Care Advantage Health Insurance Plan

4.5
Paybima Rating
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The Care Advantage Health plan from Care Health Insurance Company is an apt policy to beat the ever-rising medical inflation and to lower the burden of people from the highly-expensive healthcare treatment.  The policy comes with an extensive coverage of wide-ranging sum insured of up to 6 Crore

Highlights of Care Advantage - Care Health Insurance Company

check-star Claim Settlement Ratio – 100 %
check-star NCB* - 10%, up to 50% of SI*
check-star PED Waiting# - 48 months
check-star Network Hospital – 24800+
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Pros & Cons of Care Advantage (Care Health Insurance Company)

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Care Advantage Plan is available on an individual and family floater basis
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The Plan allows In-Patient Hospitalization and Daycare Treatment up to Sum Insured
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Care Advantage plan also cover Pre and Post Hospitalization of 60 and 180 days respectively
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Ambulance Coverage, Organ Donor Coverage and Ayush Coverage are allowed under the plan among other features up to Sum Insured
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The plan also allows automatic recharge up to Sum Insured once in a policy year
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Care advantage plan do not cover expenses for any treatment that is not specified in the list of non-medical items
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The plan does not allow coverage for treatment of drug abuse and alcoholism or any addiction and their consequences
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Coverage is not allowed under the plan for expenses associated to infertility or sterility
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Coverage for treatment of subnormal intelligence, incomplete development of mind, mental intellectual disability etc. are also not included under the Care Advantage plan
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Care Health
Insurance Company

Care Health Insurance Company (Formerly known as Religare Care Health Insurance Company Limited) is a part of Religare Group established in July 2012. It is a direct subsidiary company of Religare Enterprises Limited. Care Health is a leading player in the health insurance industry of India. It is a specialised health insurance provider offering a suite of insurance solutions in the retail segment. Its plans include International Travel Insurance, Health Insurance, Personal Accident, Critical Illness and Top-up coverage along with Group Health Insurance for Corporates and Companies.

Founded in
2012
Claim Incurred ratio
53.82%
Number of Policies
2,635,587
Turnover (GWP)
Rs 5,141.53 Crore
JV Partners
Religare Enterprises Limited, Union Bank of India, and Corporation Bank.

Claims Experience

Claims Experience Rating 4.7
check-star % of claims settled in less than 30 days
Reflects on the speed of settling valid claims
99.99%
check-star % of Complaints received on overall claims
% customers unhappy with claims experience
0.51%
check-star Claims Incurred Ratio
56.19%
check-star Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?
100%
check-star No. of Cashless Hospitals
24800+

Benefits of Care Advantage (Care Health Insurance Company)

In-patient Hospitalization
ICU Rent Limit
No limit
Room Rent Limit
No limit
Pre & Post Hospitalization
Post-hospitalization expenses are covered
up to the Sum Insured
Post-hospitalization expenses are covered for up to
180 days after the date of discharge
Pre-hospitalization expenses covered
up to the Sum Insured
Pre-hospitalization expenses are covered up to
60 Days before hospitalization
Day Care Treatment
Financial Limit
Up to SI or sum insured
No. of treatments covered
541+ Daycare treatments covered
Top Health Insurance Plans by Care Health Insurance Company

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The minimum and maximum entry age for the Care Advantage plan include 5 years in case of individual plans. family floater plans, it is 18 years for adults and 91 days for kids. However, there is no upper age limit for entering or exiting the plan.

Care Advantage is a comprehensive health insurance policy by Care Health Insurance company. The plan is available with multiple sum-insured including 25L, 50L and 1 Crore. The Care Advantage plan presents several benefits under its coverage against expenses like hospitalization expenses, daycare treatment, pre and post hospitalization medical expenses along with offering tax benefits.

Depending on the conditions and terms of the plan, a person up to the age of 50 years may not go through any pre-policy health check-up if the person doesn’t have any PED or pre-existing health conditions. However, individuals of 51 years and above might have to take up some specific medical tests before availing the policy.

Yes, the plan offers a Sum Insured of INR 25 lakh