Indian health insurance market is flooded with a large number of health insurers who always try to offer quality services. When it comes to providing adequate health insurance coverage, Star Health Insurance, is one of the most trusted names to consider.
Star Health and Allied Insurance Co. Ltd. commenced its operations in the year 2006. Since then Star health insurance has earned a renowned name in the medical insurance sector with its comprehensive range of health insurance and accident care plans. The company offers a host of affordable medical insurance products ranging from star family health insurance, cancer insurance, and diabetes insurance among others. The insurer also provides health insurance for autistic children.
It also claims to be India’s first standalone health insurance company. Let’s have a glance at what makes it one of the top health insurance providers in the market.
|Incurred Claim Ratio||60.51%|
|Waiting Period||4 years|
Adults: Between 18 & 65 yearsIndividual/family floater
|Name of the Plan||Sum Assured||Entry Age||Waiting Period||Plan Type|
|Star Family Health Optima Insurance||1 lakh to 25 lakhs||18 years and 65 years||36 months||Individual/family floater|
|Star Senior Citizens Red Carpet Insurance||1 lakh to 10 lakhs||60 to 75 years||2nd year onwards||Individual|
|Star Comprehensive Insurance||5 lakh to 25 lakhs||Children: 3 months to 25 years
Adults: Between 18 & 65 years
|Star Medi Classic Insurance||1.5 lakhs to 15 lakhs||5 months and 65 years of age||48 months||Individual|
|Star Health Gain Insurance||1 lakh to 5 lakhs||91 days to 65 years||48 months||Individual/family floater|
|Star Super Surplus Insurance||5 lakhs to 15 lakhs (deductibles applicable)||Children: 91 days to 25 years
Adults: 18 to 65 years
|36 months||Individual/family floater|
|Star Cancer Care Gold Insurance||3 lakhs to 5 lakhs||5 months to 65 years||48 months||Individual|
|Star Diabetes Safe Insurance||3 lakhs to 10 lakhs||18 years and 65 years||48 months||Individual/family floater|
|Star Cardiac Care Insurance||3 lakhs to 4 lakhs||10 years and 65 years of age||48 months||Individual|
|Star Special Care Insurance||3 lakhs||3 to 25 years||48 months||Individual|
|Star Net Plus Insurance|
|Star Care Micro Insurance||5 lakhs to 15 lakhs||18 years to 65 years||48 months||Individual/family floater|
|Star Criticare Plus Insurance||2 lakhs to 10 lakhs||18 years to 65 years||Individual/family floater|
|Star Family Delite Insurance||2 lakhs to 3 lakhs||5 months to 65 years||48 months||Individual/family floater|
Star Health Insurance offers a wide range of coverage through various plans. Let’s have a look:
This plan offers optimum coverage to your family. It offers a high sum insured (up to Rs. 10 Lakh) with lifetime renewability.
This Plan is designed for both individuals and family, extending coverage to spouse and dependent children. It offers Sum Assured up to Rs. 25 Lakh.
The health plan is designed for senior citizens who have attained an age of 60 years. You don’t have to appear for pre-medical screening under this plan.
This is a family health insurance policy, which is extended as a family pack, including mediclaim and health benefits and bonus options.
Diabetes Safe Insurance by Star Health Insurance is especially designed for diabetic patients. The Sum Assured is up to Rs. 10 Lakh.
This health insurance policy is for heart patients with a Sum Assured up to Rs. 4 Lakh.
This health plan is for those people who reside in rural areas. It provides affordable healthcare solution to its customers.
Star Net Plus Health Insurance is a plan for HIV+ patients with Sum Assured up to Rs. 50,000.
The age criterion to buy this plan is from 91 days to 65 years. It offers coverage to you and your family including dependent children and spouse.
This plan is designed for people who are suffering from cancer. 50% of the sum insured is paid in lump sum and it also covers metastasis that is not related to first cancer.
