Factors Affecting Health Insurance Premium

• Age: Premium increases with age as health risks increase
• Coverage Amount: Higher sum insured leads to higher premium
• City Type: Medical costs vary by city tier (metro most expensive)
• Health Condition: Pre-existing conditions may increase premium
• Family Size: More members = higher premium but discounts may apply
• Add-ons: Additional covers increase premium but provide more protection

Popular Health Insurance Plans in India (2025)

• HDFC Ergo Optima Secure: Comprehensive cover with restoration benefit
• ICICI Lombard Complete Health Insurance: Wide network with no claim bonus
• Star Health Comprehensive: Good for pre-existing conditions
• Care Health Insurance: Affordable plans with cashless treatment
• Niva Bupa (formerly Max Bupa) ReAssure: No room rent limits

Tax Benefits

Health insurance premiums qualify for tax deductions under Section 80D:

• ₹25,000 for self, spouse, and children
• Additional ₹25,000 for parents (₹50,000 if parents are senior citizens)
• Additional ₹5,000 for preventive health check-ups