseas Mediclaim Plan
5. Oriental Bank Mediclaim Plan
6. Pravasi Bharatiya Bima Yojana (PBBY) Plan
7. Jan Arogya Plan
8. Health of Privileged Elders (HOPE) Plan
9. Group Mediclaim Plans for employees and bank account holders

United India Insurance Company is a Government-owned company known for its affordable and customised insurance plans. The company offers extensive medical coverage against illnesses, accidents, and hospitalisation expenses. Moreover, it provides a wide range of insurance products for individuals, groups, families, and senior citizens to meet the insurance needs of diverse consumer segments. Headquartered in Chennai, it is a merger of 22 companies with about 2270 offices across the country.  

Key Features:

1. Network Hospitals: 7000+
2. Incurred Claim Ratio: 106.04%
3. Renewability: Lifelong
4. Waiting period for pre-existing diseases: 4 years

The benefits of United India Health Insurance include:

1. Almost all its health insurance policies offer lifetime renewability to the policyholder. 
2. It covers hospitalisation expenses, such as ICU charges, nursing expenses, specialist fees, etc. 
3. It includes pre-hospitalisation expenses for upto 30 days and post-hospitalisation expenses for up to 60 days. 
4. The company offers medical check-ups up to 1% of the sum insured to a maximum of Rs. 5000 after every three claim-free years. 
5. It offers a portability option in which the policyholders of different insurance companies can switch to United India Health Insurance plans. =

Some health insurance policies offered by United India Insurance Company include:

1. United India Individual Mediclaim Plan
2. United India Family Medicare Plan
3. United India Family Medicare 2014 Plan
4. United India Senior Citizen Plan
5. United India Gold Plan
6. United India Platinum Plan
7. United India Top Up Plans
8. United India Super Top Up Plans
9. United India UNI Criticare Plan

Every health insurance company offers different plans catering to the needs of different individuals and groups. What works best for one may not fulfil the requirements of another. For instance, some people may consider an insurance company the best if it provides quality services and offers several benefits. In contrast, others may prefer a company with a large network of partner hospitals. 

Some common factors you may want to consider before choosing a health insurance company in India include:

1. Cashless Network of Hospitals: Every insurance company has a network of hospitals to provide cashless treatment. The larger the network, the greater the chances of availing of cashless treatment at a nearby hospital. 
2. Health Insurance Plans Availability: Some insurance companies offer only individual and family insurance plans. On the other hand, other companies also offer plans to meet the needs of specific groups, such as children, women, or senior citizens. Choose an insurance company whose plans match your insurance requirements and health goals. 
3. Claim Settlement Process: Choosing an insurance company with a smooth claim settlement process is extremely important. Why? Because dealing with complex, time-consuming operations amid a medical emergency can have detrimental consequences on physical and mental health. Ensure checking the insurance company’s claim settlement ratio (number of claims settled out of the total claims received in one financial year) - the higher the claim settlement ratio, the better the company’s claim settlement process. 
4. Customer Support: An effective customer support team is another factor you should consider before choosing an insurance company. Select a company that has a 24x7 helpline number where you can get your issues resolved anytime you want. 
5. Digital Presence: In this digital era, you can easily purchase insurance online without the hassle of visiting the insurer, chasing agents, paying brokerage fees, and doing tedious paperwork. So choose a company with a digital presence, allowing you to buy insurance through their official website from the comfort of your home. 

Considering the increasing number of life-threatening diseases and expensive treatment, having a health insurance policy is the need of the hour. If you still haven’t got one, purchase an insurance plan from the best Government health insurance company in India that matches your healthcare requirements. 

A claim settlement process can feel overwhelming, especially during an emergency. However, with assistance from HexaHealth, you can rest assured of a hassle-free procedure, from admission and treatment to claim settlement and discharge.