Medical inflation stands at 14 per cent in India making access to quality treatment challenging. Those individuals getting treated are often left with a massive financial liability. For this reason, experts suggest Gen Z get insured at the earliest. Here is everything you need to know
The Indian healthcare market, which was valued at $116 billion in 2016, is projected to reach $638 billion by 2025. Photo Courtesy: iStock
While chronic illnesses like diabetes, hypertension, and obesity are on the rise among the young, the awareness of health insurance in Gen Z is considerably low. Additionally, the skyrocketing costs of healthcare services make health insurance education even more crucial than ever.
Experts believe that Gen Z must get themselves insured as early as possible for the best support. However, determining which health insurance suits best for you and the process of getting yourself insured can be easily overwhelming.
Mid-day.com roped in experts from the health insurance sector to seek key insights on the same.
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