This plan is specifically designed for children suffering from autistic disorder.
It covers 9 specified critical ailments and the payment is made in lump sum upon the diagnosis.
Star Health offers a hassle-free claim process. You can file a claim in two ways- cashless and reimbursement claim. Both the claim processes are mentioned below:
To make a claim for reimbursement, follow the below mentioned steps:
To avail the benefits of a star health mediclaim policy on a continuous basis, you need to renew policy on time. Failing to do so may lead to discontinuation of your mediclaim policy. This is why a reminder is given by the insurer. However, if you forget to renew the plan, do not fret. Star Health offers a grace period, during that time you can renew the expired star health insurance plan.
Here’s a quick rundown of the step-wise procedure for Star medical insurance renewal-
It is suggested that you go through Star health insurance reviews online before the renewal. As it will help your to decide further.
Star health insurance plans offer a wide range of coverage which varies from one plan to another. Elucidated below are some common coverages that you can avail-
The following conditions are not covered in Star mediclaim policies-
For detailed list please refer to the policy wordings.
The advantages of star medical policy are listed below-
The company has been accorded with the title of ‘health insurance company 2017’ by National Awards for Marketing Excellence. The other accolades received by the company include:
The most convincing reasons for considering Star Health Insurance Co. Ltd. as your insurance provider are:
You can apply for star health insurance by two means-
Because of busy and hectic lifestyle, it is way more convenient to buy a health insurance plan online. Moreover, online health insurance offers the facility of online comparison of various plans. Through online insurance calculator, one can judge the plans based on some parameters, such as coverage offered, features, claim settlement ratio, premium etc. Moreover, it helps in knowing the premium to be paid before choosing a plan. Let’s say, you want to buy star health insurance. By using star health insurance premium calculator, the premium you are going to pay by opting for a particular health plan from Star Health.
When buying a plan, premium is one the most important factors to consider while buying a health plan. Star Health and Allied Insurance Company assists you in knowing the premium beforehand. With the help of Star Health Insurance Premium Calculator, you can calculate the premium of various health plans offered by the company. This is the easiest and the most convenient way of buying a plan that suits your needs and wallet as well. By providing some information, you can find out a suitable plan with the help of a premium calculator online.
Simply follow these steps-
Select a star medical insurance plan and go to the insurance calculator page on the insurer’s site. For instance, if you opt for a family floater plan, you need to enter the basic details like the amount of sum insured, number of family members, their age, age of the eldest member, geographical location etc.
Once all the information is provided, the premium will be calculated and an estimation of the premium for the selected plan will be provided.
You might be thinking why there is such fuss around online comparison of insurance plans.
The reason, it offers competitive deals and a range of top alternatives. So, if you want to buy star health insurance online, always consider these points while comparing the plans.
Scope of Cover: Look for extensive coverage. Apart from common coverage offered in all plans, if the insurer covers treatments like Unani, Ayurveda, pregnancy coverage, homeopathy, you should consider it.
Exclusions: This point is a must to consider. Like the coverage list, one should consider what all is excluded by the insurer. This way, you can find out if the plan is relevant for you or not.
Discounts or Bonus: It really sounds good that every insurer offers a lump sum discount either on a family floater or if more than one member is covered by separate insurance plans or you’ve bought multiple plans from the same insurer. There is also a defined bonus called NCB, payable for every claim free year. So, always check if you’re also entitled to the same.
Incurred Claim Ratio (ICR): One of the most important factors to consider is the ICR of the company. It reflects on the claim-paying ability of an insurer.
Network Hospitals: Every insurer has a list of network hospitals where one can avail cashless claim facility. Check whether the list contains the hospitals in your vicinity, to avail instant services in case an emergency.
The list of documents that are required to reimburse your star health insurance claims are elucidated below-
When someone buys health insurance, she/he should keep I mind that it requires timely renewal to secure uninterrupted policy benefits. If you, too, have recently bought star health insurance, do consider these tips when star health insurance renewal date is due.
