The Government of India (GoI) has introduced a number of government health insurance schemes to address various needs and provide access to affordable, high-quality healthcare. Both the Central and State Government initiatives are included in the health insurance programs that the government offers. Both public and private health insurance plans have their own distinct advantages and features. It satisfies a variety of the policyholder’s needs. Let’s examine their differences.
Difference between Regular Health Insurance and Government Health Insurance Schemes-
Here are some key distinctions between Regular Health Insurance and Government Health Insurance Schemes-
| Features | Health Insurance at a Minimum | Public Health Insurance Program |
| Eligibility | accessible to all societal groups | Only accessible to low-income groups |
| Amount Insured | A maximum insurance amount of Rs. 1 crore | A maximum of Rs. 5 lakh is insured. |
| Premium | starting at Rs 200 per month (depending on the plan) | From Rs. 100 per month and up, or completely covered by the government (depending on the plan) |
| Coverage | provides greater coverage | provides limited coverage |
| Room in a private hospital | Available (depending on the plan) | might or might not be obtainable |
| Policy acquisition | Instant policy purchase is possible. | Policy Buying might take some time. |
| Network Clinics | numerous accredited private hospitals | a sizable network of hospitals, both public and private |
| Benefits of Maternity | Available (depending on the plan) | Available (Only for a single child under some cases) |
| Emergency Room Fees | offered in the majority of plans | under a few different plans |
| Hospitalization Coverage at Home | Available (depending on the plan) | not accessible |
| Renewing Online | Online renewal is possible | either be renewed online or not |
| Cumulative Bonus | If no claims were made during the previous policy year, available | not accessible |
| Health Examination | some plans include coverage | not included |
| Premium Installment Facility for Each Month | available with certain plans | not accessible |
| Tax Advantages | Under the Income Tax Act of 1961, available | not accessible |
