Health Insurance Plans & Save taxes upto ₹75,000

Health insurance, also known as Medical insurance Plans/Policy, is an essential financial tool that covers the cost of medical treatment for injuries, illnesses & more, from basic hospitalisation coverage to comprehensive policies with extra benefits like preventive medical health care & death benefits, there's a variety of health insurance policy available. Read more about What is health insurance?

Finding the right health plan ensures you & your family stay financially protected when unexpected illness or injury strikes. But why stop there? ACKO Platinum Health Insurance Plans take it up a notch! With zero deductions on claims, and fantastic built-in add-ons, we provide an extra cushion during medical emergencies.

Click here to find the right health plan.

When it comes to health insurance plans, there is no universal policy that fits everyone. It's similar to shopping for clothes, where different plans offer varying coverage, benefits, and premiums.

Therefore, it's essential to do some comparison to find the one that suits your needs. We have provided a quick overview of how our health insurance plans measure up against others.

ACKO Health Insurance provides cost-effective health insurance policies through its online distribution model. Traditional health plans in India are usually sold through agents and brokers who earn a commission from the insurance company.

These costs are passed on to policyholders as distribution costs, leading to higher premiums. However, ACKO's online platform eliminates the need for intermediaries and allows customers to directly purchase.

Choose ACKO for hassle-free, comprehensive insurance that truly cares about your well-being. Buy health insurance policy today & experience the peace of mind you deserve. 

Choose ACKO Standard Health Plans for hassle-free, comprehensive insurance that truly cares about your well-being. Buy health Insurance plans today & experience the peace of mind you actually deserve. 

India's medical inflation has been on the rise. According to the Ministry of Statistics and Programme Implementation (MOSPI) report, medical inflation in 2021 was at 14%, and PwC's Health Research Institute (HRI) report predicts a 6.5% increase in medical costs in 2022.

Mediclaim policy in India can help reduce the impact of medical inflation on your finances and out-of-pocket expenses, especially with features like Inflation Protect and Zero Deductions at Claim.

It's super important to compare health insurance plans online before you make a decision. Why? Well, you want to make sure you get a plan that ticks all the boxes for your specific needs. By comparing plans, you can find the one that gives you the best health insurance quotes without sacrificing any important features, benefits, or services. It's all about making sure you get the most bang for your buck and find the perfect fit for you. So, dive into the world of plan comparisons and find free medical insurance quotes that's tailor-made just for you!

Let's make sure you're covered and worry-free! These are our basic eligibility criteria.

Note: It is mandatory for members over 18 years to undergo medical screenings when they buy health insurance. We call these tests Per-Policy Medical Checkup (PPMC). They are completely free.

You can use a health insurance premium calculator to know the approximate cost of the policy. It is a free-to-use digital tool available on a health insurer's website. It uses factors like the type of plan, add-on covers, health conditions, age, etc., to determine your payable medical insurance premium. Here are the steps to calculate health insurance rates using a calculator.

Here are the factors that influence health insurance premium calculation.

You can add up to ten members to your ACKO Platinum Health Insurance Policy, including two adults, two parents, two parents-in-law, and up to four children when you buy health insurance in India. The policy is available to individuals above 18 years of age, with dependent children aged between three months to 25 years being eligible.

Remember, the higher the number of members insured under the plan, higher will be your health insurance quote.

You get several advantages when you buy health insurance policy in India at an early age. Here are a few.

Lower Premiums: Hey, here's a cool perk! When you buy health policy early, you're likely to snag lower premiums. Insurance companies take age into account when customising health insurance quotes. So, since you're starting at a lower risk profile, they'll offer you sweet deals compared to those who wait until later in life.

Fewer Health Issues: You know what's awesome about being in your 20s? Generally, you tend to have fewer health issues compared to thirty-somethings. That means your chances of getting comprehensive coverage are higher, with little or no pre-existing conditions to worry about when you buy medical policy. It's like a head start on securing a solid insurance plan.

