Having a health insurance plan is very important to balance the financial aspects of your medical treatments and service cost. Considering the dynamics of the pharma industry and hospitals, treatment expenditure is increasing every day. Opting for the best health insurance plan is an easy alternative to avoid the hassles and money crunch. There are multiple policy models available in the market. After adequate analysis, you can pick out the best family health insurance policy.
While trying to get the best family health insurance plan, you need to know this benefit to get the most out of it. The amount you pay as your premiums for the health insurance can be applied for the tax exemption when you file your income tax return during the end of the financial year. You can make your claims and get them deducted from your tax percentage. It is covered under section 80D of the Income-tax Act of the Government of India, 1961. Although, the size of your family significantly plays an important role in the percentage of the tax deduction amount.
The more family members you include in the health insurance policy, the higher your premium to cover the medical care, which increases the cost. You can get it annulled after paying a certain amount while filing for the tax returns. The higher the amount, the higher your tax benefits while filing for your ITR. Therefore, getting the best health insurance plan for you and your family is very important and will aid you in many ways.
Some of the best family health insurance in India
While numerous options are available in the market, you should research and analyse before picking the best family health insurance plan. Some of them are mentioned below.
Bajaj Allianz Family floater health guard
This health insurance plan is one of the best you can get for your family. The sum insured ranges from Rs. 1.5 lakh to Rs. 50 lakh, and can choose their preferred amount according to the member and requirements of the family. You can get cashless benefits from the extensive network of hospitals.
Aditya Birla Group Active Health Plan
It is one of the best health insurance plan you can find in the market. It offers exclusive cover like in-patient hospital expenses, OPD cover, daycare expenses, home treatment features, obesity treatment costs, and many more. The sum assured can vary from Rs. 2 lakhs to Rs. 10 lakh. By opting for this premium cover, you can gain additional financial security and worry-free.
Head to the Bajaj Finserv website to know about the lucrative offers and additional covers. You can easily get the best family health insurance policy for you and your family.