Dailymirror.news,Hyderabad, May 21, 2026: Star Health and Allied Insurance Company Limited (NSE: STARHEALTH; BSE: 543412), India’s leading standalone health insurer, today announced the launch of an affordable offering, designed to bring increased health protection to young Indians in Tier 2-3-4 cities. Titled, ‘Value Plus’, it offers high sum-insured covers from ₹7.5 lakhs to ₹25 lakhs at nearly 20% lower premiums, through a curated hospital network.

In a market where rising healthcare costs outpace coverage for millions in smaller cities, Star Health is bringing affordability through Value Plus. The company aims to serve
individuals and families by offering cover for adults aged 18 years and above, and dependent children from 91 days to 25 years with a balance of higher protection and premium efficiency.

The product is designed to provide access through a curated network of quality hospitals across several non-metro cities, for planned and emergency care. This will be supported by a defined room rent framework aligned to hospitalisation needs.

ఇదీ చదవండి :భారతదేశసార్వభౌమడిజిటల్వ్యవస్థనుబలోపేతంచేసేందుకు’లార్సెన్ & టూబ్రోవ్యోమ’, ‘ఓపెన్ధీ’ (Open Dhi) భాగస్వామ్యం..

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This structure delivers premium efficiency without compromising on essential health protection, helping reduce premium by nearly 20% while continuing to offer key benefits across hospitalisation, recovery, claim-free continuity and wellness support.

In AP & Telangana, Star Health has a strong distribution network of around 78 branches with over 90,000 agents and 1933 network hospitals. Additionally, the company has covered 27.37 lakh lives in the state and settled 1,79,478 claims worth ₹1245 crore in FY26.

Commenting on the launch, Anand Roy, MD & CEO, Star Health Insurance, said:“Over the last 20 years, Star Health Insurance has worked to make health insurance more trusted, accessible and affordable for millions of Indians. With Value Plus, we are building on that legacy by bringing quality health insurance within reach of more individuals and families across Tier 2, 3 and 4 India.

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ఇదీ చదవండి :ఫెలోషిప్ ,ట్రాన్స్‌లేషనల్ పరిశోధనలకు మద్దతుతో గీతమ్ (GITAM)పీహెచ్‌డీ అడ్మిషన్ల నోటిఫికేషన్2026 విడుదల

By combining higher sum insured options, curated hospital access and wellness-led benefits at nearly 20% lower premiums, Value Plus brings affordability-by-design to a wider set of customers. This launch is a continuation of our mission to democratise health protection and a practical step towards advancing the national vision of Insurance for All.”

Adding further, K.B.B Srinivas, Business Head – Telangana, Star Health Insurance, said: “Value Plus reflects our focus on making health insurance more relevant, affordable and accessible for today’s customers.

By bringing together higher sum insured options, essential healthcare benefits, wellness support and premium efficiency, the product is designed to help families plan better for rising medical needs. With our extensive distribution network and curated hospital access within the state, we aim to enable more households to choose meaningful health protection with greater confidence.”

Available in 1, 2, and 3-year terms, its key features include:

  • Sum insured options: Customers can choose cover from ₹7.5 lakh to ₹25 lakh
  • Premium Return: Full first-year base premium refunded after 5 consecutive claim-free years
  • Cumulative Bonus: 50% sum insured addition per claim-free year with maximum accumulation up to 100%
  • Long-term policy benefit
    • Customers choosing long-term policies can use the Sum Insured Multiplier to combine and use the annual Sum Insured across the policy term
    • Avail long-term discounts of 10% on the second-year premium and 12.3% on the third-year premium
  • Health Booster: 100% base sum insured added every block of 7 claim-free years
  • Hospitalisation and recovery support: In-patient hospitalization, day care, AYUSH, home care, organ donor, pre/post-hospitalization, ambulance, nursing, and durable equipment.
  • Wellness-led benefits: Unlimited tele-consultations, up to 20% renewal discounts, dental check-ups, second opinions, and digital value-adds.
  • Customisation options: Deductibles, Co-pays, In-clinic consults, Stay Fit (Gym access), Mamta (Women’s wellness), and Param Seva (Senior citizen wellness).

With Value Plus, Star Health is strengthening its proposition of offering health insurance that balances higher protection with affordability. By combining higher cover, claim-free value benefits, wellness support and a curated Value Network, the option is designed to help families access meaningful health protection in a more premium-efficient way.