With rising medical costs and unpredictable health challenges, having a reliable health insurance policy has become essential. Choosing the right insurer is just as crucial as picking the right plan. To help you navigate the vast landscape of health insurance in India, here’s a list of the top 10 health insurance companies in 2025, evaluated based on claim settlement ratio, network hospitals, solvency ratio, customer service, and coverage options.
1. Star Health and Allied Insurance
- Claim Settlement Ratio: 99.21%
- Network Hospitals: 14,000+
- Highlights: India’s first standalone health insurer, known for its hassle-free claim process and extensive range of health plans including individual, family floater, and senior citizen plans.
2. Care Health Insurance
- Claim Settlement Ratio: 100%
- Network Hospitals: 11,000+
- Highlights: Popular for its comprehensive plans and wellness benefits. The company also offers quick online claim processing and cashless hospitalization.
3. Niva Bupa Health Insurance (formerly Max Bupa)
- Claim Settlement Ratio: 99.99%
- Network Hospitals: 10,000+
- Highlights: Offers customizable plans with top-up options and features like no-claim bonuses, health check-ups, and direct claim settlement.
4. HDFC ERGO Health Insurance
- Claim Settlement Ratio: 100%
- Network Hospitals: 13,000+
- Highlights: Offers a wide variety of plans including disease-specific coverage and family plans. Known for efficient digital services and customer care.
5. ICICI Lombard General Insurance
- Claim Settlement Ratio: 99.71%
- Network Hospitals: 12,000+
- Highlights: Strong brand presence and robust claim process. Offers both basic and comprehensive plans tailored to urban and rural needs.
6. Tata AIG General Insurance
- Claim Settlement Ratio: 96.43%
- Network Hospitals: 7,200+
- Highlights: Offers critical illness coverage and overseas medical insurance. Preferred for its transparent claim process and responsive support.
7. New India Assurance Company
- Claim Settlement Ratio: 97.50%
- Network Hospitals: 5,500+
- Highlights: A government-owned company offering a wide range of affordable and reliable plans for individuals and families.
8. ManipalCigna Health Insurance
- Claim Settlement Ratio: 99.90%
- Network Hospitals: 9,000+
- Highlights: Known for global coverage, wellness programs, and disease-specific plans like diabetes and heart care.
9. Reliance General Insurance
- Claim Settlement Ratio: 98.65%
- Network Hospitals: 8,600+
- Highlights: Offers flexible premiums and additional riders. Its digital-first approach is popular with tech-savvy consumers.
10. SBI General Insurance
- Claim Settlement Ratio: 97.05%
- Network Hospitals: 6,000+
- Highlights: Backed by the State Bank of India, this insurer offers robust coverage options and strong rural outreach.
While all of the above insurers offer solid health plans, the best health insurance for you depends on your specific needs—like pre-existing conditions, family size, or international travel. Always compare benefits, read policy documents carefully, and opt for a plan that provides a good balance between premium and coverage.
If you’re planning to buy health insurance in 2025, consider getting quotes from at least three of these companies and make an informed decision for your peace of mind and financial safety
