Rising Healthcare Costs: Don’t Rely On Your Corporate Health Insurance
As per a study by KPMG & FICCI, the out-of-pocket expenditure for Indians accounts for approx 62 percent of the total healthcare expenditure as compared to the global average of 18 percent. Those of you who are completely reliant on corporate medical insurance should pay attention to the findings of the Micro, Small and Medium Enterprises (MSME) group medical insurance penetration in India report. As per the report, 48 percent of MSMEs prefer a low amount insured of only up to 2 lakh rupees. These Micro, Small and Medium enterprises opt for a basic coverage of personal accident & critical diseases with their focus locked on low insurance premiums which results in a reduced insurance coverage.
Tax Benefitup to Rs.75,000
Save up to 12.5%* on 2 Year Payment Plans
7 Lakh+ Happy Customers
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Close
Back
Get insured from the comfort of your home No medicals required
I am a
My name is
My number is
Select Age
City Living in
Popular Cities
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
Get updates on WhatsApp
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
- Home
- Health Insurance
- News - GHI
- Rising Healthcare Costs: Don’t Rely on Your Corporate Health Insurance
The take away from this report that you must buy an adequate health insurance coverage that offers good healthcare services even after 12-15 percent inflation. Over the company-provided corporate health insurance & social welfare schemes like Rashtriya Swasthya Bima Yojana a family floater medical insurance plan should also be purchased to get maximum insurance benefits.
Written By: PolicyBazaar - Updated: 15 September 2021
Search
Health Insurance Companies
Aditya Birla Health Insurance
Bajaj Allianz Health Insurance
Bharti AXA Health Insurance
Care Health Insurance
Cholamandalam Health Insurance
Digit Health Insurance
Edelweiss Health Insurance
Future Generali Health Insurance
IFFCO Tokio Health Insurance
Kotak Mahindra Health Insurance
Show More Insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Health insurance articles
Recent Articles
Popular Articles
25 Oct 2021
The PMASBY or the Pradhan Mantri Atmanirbhar Swasth Bharat Yojana...
21 Oct 2021
The prevalence of dermatology has risen significantly in India...
09 Oct 2021
Orthopaedic health conditions have become quite common in India...
07 Oct 2021
Every health insurance plan comes with unique benefits to attract...
30 Sep 2021
Every person must have a health insurance policy to deal with...
