In the ever-evolving landscape of health insurance, policyholders often seek additional coverage options to safeguard against high medical expenses. Two popular choices are top-up and super top-up health insurance plans. The insurance benefits offered by Super Top-up health insurance plans are similar to those of Top-up health plans, as both aim to provide higher coverage while maintaining a low total premium. The key difference is that a Super Top-up Plan covers the total hospitalisation expenses exceeding the threshold limit, whereas a Top-up policy only covers a single hospitalisation claim that surpasses the threshold limit (i.e., the deductible amount).
While both options enhance existing coverage, they differ significantly in their structure and benefits. Understanding these differences is crucial for making an informed decision. This article explores top-up vs. super top-up health insurance, their features, benefits, and the key differences between them.
What is top up health insurance?
A top-up health insurance plan is an additional coverage option that comes into play once the deductible limit of your existing policy is exhausted. The deductible is a predetermined amount that should get utilised from your pocket or existing base health insurance policy during a claim. Post that, the top-up plan steps in to address further costs. However, a key point to note is that top-up plans work on a per hospitalisation basis, meaning the deductible applies separately for each hospitalisation.
Types of top-up health insurance plans in India
Top-up health insurance plans in India come in various forms, each designed to provide extended coverage beyond a base policy. Here are some common types:
- Individual top-up plans: Provides additional coverage for a single person.
- Family Floater top-up plans: Extends the top-up benefits to all family members under a single policy.
- Group top-up plans: Offered by employers to provide extra coverage for their employees.
When comparing top-up vs super top-up, it’s important to note that super top-up plans cover multiple hospitalisations exceeding the deductible limit, whereas top-up plans only cover costs from a single hospitalisation event surpassing the threshold.
What is super top up health insurance?
Super top-up health insurance operates in a similar manner to the top-up plan, except it offers broader coverage. Rather than calculating the deductible per hospitalisation, it considers the aggregate total of all claims made during a policy year. Once your expenses cross the deductible limit in a policy year, irrespective of the number of hospitalisations, the super top-up plan starts covering the additional costs.
Read more: Benefits of health insurance
