Health Insurance in Bhopal

• Premiums as low as Rs12/day for coverage of Rs.4 Lakhs*
• 10,000+ hospitals for cashless treatment
• Claim up to Rs. 55,000 deduction under section 80D**

We buy insurance policies for two-wheelers, cars, homes, mobiles, etc., but avoid purchasing a health insurance policy for ourselves. Though it is important to insure the material items that we invested so much money into, it is equally important to insure ourselves. Just as the costs of getting a bike or a car repaired could be high, the cost of getting treated for a chronic medical condition could also turn out to be costly. By purchasing a health insurance policy, we can be prepared for any such emergency.

Healthcare in Bhopal

The state of Madhya Pradesh takes keen interest in improving the quality of healthcare services in the state. Many government and private hospitals have been set up in most of the cities. The hospitals provide optimum services. The state government also implements many schemes in order to provide affordable healthcare services to the citizens. The healthcare infrastructure is managed by the Public Health and Family Welfare Department of Madhya Pradesh.

Need for health insurance in Bhopal

Childhood illnesses, malnutrition, infectious diseases, etc., are prevalent throughout all the cities in Madhya Pradesh including Bhopal. The cost of constant treatments for such diseases could burn a hole in the pocket over time. It is hence best to purchase a health insurance policy to avail coverage for such health issues.

Health insurance companies in Bhopal

Here are a few insurance companies one can consider to buy a health insurance policy from:

• Royal Sundaram

Royal Sundaram General Insurance Co. Ltd. claims to be the first private sector insurance company to have received a license from the IRDAI to provide insurance policies. The company offers a wide range of products across 136 Indian cities. They offer motor insurance, home insurance, personal accident insurance, business insurance, travel insurance, and health insurance. The insurer offers two health insurance plans under the health insurance category – one for individuals and one for families. The company has tie-ups with various hospitals pan India. Some of the hospitals are Akshaya Hospital, Bansal Hospital, Meenakshi Hospital, Pathak Hospital, Suditi Hospital, etc.

• SBI

Since one of the parent companies of SBI General Insurance Co. Ltd. is SBI, the health insurance wing of the company is present in 21,000 branches of the SBI Group. SBI Insurance can be availed in more than 100 cities in India and at more than 350 locations via satellite resources. Among the many general insurance products offered, health insurance is one. Eight health insurance plans are offered by the insurer and each of the plans is specially designed to cater to the needs of the individuals. The network hospital list of the company includes Akshaya Heart Hospital, Citi Hospital, Sankalp Netralaya, Vatsalya Hospital, Parul Hospital, Noble Mutlispeciality Hospital, etc.

• IFFCO Tokio

IFFCO Tokio General Insurance company is a conglomerate of Indian Farmers Fertilizer Co-operative (IFFCO) along with Tokio Marine and Nichido Fire Group, a premier insurance company in Japan. The company started its operation in India in the year 2000. Many different insurance products are offered by the company for the benefit of the common public, farmers, businessman, etc. The health insurance plans of the company include comprehensive plans, personal accident plans, critical illness plans, and so on. The company has partnered with certain hospitals in the country. A few of the partnered hospitals in Bhopal are A.K.Hospital, Charak Hospital, National Hospital, Siddhanta Red Cross Super Speciality Hospital, Suditi Hospital, etc.

• ICICI Lombard

A popular general insurance company in India, ICICI Lombard General Insurance Co. Ltd. has issued over 1.7 crore policies and settled around 21 lakh claims as on March 2017. The company, apart from the regular insurance products such as motor insurance and health insurance, also offers rural insurance, business insurance, and NRI insurance. The company offers three major health insurance policies – Complete Health Insurance policy, Health Booster policy, and a Personal Protect policy. The insurer has a wide network of hospitals in Bhopal which includes that includes Agarwal Hospital, Astha Hospital, Batra Hospital, Citi Hospital, Mayo Hospital, Niramay Hospital, etc.

• Future Generali

Future Generali India Insurance Co. Ltd. was established in the year 2007 and currently has more than 125 branches across the country. The company has over 2,000 corporate clients and has sold more than 82 lakh policies in total in India. The insurer offers 8 different insurance plans, each of which have been designed for a specific purpose such as critical illness, hospital cash, personal accident, etc. The company has network hospitals throughout the country. A few of the network hospitals in Bhopal are R.K.Hospital & Research Centre, Career Institute of Medical Sciences, Anant Shree Hospital, Sujyoti Hospital, Bhopal Care Hospital, etc.

• Cholamandalam MS

Cholamandalam MS General Insurance Co. Ltd. is a partnership of Murugappa Group, a business conglomerate and Mitsui Sumitomo Insurance Company Limited, an insurance company in Japan. The company has 109 branches and offers a variety of insurance products that include specialised insurance products like liability insurance, marine insurance, engineering insurance, etc. Under the health insurance category, the company offers an array of plans that benefit not only individuals but also families, in many ways. The company has partnered with many hospitals and a few of them located in Bhopal are Ajwani Eye Hospital Pvt. Ltd., Career Institute of Medical Sciences, Life Line Hospital, Sankalp Netralaya, etc.

Health insurance companies provide two settlement options to policyholders - cashless facility and reimbursement facility. While the cashless facility can be availed only in network hospitals, the reimbursement facility can be availed in network hospitals as well as non-network hospitals.