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Benefits of Health Insurance Policy in India

Why do we Need Health Insurance Policies?

The cost borne in India through universal healthcare is around Rs. 1,713 per person per annum. Given that India has a population of above 130 billion, this is quite a sizeable expenditure. (2)
About 65.06% of Indians spend total health care expenditure out of their pockets which land them in a debt trap. (3)
Insufficient allocation of funds to the healthcare sector has pushed about 7% of the total population below the poverty line. The government has not undertaken any active measures to improve the situation. (4)

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FAQs about Advantages of Taking Health Insurance Policy