Complete Healthcare Cover

While a corporate cover offers the security of being protected from illnesses, it does not cover one across all medical situations

- Parag Gupta

Approach anyone for advice on choosing the right health plan for an individual/family and they would undoubtedly suggest you consider one with either low or no deductibles. But is that the right approach?

Today, lifestyle diseases are increasingly cropping up making it a ticking time bomb with an alarming rise in cardiovascular disease, diabetes, hypertension, asthma and respiratory diseases as well as cancers among Indians. Accordingly, to the Indian Council of Medical Research (ICMR), India reported an estimated 14.5 lakh new cancer cases in 2016 alone. Indians today are facing more and more health issues given the hectic, stress filled lives they are living.

It’s not just the health concerns that are inching upwards but also the healthcare costs. While a common heart valve surgery would cost anywhere around Rs 1,00,000 – 3,50,000, the cost of a liver transplant will easily reach Rs 30 lakh and up. Even the annual cost for a diabetic comes to Rs 10,000 and a regular full body health check-up is anywhere between Rs 12,000 – 15,000.