Health Insurance Calculator Premium & Coverage India 2025

Calculate health insurance premium and coverage needs based on your age, family size, city, and health conditions. Compare family floater vs individual plans for optimal protection.

₹3L₹5.00 L₹50L

Recommended Coverage

₹18.00 L

Premium Comparison

Family Floater Plan
₹13.00 K
Individual Plan
₹19.50 K

Estimated Annual Premium

₹13.00 K

For ₹5.00 L coverage (family-floater)

Coverage Benefits

Hospitalization expenses covered
Pre & post hospitalization
Day care procedures
Ambulance charges
City-based Advice

Metro cities have higher medical costs. Consider 50% higher coverage than tier-2 cities.

Age-based Advice

Start early for lower premiums and no waiting periods for pre-existing conditions.

Types of Health Insurance Plans

Choose the right health insurance plan for your family's needs

Individual Plans

Separate coverage

  • • Dedicated sum insured per person
  • • Higher premium but guaranteed coverage
  • • No sharing of sum insured
  • • Best for senior citizens

Family Floater

Shared coverage

  • • Shared sum insured among family
  • • Cost-effective for families
  • • One premium for entire family
  • • Suitable for young families

Critical Illness

Specific diseases

  • • Covers specific critical illnesses
  • • Lump sum payout on diagnosis
  • • Covers cancer, heart attack, stroke
  • • Additional to regular health plan

What's Covered vs What's Not

Understanding your health insurance coverage and exclusions

What's Typically Covered

Hospitalization Expenses

Room rent, doctor fees, medicines

Day Care Procedures

Surgeries not requiring 24-hour stay

Pre & Post Hospitalization

30-60 days before and after

Ambulance Charges

Emergency transportation costs

What's Usually Excluded

Pre-existing Diseases

2-4 year waiting period applies

Cosmetic Treatments

Plastic surgery, dental cosmetics

Alternative Treatments

Ayurveda, homeopathy (unless covered)

Self-Inflicted Injuries

Substance abuse, suicide attempts

Hidden Charges to Watch Out For

Be aware of these additional costs beyond your premium

Co-payment Clause

You pay 10-20% of claim amount
Common for senior citizens
Reduces premium but increases out-of-pocket

Room Rent Limits

1-2% of sum insured per day
Impacts other expenses proportionally
Choose higher limits or unlimited

Waiting Periods

30 days initial waiting period
2-4 years for pre-existing diseases
9 months for maternity benefits

⚠️ Important Note

Always read the policy document carefully. Look for sub-limits, waiting periods, and exclusions. Choose a policy with minimal restrictions and maximum coverage for your needs.

Health Insurance FAQs

Everything you need to know about health insurance and premium calculation

Health insurance protects you from high medical costs and ensures quality healthcare access. Medical expenses have inflated dramatically, making insurance essential for financial security.

Reality Check: A single hospitalization can cost ₹2-5 lakhs, and critical illness treatments can exceed ₹15-20 lakhs. Health insurance prevents these costs from destroying your savings.

Need More Help?

Financial planning requires careful consideration of various factors. Consider consulting with a financial advisor for personalized advice based on your specific situation.

Always read terms and conditions carefully
Compare offers from multiple providers
Ensure calculations fit your financial goals