12 Feb Increasing Awareness Of Health Coverage In The Indian Market
India is a developing country and the government has been doing its bit to increase the awareness of the citizens to help them live a healthy and happy life. At the same time, the government also has privatized the insurance sector, allowing both domestic and private players to participate in promoting towards safeguarding national interest.
Previously, Indian citizens were more concerned about taking life, bike and auto insurance and gave less importance to health insurance. Back then, hospital charges and doctor fees were not exorbitant. But, with the latest medical technologies being implemented in the different hospitals across the country and physicians using the current, sophisticated medical gadgets combined with inflation, prices of medication, treatment and hospitalization and other related fields have sky rocketed making it beyond the reach of the ordinary man. This is why health coverage has become mandatory among the citizens.
Buying Health Coverage
It is the responsibility of every head of the family to ensure that every member is properly insured. This way, he can be financially secured by ensuring that if any incident takes place like an accident, where anyone could be injured or the person gets sick, he/she can be treated with quality medical treatment.
Importance of Being Health Insured
There are many who still are of the opinion that health coverage is simply a waste of money, since they have to pay hefty premiums for a very long time and would be reimbursed only if any member of the family gets hospitalized for sickness or injury. The truth is that being adequately insured would mean, the person can derive peace of mind of being financially protected, especially with the inflating hospitalization bills and medical expenses. It is not necessary for the person to be affected health wise for claiming the benefits of such type of insurance. A good health and happiness is the desire of every person.
Availing the right kind of insurance not only protects the family’s health, but also can assists in saving precious money from taxes. The Indian government has allowed a specific deduction for those availing such type of insurance packages from a reputed provider.