Easy Completion of Waiting Period: Let's talk about waiting periods. Mediclaim policy in India often has them, and you can't make claims during that time. But guess what? Buying insurance early means you're less likely to raise a claim compared to someone who buys it later in life. That makes it easier to breeze through the waiting period and enjoy the full benefits of your coverage.

Lower Chances of Policy Rejection: Nobody wants their health insurance application rejected, right? Well, good news! The chances of that happening are lower when you're younger. Insurers might be more hesitant if you have significant pre-existing conditions, but when you're in your younger years, you're generally at a lower risk. So, your chances of getting that coverage you need are pretty good!

Better Coverage: Picture this: you buy health insurance early, and your insurer rewards you with awesome coverage options. Sounds cool, right? Well, it's true! Insurance companies may offer more comprehensive coverage when you start at a younger age. Think about common health issues like diabetes, high blood pressure, or cataracts. They're more likely to be included because you're seen as less risky to insure. It's like getting extra perks just for being proactive about your health!

Also read: Top health insurance companies in india

Let’s do a good vibe check by deep diving into our Health Insurance Plans and what you will get when buying our plan.

We're really excited that you're interested in purchasing our health care insurance policy! It's an important step towards protecting yourself and your family. We want to express our gratitude for considering us as your trusted insurance provider. 

Buying our mediclaim policy online is simple and convenient. Just follow the steps below, and we'll ensure you get the best health insurance coverage in India. Let's embark on this journey together and secure a healthier future for you and your loved ones!

To get an insurance policy, below is the list of documents required.

Note: The exact set of documents may vary depending upon the nature of claim.

Now let’s discuss claims, which is the whole point of buying health insurance. We will try to keep it simple.

What are health insurance claims?

Health insurance claims are requests you make to your insurance company to cover the costs of medical treatments. Remember that you can only claim against things that are covered in your insurance plan. So it's very important that you know what is covered and what is not.

Types of claims

Usually there are two ways in which you can claim.

In a cashless claim, the insurer will pay the hospital bill. In a reimbursement claim you first pay the bill, and then raise a claim to get back the money you paid.

Network hospitals

These are hospitals where raising a cashless claim is possible. In a non-network hospital, you must pay the bill and get a reimbursement from us. So, when you buy health insurance, it becomes necessary that you are aware of the list of network hospitals to avail a cashless claim. See the full network hospital list →

How to raise a claim against your ACKO Platinum Health Insurance Policy?

Raising a claim against your ACKO policy is very easy. You can do it by logging into your ACKO account through the website or ACKO app.  Now open the active policy and click on “Get cashless treatment” or “Get a reimbursement”. Follow the instructions and done! Claim raised.

Documents required while registering a claim

Below is the list of documents required while raising a claim with your medical insurance provider.

Here are the steps to follow if you wish to download the physical copy of your medical care insurance policy in India.

You can print multiple copies of your health policy if required.

Gone are the days when you had to keep the hard copy of your health insurance policy handy. Now, you can access it anytime by simply downloading it from your ACKO account. Here is how.

Steps to download your ACKO Health Insurance Policy.

Alternatively, check the inbox of your registered email address for the policy and download the attachment.

You must renew your health insurance policy if you want uninterrupted medical coverage. The renewal process offers you a chance to assess the existing coverage and update the policy as well. 

The contactless online method appears to be the ideal choice for renewing health insurance coverage in light of the recent pandemic. Here are steps to renew a medical plan online.

Yes, most health policies cover coronavirus treatment; however, please check the applicable policy wordings to confirm the same. IRDAI has directed all general insurers to offer coverage for coronavirus treatment through health plans.

Here is a list of the three most popular medical insurance myths that some people believe are true. But in reality, they are just myths and should not be considered to be true.

Myth 1: Online mediclaim policy in India is a scam - Some people prefer buying medical insurance schemes using the traditional method—through intermediaries or by visiting an insurance company, as they might distrust online insurers. However, each insurance company (whether online or offline) must be registered with the Insurance Regulatory and Development Authority of India (IRDAI). You must cross check their registration number on the IRDAI website before purchasing insurance. By the way, ACKO’s IRDAI registration number is 157!

