HDFC ERGO vs Star Health Insurance

When it comes to choosing a health insurance provider, there are a plethora of options available in the market. Two of the most prominent names are HDFC ERGO and Star Health Insurance. Both companies offer a range of health insurance policies to suit different needs and budgets, but how do they compete against each other?

In this article, we will compare some key features of both companies. We will also compare two of their popular plans for your better understanding.

Firstly, let us compare important key features HDFC ERGO and Star Health Insurance.

Key Important Features

Particulars	HDFC ERGO Health Insurance	Star Health Insurance
Network Hospitals	12000+	14000+
Claim Settlement Ratio	97%	99.06%
Incurred Claim Ratio	62%	63%
Branches	650+	830+
No of Plans	6	11
Employees	10,000 +	14,500+

HDFC ERGO vs Star Health Insurance (Individual Health Plan)

Plan features	HDFC ERGO Optima Restore Plan	Star Comprehensive Insurance Policy
In-patient Care	Covered	Covered
Auto Recharge	100% for any illness	100% for any illness
Cumulative Bonus	50% increase of SI, after every 2 claim free years, up to a maximum 100%.	50% increase of SI up to maximum of 100%.
Pre-Hospitalisation	60 days covered	60 days covered
Post- Hospitalisation	180 days covered	90 days covered
Room Rent	Single room	AC room, single room
Air Ambulance	Covered up to ₹ 5,00,000	Covered up to ₹ 5,00,000
Maternity Coverage	Not available	Available
Co-payment	NA	10% if plan purchased after 61 years of age.
Outpatient Consultation	Covered	NA
Renewability	Lifelong	Lifelong

HDFC ERGO vs Star Health Insurance (Cancer Health Plan)

Plan features	HDFC ERGO iCan Cancer Policy	Star Cancer Care Platinum Policy
In-patient Care	Covered	Covered
Pre-Hospitalisation	30 days covered	30 days covered
Post- hospitalisation	60 days covered	60 days covered
AYUSH	NA	NA
Cumulative Bonus	NA	5% increase of the Sum Insured for each claim-free year subject to a maximum of 50%.
Lumpsum Payout	In-built	Optional
Second Medical Opinion	Covered	Covered

Conclusion

Ultimately, the choice between HDFC ERGO and Star Health Insurance will depend on your individual needs and priorities. It’s important to carefully check the coverage and benefits offered by each company to make an informed decision.

While both the companies offer extensive coverage and benefits, it’s important to evaluate your personal healthcare needs and budget before making a final decision.

Also, before choosing a health insurance provider, it is imperative to know the network hospitals of the insurer around you. It is also important to check the claim settlement and incurred claim ratios, as they are strong indicators of the financial strength and reliability of the insurance company.

Author Bio

This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.