List of 8 Best Health Insurance Companies Online in India for 2022


With so much information online, it can be difficult for customers to identify the leading health insurance companies in India. But don’t just believe the first agent you’re talking to or rely on Google search to make a decision. The important question to ask here is – how do you choose the best health insurance plan?

There are many health insurance companies in India that offer a wide range of health insurance schemes to cater for the different health insurance needs of different people. With its various offerings, every health insurance company strives to offer its customers various features and benefits. It can be difficult to find or choose the best health insurance company you can completely rely on for all your health insurance needs. While looking for a health insurance policy one question comes to mind for everyone which is the best health insurance company in India where we can buy the best health insurance plan. So below, we have listed some of the top health insurance companies in India.


8 Best Health Insurance Companies in India 2022

Here we listed out of 8 best health insurance companies in India for 2022 you should know about:-

  • Bharti AXA General Insurance Company Ltd
  • Tata AIG
  • AEGON Life
  • HDFC Ergo Health
  • ICICI Lombard
  • Star Health Insurance
  • Niva Bupa (Formerly known as Max Bupa)
  • Future Generali

Based on the above factors, let us take a closer look at India’s leading health insurance companies as mentioned below: –

Bharti AXA General Insurance Company Ltd

Bharati AXA General Insurance Company is one of India’s leading and leading health insurance companies. It is a joint venture between Bharti Enterprises (India’s leading trading company) and AXA Group of France (leading in financial protection and asset management). The company was founded in 2008.

The company offers all kinds of general insurance products to individuals and businesses; health, team life, health, and car. Bharati AXA also offers some of the best online health insurance policies. It has branch offices of about 60 companies worldwide.

It is the first Indian insurance company to obtain ISO 9001: 2008 and ISO 27001: 2005 certificates in its first year of operation. This ensures good company performance, honesty, and commitment. It has a transparent, fair, and seamless process to pay the claim. In addition, it has a proven track record of the highest claims payment rate, at 98.27% in 2018-19.

The company offers a series of health insurance plans:

  • Bharti AXA Intelligent Health Insurance Policy
  • Bharti AXA Smart Super Health Insurance Policy
  • Bharti AXA Health Insurance Sensitivity Program
  • Bharti AXA Smart Personal Accident Insurance Plan

Tata AIG

One of India’s largest health insurance companies, Tata AIG General Insurance Company Limited is a joint venture between the renowned Tata Group and American International Group (finance and insurance company). The company started operating in 2001 and offers private and business insurance plans.

The company has a claim rate of 95%. Tata AIG offers many programs designed for families, women, the elderly, serious illnesses and more. The company also allows customers to buy health insurance online with the most affordable premiums. Check out some of Tata AIG’s top health insurance plans:

  • Tata AIG MediCare
  • Tata AIG MediCare Premier
  • Tata AIG MediCare Protect
  • Health Manager
  • MediSenior
  • Wellsurance Woman
  • Family Health
  • Serious Disease Policy


AEGON Insurance is a joint venture between AEGON Life (Dutch Dutch financial services provider) and Bennett, Coleman & Company (Times of India publishers). The company that started in 2008 is one of the most award-winning insurance companies in India.

It has a fixed claim payment rate, which was 95.67% in 2017-18. The company offers different types of health insurance plans, as below:

  • Acute Disease Health Program
  • ICancer program
  • Senior Citizens Health Program
  • Surgery Profit Policy
  • Mico-insurance policy
  • Unit-based health systems

HDFC Ergo Health

A joint venture between HDFC Ltd. and Ergo International AG, HDFC Ergo is the fourth largest insurance company. The company offers a complete list of health insurance products and has a claim rate of 90.32%.

It has won many prestigious awards for bringing outstanding customer information such as the Best Customer Experience Award of the Year 2016. It was also awarded an ‘iAAA’ rating by ICRA for its superior ability to pay claims.

The company offers dedicated health programs for individuals, families and parents. Some of the company’s health insurance schemes are:

  • Health Medisure Classic
  • Health Suraksha Top-up
  • Health Medisure Top-up
  • Critical Disease Insurance
  • Women’s Health Insurance

ICICI Lombard

ICICI Lombard was established in 2001 as a joint venture between ICICI Bank and Fairfax Financial Holdings, a Toronto-based financial services company. The company is one of the largest insurance companies in India. It also offers online health insurance to make customer information more flexible and convenient.

It is also one of the top health insurance companies because of its amazing application experience. The company had a strong claim rate of 99.87%.

Among its key health insurance products are:

  • Complete Health Insurance
  • Health Booster
  • Your Protection
  • Disease Control Program
  • Aarogya Sanjeevani policy

Star Health Insurance

Star Health Insurance ranks as one of the largest insurance companies in India. Produced by Star Health and Allied Insurance Co. Ltd., whose operations began in 2006. It has covered more than 16.9 million lives since its inception and manages assets worth more than INR 17,211 crores. He is undoubtedly one of the fastest growing and prominent insurance providers in the country.