Myth 2: I need to pay the hospital bill for treating a pre-existing disease - Usually, health insurance products cover pre-existing diseases after a certain waiting period. However, under ACKO Health Insurance Policy, we cover pre-existing conditions from day 01. We bear the treatment costs with zero deductions on an approved claim. All you have to do is tell us about your medical history and disclose any pre-existing disease (if applicable) while buying the plan.

Myth 3: I can only claim if I was hospitalised - Under ACKO Health Insurance Policy, you get coverage for daycare procedures, emergency transport, and also pre and post-hospitalisation. These coverages are not limited to hospitalisation and extend to other medical treatments as well. So under our health insurance scheme, you can make a claim against an inclusion even if it is not related to hospitalisation.

Date: 24th April 2025

The Insurance Regulatory and Development Authority of India (IRDAI), has made cashless claims easier for policyholders by introducing a shared network of hospitals. This will ensure less claim processing time. Usually, each insurance company has its network of hospitals where the policyholder can get cashless treatment. These networks can have a limited number of hospitals thus limited options to get cashless treatment. However, IRDAI has changed this, and now policyholders can get cashless treatment from more hospitals even if they are not in their insurer's network.

This unified network has around 150 general hospitals and 600 eye hospitals so far. This number is expected to increase to 5000 in the coming months. One of the biggest changes is how treatment costs will be managed. The hospitals in this shared network will follow fixed pricing based on government schemes like Ayushman Bharat (PMJAY). It will ensure that policyholders get healthcare at a standard rate.

Along with a unified network, this policy would also help reduce the claim processing time. Insurance companies will be expected to approve cashless claims within one hour and settle claims within three hours of treatment. To support this fast-tracked system, claim forms will also be simplified and standardised with help from a professional agency, making the entire process easier for policyholders.

Overall, these changes are designed to benefit policyholders in several ways. They will get wider access to cashless treatment, transparent pricing, quicker claims processing, and better service from insurers and hospitals. IRDAI’s long-term vision is to ensure that by 2047, every citizen in India has access to affordable health insurance.

Date: 5th Feb, 2025

In a recent move, the Insurance Regulatory and Development Authority of India (IRDAI) restricted all general and health insurance companies from increasing the premium of Senior Citizen Health Insurance Plans beyond 10% in a year. According to the new regulation, the IRDAI has also instructed that if any insurer increases the premium beyond 10%, they must inform the IRDAI. This regulation is a relief for senior citizens who have been struggling to get adequate health insurance coverage due to the high increase in premium amount.

Most senior citizens above the age of 70 are denied health insurance as they fall under a higher risk profile. Even government schemes like ABPM-JAY did not offer health insurance coverage beyond a certain age group. Now through a historic move by the cabinet ministers, this will change.

The Indian government’s flagship public health insurance scheme - Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) will now provide health insurance coverage to people above the age of 70 years. It is noteworthy that this age group can sign-up for the scheme irrespective of their income level.

This commendable decision will provide financial relief to more than six crore senior citizens across the country. They can avail a family cover with a sum insured of Rs. 5 lakh. For seniors that are already enrolled under other government schemes can choose to close their existing plan and register for ABPM-JAY.

Date: 28th June, 2024

The President of India, Droupadi Murmu, declared that the Ayushman Bharat health insurance scheme will now cover citizens above 70 years of age for free treatment. This announcement was made when she was presenting her speech to the Parliament.

The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) already has 55 crore beneficiaries. With this new initiative, seniors will also be eligible for free health care services.

President Murmu also highlighted the speedy implementation of the scheme to establish 25,000 Jan Aushadhi Kendras for affordable medicines. She appreciated India’s global contribution in the field of Ayurveda and Yoga.

In a landmark decision to ensure that everyone in the country has access to medical insurance, the IRDAI has instructed insurers to develop tailored health insurance products for seniors above 65 years of age. 

This demographic is usually the most neglected in the health insurance space, as seniors above 65 didn’t have an option to purchase a policy, thereby leaving them vulnerable. 

