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Handling medical expenses can be financially strenuous with the rising prices of treatment and hospitalisation. This is why getting a health insurance policy has become essential for easy access to good medical facilities at times of difficulty.
A health insurance policy ensures that all your medical expenses are taken care of, and you simply have to pay the cost of the premium according to your health plan. The premium for this insurance is the amount of money you must pay the insurance company to ensure continued medical coverage for you and your family. Regularly paying the premium amount ensures that your health insurance policy remains active and you don’t face any issues during claims.
Now, if you’re looking out for a health insurance policy and unsure of the premium amount, you can easily calculate the same online. You don’t have to meet an insurer personally to understand your premium plan. Rather, almost every insurance site has a premium calculator for you to make an informed decision.
Star Health insurance has won many awards, including the WHO Award of Excellence (2017) and Best Insurance Provider (Money Today Financial Awards 2018-19). They have a wide network of more than three hundred branches in India. When it comes to health insurance plans, they have a great variety to offer, considering the need of both an individual and a family. Following are some of the key benefits of Star Health insurance:
Getting a health insurance policy has become extremely important considering the inflation in the medical industry. There are several health insurance policies to choose from. But getting the right estimate of the premium cost may seem a bit tricky. The insurance premium calculators available online have made it easy to evaluate and compare the premium costs of different policies. Star Health insurance calculator is one such tool that gives you an accurate premium estimate in just a few seconds.
Get in touch with our HexaHealth experts to know more about Star Health insurance policies and how they may benefit you and your family. We can help you find the best insurance plan for your medical needs and budget. So, call a HexaHealth expert today!
Health insurance premiums increase yearly due to unavoidable factors, such as age and health of the insured, inflation in the medical industry, and the insured’s claim history.
You can check your Star Health premium by visiting the official website of Star Health and Allied Insurance Company. Once you enter basic details, such as your full name, mobile number, email id, and for whom you want the plan, you will get a quote for the premium cost.
Health insurance companies calculate your premium based on several factors, such as your lifestyle, medical history, and previous illnesses. Based on such factors, the companies fix their quotation price.
The premium cost depends on several factors, such as for whom you want the policy (individual, parents, or the whole family). It also depends on the policy period and insurance cover you have chosen.
Star Health insurance calculator is available online, and anyone can access it without paying any fee. You just have to fill in some basic details in the online form to get a quote.
Follow the steps given below to use the Star Health insurance premium calculator:
The steps to check the status of your Star Health insurance policy are given below:-
(Your Star Health intimation number can be your mobile number, health ID card, or your policy number)
You can easily pay your monthly instalments for Star Health insurance online using the following steps:
The base premium is determined by multiplying the standard premium by the basic premium factor.
Monthly insurance can be calculated by dividing the annual premium cost by 12. For example, for the annual premium cost of one lakh, the monthly payment cost would be 8333.
The following ways can help you reduce your health insurance premiums:-
Amount paid monthly for your health insurance is called a monthly premium. Several additional costs, such as a deductible, copayments, and coinsurance, are also required to be paid for healthcare.
Yes, as per the insurance regulators (IRDAI), insurance can be paid monthly, quarterly, half-yearly, as well as annually.
Star Health and Allied insurance company have received many awards proving themselves to be one of the best insurance companies in India.
The average health insurance cost in India is Rs 500-800 monthly. However, the average cost also depends on your chosen policy type.
Star Health insurance has an excellent claim settlement ratio of 90 per cent within two months. They offer a wide variety of insurance plans to cover the needs of both the family and the individual.
Last Updated on: 12 December 2023
MBBS, DNB General Surgery, Fellowship in Minimal Access Surgery, FIAGES
12 Years Experience
Dr Aman Priya Khanna is a well-known General Surgeon, Proctologist and Bariatric Surgeon currently associated with HealthFort Clinic, Health First Multispecialty Clinic in Delhi. He has 12 years of experience in General Surgery and worke...View More
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