Which is the best and most affordable health insurance for a 60 year old person?

After doing lots of searching for my own folks who are well above 61 and 65 years with complication of diabetes but no insulin, I found “religare care” good in case of no pre-existing diseases and “religare care freedom” plan with least waiting for period 2 years for existing diseases. The premiums are almost the same compared to other private insurance players as well.

See the screenshot below for the features of those two policies:

So for overall health insurance like covering all complications with some consideration on cost, I would recommend Religare. You will have a health check up for religare care but care freedom does not have any health check up.

So if your doctor says that your 62 year old woman will not have any health upsets (God forbid) in next 2 years go for religare care.

But if you feel its risky, go for care freedom, because at this age apart from immunity you have to consider weather, pollution, home atmosphere, mental pressure, etc. and also at this age it is easy to fall sick if there is any outbreak of disease.

My suggestion if 100% you are sure no health complications will arise, go for religare care or any other ordinary insurance plan. Else don’t risk go for religare care freedom or star red carpet (but high co-pay), Oriental Insurance Senior Citizen HOPE Health Insurance Policy (lowest premium but high co pay and sub-limits are there for various diseases, eg: kidney problems - only 50% they will pay, eye - only 15 percent they will cover).

Other option for overall health insurance for senior citizen i would suggest is star red carpet plan but for whatever treatment you have to pay 50 percent of the amount. Good thing is pre-existing is covered after just 1 year and no medical check up.

I also checked some government insurance players, they are quiet cheap but lots of conditions and the claim process is too slow in some cases. You can check oriental insurance and national health insurance, I found these two okay, but as i said there a lots of conditions.

Star diabetes and star cardiac is also good if the insured person is more likely to get hospitalized because of sugar and cardiac.

Offcourse, i suggest you compare online for now and check again to see if any new insurance with better features have come online.