In case you fail to renew your policy on the due date, the insurer usually offers 30 days as a grace period before the policy lapses. However, no insurance claim will be entertained during this time. Star health also offers a grace period to renew the policy. But why take a risk? Set a reminder and try to pay the premium well in advance.
If the policyholder feels the offered sum assured in insufficient, then the star health insurance renewal time is the only period when one can apply to increase it. Mind it, the insurer may apply its terms and conditions like no claim history, health check-ups, etc. before approving or rejecting the request.
Usually, policy terms and conditions remain the same until renewal and it is only done with the approval of IRDA. If there is any change, the insurer has to inform the insured ASAP. In such a case, if the new terms don’t go down well with you, you will have an option to switch to a similar plan with the current insurer or port the policy to another insurer.
Insurance works on the principle of faith. There should be complete transparency between you and the insurer. Though the terms and conditions remain the same during and after renewal, due to adverse claims experience, the insurer may load the insurance, but it will be worth it as full disclosure can reduce the chances of your claim getting rejected. Hence, it is very important to maintain transparency; if you develop any health condition, keep the insurer in the loop.
When planning your finances, it is important to review health insurance requirements as well. The reason, you will get enough time to fix the changes before your renewal date arrives. So, the renewal time of star health insurance is the best time when you can set a slab on coverage as per the needs of your family.
If you’re looking for best health insurance in India, then Star Health and Allied Insurance Co. Ltd. is one of the many reliable insurers available. It has a plenty of options to choose as per the needs of an individual. Apart from individual and family floater plans, the insurer also excels in offering disease-specific plans, such as for diabetes, cancer, heart disease, HIV positive patients. If you, too, are looking for an adequate plan, star health insurance plans are really worth considering.
A medical checkup is required if your age is above 50 years at the time of purchasing the policy. And if you are buying Star senior citizen health insurance policy for your parents between 60 and 69 years, then also a medical screening is essential.
You will be given a Star health card when you buy a star health medical insurance plan. Basically, it is like an identity card. It will entitle you to avail the cashless treatment at any of the star health network hospitals. This card includes the contact numbers of the TPA as well as your contact details. You can call on any of these numbers to seek assistance in case of any query or medical emergency. You just need to display the health card when getting admitted to the hospital.
You can get in touch with the insurer on their helpline number – 1800 425 2255. You can also send them an email regarding your concern at email@example.com immediately.
Star health will send you a renewal reminder and will be informing you about the expiry of your Star health insurance policy. However, the company is not obligatory to do so. Therefore it is your responsibility to renew it on time.
The premium that you pay for Star health insurance policy provides you tax saving benefits u/s 80D of the IT Act. You can avail up to Rs.25, 000 of tax benefits on purchase of a family floater policy.
On purchase of a health insurance policy for your parents who are above 60 years of age, you are eligible for a deduction up to Rs.50,000 as per sec. 80D.
Yes, it is possible to buy an individual star health insurance plan. Your pre-existing diabetic condition will not be covered.
However, you can get a medical cover with a Star Diabetes Safe health insurance plan which is designed to cover problems related to diabetes such as Diabetic Nephropathy, Diabetic Retinopathy, and Diabetic Foot Ulcer. But, it is required to undergo a medical screening before purchasing this policy even if you are below 50 years of age.
You need to consider the below pointers while buying health insurance or diabetes plan from Star Health:
Usually, there is a waiting period clause of 2 to 4 years for pre-existing illnesses like hypertension and diabetes. No claim is permissible for any pre-existing illness during the waiting period. This is the reason why it is suggested that you buy health insurance in an early stage so that there is sufficient time to claim for your pre-existing health ailments.
However, a waiting period is not applicable to Star Diabetes Safe Plan. But there is a waiting period of 15 months for Plan A and Plan B.