Importance Of Health Insurance In Covid 19

It is predicted that the majority of individuals will be inclined to get a risk cover. Health insurance purchases doubled between march and may this year compared to the same period in 2019. Congress took an important step earlier this week to address the fact that 27 5 million americans are without.

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Covid 19 creates a perfect storm for america s 27 5 million uninsured.

Importance of health insurance in covid 19 - This rising awareness about health protection among millennials is a rare positive outcome of covid that has been captured by the max bupa health insurance survey. Health and life insurance is not just a matter of benefit but a necessity in these times of emergency. Most of the health insurance plans cover covid 19 treatment just like other ailments.

Important role medical insurance can play during covid treatment. Over half of the visitors of the insurance portal s website and app considered having insurance as very important and only 11 per cent did not consider it important even in the wake of covid 19. While only 10 per cent of people were interested in buying health insurance to cover new age.

The survey highlights that coronavirus has led to an increased awareness amongst people about the importance and benefits of health insurance during a pandemic situation like covid 19. The outbreak of the novel coronavirus covid 19 has been in the news for months now. It is predicted that the majority of individuals will be inclined to get a risk cover.

The covid 19 outbreak discovered in wuhan china in december 2019 and declared as a global pandemic in less than 3 months on march 11 2020 has killed more than 550 000 people worldwide. Before the spread of covid only 37 millennials were particular about having a health plan that covered diseases like coronavirus now 60 want such a comprehensive cover. Health and life insurance is not just a matter of benefit but a necessity in these times of emergency.

With the latest figures shared by the world health organisation who currently the confirmed cases across the globe are 20 405 695 and have taken away the 743 487 lives so far as on 13 august 2020. Coronavirus has led to increased awareness about the importance of health insurance among indians. Uninsured people are facing the worst hit during this time of the pandemic as the treatment involves a considerable amount of money.