The cost of healthcare in our country is increasing day by day. In India, in the past few years, medical inflation has reached up to 15%. If you buy a health insurance plan, you will not have to worry about the medical bills, hospital expenses, etc. in case of any serious illness or accident.
Unfortunately, only 20% of the total population of India purchases health insurance coverage. In addition, only 18% of people in urban areas and 14% of people in rural areas have such insurance coverage. Let's see why it is important to buy a health insurance plan in India:
A health insurance policy takes care of hospital expenses, medication costs, testing costs, ambulance costs, doctor fees, and more. Some insurance plans also cover outpatient department expenses up to a certain limit.
You get the opportunity to receive medical treatment in any network hospital.
Nowadays, amidst the COVID-19 pandemic, the importance of health insurance has increased even more. Buy an insurance plan to cover expenses for PPE kits, masks, ventilators, ICU charges, etc.
People who are about to start a new family should buy health insurance for their future newborns.