Why Health Insurance Is Important In India

Why health insurance is important in india.

Why health insurance is important in india - It is resulting in a number of health conditions which require a lot of medical attention. By october 13 2019 october 13 2019 0. In order to control the effect of inflation on our finances many a times a person has to do compromise with regular expenses and fulfilling desires.

Why health insurance is important in india. We have control over our family expenses only but not on inflation. Hence having health insurance is very important as it secures you against a range of health problems and also gives you financial stability and peace of mind.

A study jointly conducted by max bupa and nielsen in 2014 15 which covered 1500 consumers revealed that 70 of the respondents felt that health insurance was more important than life insurance. Reasons why health insurance holds a prominent space in a country like india. So the family expenses.

Today we live in a dynamic india where many of us don t even follow a healthy lifestyle. Buying a plan early on in life can ensure better coverage at a lower premium. However the awareness about health insurance is on the rise in urban india.

Health insurance is becoming the much needed insurance for every individual in india and today i am going to talk about what is the importance of health insurance in india and why you must opt for health insurance today itself if you haven t yet. Inflation is increasing day by day in india. Buying a plan at an early age and renewing it on a regular basis also ensures that the waiting periods for various illnesses get completed.

India is a beautiful country but it has many rural and remote areas that you may travel to as you explore. Hence it s important in india that people buy a health insurance plan to secure their medical needs. Health insurance plans are equally important for the younger generation.

1 coverage in remote areas. Why is health insurance important in india. Health insurance in india most people in india depend upon household income or savings to meet their healthcare requirements.

Living in this fast paced world is becoming increasingly stressful and resulting in major health conditions especially among indians. Important coverage to consider while buying a health insurance also when you are buying a health insurance buying critical illness insurance is suggested as well. If you have an accident or get sick in these remote areas you may have to.

How would someone get to you in an emergency. Although health insurance is not cheap it will cost you a lot more to go to the hospital without coverage. 60 of the consumers were aware that health cover provided by the employer.

Importance of health insurance in india. There is nothing more important to care about than your health.