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Shocking truths related to Health of Indians!
⚬ 7 Cr Indians suffer from diabetes ⚬ 1 in 3 Person will develop some life threatening cancer
⚬ 6.2 Cr is an estimated number of Heart Patients ⚬ 85 % of the working population DO NOT have 5 Lacs as instant cash
⚬ >20% of the urban population suffers from hypertension ⚬ 14 % have 5 Lacs instantly BUT subsequently will face a financial crunch
⚬ 30% of the population suffers heart attacks before age 40 ⚬ Only 1% can afford to spend 5 Lacs instantly and easily
⚬ 1 in 4 Person will contact heart disease before they retire ⚬ 99 % of Indians will face financial crunch in case of any critical illness

Reasons for health insurance​

LIFESTYLE HAS CHANGED

Indians today suffer from high levels of stress. Long hours at work, little exercise, disregard for a healthy balanced diet and a consequent dependence on junk food have weakened our immune systems and put us at an increased risk of contracting illnesses.

MENTAL STRESS & LIFESTYLE DISEASES ARE ON RISE

Obesity, high blood pressure, strokes, and heart attacks, which were earlier considered rare, now affect an increasing number of urban Indians.

MEDICAL CARE IS UNBELIEVABLY EXPENSIVE

Medical breakthroughs have resulted in cures for dreaded diseases. These cures, however, are available only to a select few. High operating expenses—therapy for breast cancer costs as much as Rs. 2 lakhs for 3 days—have restricted treatment to the richest. In fact, even among the affluent groups, 20% need to sell their valuable assets so they can accumulate the required amount to meet healthcare costs.

 

INDIRECT COSTS ADD TO THE FINANCIAL BURDEN

Indirect sources of expense—travel, boarding and lodging, and even temporary loss of income—account for as much as 35% of the overall cost of treatment. Most often, we overlook this fact when planning for medical expenses.

 

STRIVE TO GET BEST IN CLASS TREATMENT FOR OUR LOVED ONES

In India we first resort to private sector hospitals over government set ups in case of any medical emergency in the family. Figures are elaborative enough to support this as Private sector contributes 72% of healthcare expenditure, higher than global average of 39%.

HEALTHCARE INFLATION IS CLOSE TO 20% – PLAN ACCORDINGLY

Healthcare inflation in India is close to 20% as compared to overall inflation of 8-9% per cent in the past few years. What it means is that if you need to plan for medical emergency then you need to factor tomorrow’s cost, today.