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Health Insurance Scoring & Ranking

Discover a powerful tool to maximise your understanding of health insurance, explore top-scoring plans, and save out-of-pocket expenses during medical emergencies

Get to know your policy better

Best health insurance plans

What is 1 Finance score?

The 1 Finance Score is a weighted average based on price, product features, and claims experience. Each parameter has sub-parameters with predetermined weights. All parameters are scored from 0 to 100, and plans are graded accordingly. This eliminates bad apples and present viable options, enabling informed decisions and existing policy evaluation.

≥75High
50-74Medium
<50Low

Key factors that contribute to the 1 Finance Score

We consider the value and benefits you can derive from the policy — and how these can align with your requirements. The policy with the most features is scored 100, based on an average of sub-parameters like room rent, no claim bonus, rewards for healthy behaviour, etc.

We take into account your predisposition to be price-sensitive and the need for the policy premium to be affordable and offer value for money. The most expensive product is scored 0 and the lowest priced is scored 100. A relative pricing method is considered.

Here, we take into account how seamless the process of dealing with the insurer is — in case of cashless policies or reimbursement of claims — in terms of helping you save out-of-pocket expenses. To evaluate this parameter, we factor in details like the claim settlement ratio, incurred claim ratio, age analysis of claims, network hospitals in your vicinity, etc.

Frequently Asked Questions

What is the objective of 1 Finance’s health insurance scoring and ranking?
Our health insurance scoring model aims to provide an objective, transparent, and simplified evaluation of health insurance plans. By doing so, we aim to empower individuals with the information they need to make informed decisions and select the health insurance plan that best meets their needs.
How does 1 Finance's health insurance scoring and ranking differ from others?
How can the health insurance scoring and ranking information benefit me?  
How frequently is the health insurance scoring and ranking model reviewed?   
Can I customize the criteria used in the health insurance scoring and ranking model   
How can I use the health insurance scoring and ranking model to make an informed decision about my insurance coverage?   
What if my health insurance policy is not listed in the scoring and ranking? 
Disclaimer

1 Finance Private Limited is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and has no alliance or association with any Insurance companies. The Information contained above in the scoring and ranking model is provided solely for general interest, educational and informational purposes only and may not constitute any kind of advice.

The information for this report was compiled using information from insurance company websites, product brochures, policy wordings, IRDA Annual Reports, and publicly available data. Insurance is the subject matter of solicitation. It’s important to conduct your own research and analysis before making any financial decisions. If you're unclear about what to do, we advise consulting with an impartial advisor.

CIN No: U67100GJ2021PTC126723

Registered Office

Marwadi Financial Plaza, Nana Mava Road, Off. 150 Feet Ring Road, Rajkot-360 001.

Corporate Office

Unit No. 1101 & 1102, 11th Floor, B – Wing, Lotus Corporate Park, Goregaon (E), Mumbai-400 063.
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1 Finance Private Limited - Investment Advisory Unit (Separately Identifiable Unit)
(Separately Identifiable Unit)SEBI RIA Registration No: INA000017523. BASL Registration No: 1936. Type of Registration: Non-Individual. Validity of registration: December 22, 2022-Perpetual.

Address: Unit No. 1101 & 1102, 11th Floor, B – Wing, Lotus Corporate Park, Goregaon (E), Mumbai-400063. Corresponding SEBI local office address: Securities and Exchange Board of India, SEBI Bhavan II, Plot No: C7, “G” Block, Bandra Kurla Complex, Bandra (East), Mumbai-400051.

Principal Officer details: Mr. Akhil Rathi, Email id: po@1finance.co.in,

Compliance Officer: Mr. Ranjeet Rajaram More Contact No. +91 22 69120000.

Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

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