ClaimRatioIndiaCalculate

HDFC ERGO Health Insurance vs New India Assurance Company

On CSR alone: HDFC ERGO Health leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
MetricHDFC ERGO HealthNew India Assurance
CSR 2023-24100.00%91.10%
Founded20021919
HQMumbaiMumbai
Typehealthgeneral

HDFC ERGO Health — Strengths

  • +100% claim settlement ratio (2023-24)
  • +Optima Secure plan covers room rent without capping
  • +Zero co-pay for all ages at network hospitals
  • +Bonus of 50% added each claim-free year

New India Assurance — Strengths

  • +Oldest and largest public sector general insurer — government-backed
  • +Mediclaim policy — one of India's most widely held health plans
  • +Accepted at virtually all government and major private hospitals
  • +Lower premiums compared to private sector equivalents
  • +Floater policies available for families at competitive rates
Full HDFC ERGO Health review →Full New India Assurance review →