Health Insurance in Lucknow

• 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**

As the healthcare industry advances for the better and treatments get more sophisticated, the cost of healthcare is certainly going to rise. A health insurance policy essentially pays for the treatments that turn out to be expensive at a certain point in time.

Healthcare in Lucknow

Lucknow has many fine healthcare centres. Many public hospitals, private hospitals, clinics, and nursing homes are present. The department of medical, health, and family welfare as well as the Lucknow Municipal Corporation provide healthcare services in the city. The underprivileged can also avail treatments at charitable hospitals in the city that offer services at subsidised prices.

Need for health insurance in Lucknow

A study conducted by the global health services company, Cigna, revealed that 62% of Indians paid for their medical expenses from their savings in the year 2016. It is a well-known fact that insurance has low penetration in India due to lack of awareness. Citizens of major cities such as Lucknow should understand the need for health insurance and get themselves covered so that they don’t have to shell out money from their pockets in the event of an emergency.

Health insurance companies in Lucknow

A number of health insurance companies are available in Lucknow, some of them are:

• Royal Sundaram

Royal Sundaram General Insurance Co. Ltd. is the first private general insurance company to have been licensed by the Insurance Regulatory and Development Authority of India (IRDAI) in the year 2000. The company offers specialised products for retail as well as commercial clients. Under the retail space, the company offers a number of health insurance plans to its customers. Health insurance policyholders can avail cashless treatments in network hospitals of the insurer. Some of the network hospitals in Lucknow are Aman Hospital, Gayatri Hospital, Jwala Hospital, K.K. Hospital, etc.

• ICICI Lombard

ICICI Lombard is a popular general insurance company that offers a range of insurance products such as travel insurance, motor insurance, home insurance, health insurance, etc. Unique insurance plans are offered by the company for individuals as well as families. The company has partnered with over 4,500 hospitals across the country. A few of the partnered hospitals in Lucknow are Abhinav Dhrishti Eye Hospital, Centre for Neuro Sciences and Trauma, Harsh Hospital, Lucknow Cancer Institute, etc.

• Bajaj Allianz

Bajaj Allianz General Insurance Co. Ltd. received the license from the IRDAI in 2001 to carry out its insurance business. The company offers motor insurance, travel insurance, home insurance, cyber safe insurance, and commercial insurance. Under the health insurance section, the insurer offers five different plans with varying features and benefits. The company has tie-ups with certain hospitals to provide cashless facilities. Some of these hospitals in Lucknow are Shanti Clinic and Hospital, Dr. Santosh Sawhney Hospital Pvt. Ltd., Sahar Hospital, Life Hospital, etc.

• Tata AIG

Tata AIG General Insurance Co. Ltd. has been in the insurance industry for more than 17 years. The company offers different insurance products for the consumer line and different products for the commercial line. In the health insurance section, the company offers various plans, each designed for a specific purpose. The insurer also offers plans designed specially for women. The insurer has network hospitals throughout the country where insured individuals can avail cashless services. Some of the network hospitals in Lucknow are Avadh Hospital and Heart Centre, Forrd Hospital, Lucknow Hospital, Sahara Hospital, Shriram Hospital, etc.

• Cigna TTK

Cigna TTK Health Insurance Co. Ltd. received the license from the IRDAI in 2013 to conduct the health insurance business. It is a stand-alone health insurance company that offers unique individual and group health insurance plans that have been designed to suit the customer’s needs. The company has tied-up with certain hospitals to provide the benefit of cashless transactions to its customers. Some of the network hospitals in Lucknow are Divine Heart Hospital and Research Centre, Fehmina Hospital, Kundan Memorial Hospital, Relax Hospital, Sadbhawana Hospital, etc.

A person looking for a health insurance policy should do thorough research and find a plan in an insurance company with a good record and a vast hospital network. Policyholders can avail cashless treatments as well as reimbursement settlement in network hospitals.