This decision is an important step in extending healthcare benefits to the elderly. However, note that the policy premiums for seniors will still be higher. 

Date: 21st September, 2023

The insurance regulator IRDAI is working on making medical insurance settlements cashless nationwide. Currently, this is available in 49% of hospitals, about 25,000 in number. They've asked a committee to make a plan for implementing full cashless settlements in hospitals across India. 

About 400 million people with medical insurance policies could benefit from this change once it's in place. The goal is to achieve nationwide cashless settlements by the end of October. The committee is led by S Prakash, a former executive from Star Health and Allied Insurance Company. 

Exciting News: Universal Health Insurance in THIS State Offers Rs 5 Lakh Coverage to 12.5 Crore Citizens - June 29th 2023

Maharashtra's Chief Minister, Eknath Shinde, announced free health insurance for all, providing a comprehensive cover of Rs 5 lakh to 12.5 crore people across the state. The "aapla davakhana" scheme, aimed at extending health services to the common people, will be expanded, starting with Mumbai. This decision underscores the government's commitment to prioritize citizens' well-being, ensuring accessible and quality healthcare for everyone. Maharashtra's initiative sets an inspiring example for the nation, fostering a healthier and more secure future for all.

Rajasthan Right to Health Bill 2022: Citizens get access to free emergency treatment

Date: 23rd March 2023

Rajasthan has become the first state in India to recognize healthcare as a fundamental right for its citizens. On Tuesday, the Assembly passed the Rajasthan Right to Health Bill 2022, granting every resident the right to receive free medical at government or appointed private hospitals in case of an emergency.

The bill ensures that every resident can get treatment without prepayment at any "public health institution, health care establishment, and designated health care centres." The government will reimburse the healthcare provider if a patient cannot pay the charges after receiving emergency care, stabilisation, and referral.

Under the bill's provisions, no healthcare provider can deny or delay treatment based on pending police clearance. Additionally, fines of up to Rs 10,000 for first-time offenders and up to Rs 25,000 for subsequent violation of any rule, will be imposed. Ref URL: From IndiaTimes

-March 16, 2023

Hospitalization is not necessary for medical insurance payout, according to the Vadodara Consumer Disputes Redressal Commission. According to the consumer court, modern technologies enable speedy, effective treatment for patients—and without the need for hospitalisation.

Several health insurance companies have likely increased their premium

-March 06, 2023

As per a leading news agency’s sources, various general insurance companies have likely increased their health insurance premium by at least 15 to 18%. There could be several reasons that influenced this hike in premium, including the COVID-19 pandemic, inflation, claim frequency rate, etc. The health insurance sector is instrumental in accounting for thirty-five per cent of the premium associated with the general insurance industry, and this increase can have a direct impact on the said percentage.

The General Insurance Council (GIC) has introduced the 'Cashless Everywhere' initiative, which changes how health insurance works in India. This initiative breaks away from the traditional methods of health insurance claims, bringing more flexibility and ease for policyholders.

Before this change, using health insurance meant getting treatment from empanelled hospitals only if you wished to get cashless treatment. If you went to a non-network hospital, you had to pay the bill upfront and then go through the hassle of reimbursing the money. But with 'Cashless Everywhere,' you can now use your insurance at any hospital you prefer, whether on their network or not.

Here is how it works:

This 'Cashless Everywhere' initiative is like a breath of fresh air for health insurance, making things more flexible and user-friendly.

Health insurance protects you against medical costs, but when combined with a 1 crore term life insurance coverage, your loved ones are fully protected financially. In the event of unforeseen circumstances, a term policy gives your beneficiaries a sizable payout, enabling them to preserve their financial stability. 

By securing both health and life insurance that suit your needs, you create a comprehensive strategy to safeguard your family’s health and financial future. Remember that selecting a good life coverage policy depends on what you need, your age, income, future goals and more. Using an online term life insurance calculator can make this process easier and help you make informed decisions.

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Also read: ABHA Card

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