Among its list of unique Mediclaim policies, as well as health insurance schemes, is a special policy – Star Cardiac Care, making it the first insurance company to offer a program specifically designed for people suffering from heart disease. Star Health is one of the leading health insurance companies in terms of claim. The company’s application fee payment rate is 61.76%. It is also known for resolving more than 90% cashless claims with an average payment period of less than 2 hours.

Here are some of the services offered by Star Health Insurance:

  • Red Citizen Health Insurance Scheme
  • Complete Star Insurance Policy
  • Mortgage Insurance Policy
  • Family Health Insurance Scheme
  • Old Media Median Policy (Individual)
  • Star Health Insurance Policy

Niva Bupa (Formerly known as Max Bupa)

A joint venture between Max Group and Bupa, a leading healthcare provider with more than 60 years experience, Max Bupa started in 2010. The company’s claim rate for 2018-19 was 89%.

Max Bupa has built a network of 21 offices across the country. It also has a network of more than 34,000 agents and a large network of hospitals that offer free medical care. It brings exemplary claim payment experience and prides itself on resolving 9 out of 10 cash claims in less than 30 minutes. The company offers a complete range of programs for individuals and families.

  • Health Premia
  • Health Friend
  • GoActive
  • Heartbeat
  • Health Pulse
  • Risk Care

 Future Generali

A merger of Future Group and Generali in 2007, Future Generali India offers a wide and varied range of health insurance schemes as shown on its website. It has a wide range of product portfolio that caters to the diverse needs of a wide range of customers. Its customer-focused approach makes it one of India’s leading health insurance companies. The company’s claim payment rate is 96.95%.

Some of its health plans:

  • Total Health – Mediclaim Insurance
  • Future Vector Care – Mosquito Insurance
  • Future Hopicash – Hospital Fee
  • Aarogya Sanjeevani policy
  • Future Criticare – A Critical Disease
  • Future Health Surplus – Top up

6 Factors to Consider When Choosing a Health Insurance Company

Here are 6 important things to keep in mind when choosing your health insurance company as outlined below: –

  • Consolidation
  • Accessibility
  • Financial Structure
  • Update Program
  • Claim payment rate
  • Value Added Benefits
  1. Cover: List any existing or potential health problems that you would like to be included in. Talk to a doctor or certified application counselor for a better understanding.

(i) Your health plan should reassure you against a list of health problems. These include:

Dental care
Chronic conditions (if any)
Diseases at risk, taking into account your family health history

(ii) It must also include:

Pre- and post-hospital expenses
Travel expenses
Ambulance or emergency care
Cost of child care

(iii) Write down the health problems of all family members when planning family life.

Post this, you can compare the programs and benefits offered by different insurance companies online to find one that best suits your medical needs. Be sure to check the waiting times and sub-limits for re-installation. Higher health insurance policies do not set limited limits and waiting times and ensure the best protection for their customers with reasonable premiums.

  1. Affordability: Set a balance between what you can afford and the level of service you find appropriate.

Start with a decent health plan to avoid financial instability. As time goes on and you get married or the size of your family grows, review your needs and increase coverage accordingly. You can choose a family float plan in this section. Advanced health insurance schemes offer you comprehensive protection at reasonable prices and offer you the best value for money.
Review the accessibility of your primary care physician, preferred physician, or network of hospitalized programs. Top health insurance companies have large hospital networks that allow their customers to receive the best possible treatment.

  1. Currency Establishment: Analyze the cost structure of plans you can get and understand how they affect payments, coinsurance, deductions, and out-of-pocket quantities.

Deductions: The fixed amount you pay before health insurance starts to cover the costs covered.
Payment: The fixed amount you pay for covered medical services such as doctor visits.
Coinsurance: Percentage payable for insurance coverage when the deduction is satisfied.
Out of pocket: The maximum amount an insured person can pay for cover medical services annually.

  1. Plan for renewal: You may need a health plan in the later years of your life. So, go for one that offers lifelong rejuvenation. Advanced health insurance schemes do not have age restrictions at the time of renewal and can therefore be renewed throughout life.
  2. Claim payment rate: The higher claims fee reflects the company’s ability to pay claims.

Always choose a health insurance provider with the highest rate of claims. Top health insurance companies have systems that pay for seamless and fast claims that fix legitimate claims without suffering.
Ideally, anything between 75% and 90% can indicate that you are in safe hands.

  1. Added Benefits: Look for additional benefits, if any, such as a website or mobile app, discount programs, online health insurance products, 24 × 7 support, and more.


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