Health is wealth and both wear away
The article discusses the steep rise in health insurance premiums in India, attributing it primarily to high medical inflation (around 15% annually). It highlights the financial burden on individuals, especially older people, and explores alternative strategies like relying on top-up policies combined with personal emergency funds, questioning the long-term viability and economics of traditional health insurance.
The article discusses the steep rise in health insurance premiums in India, attributing it primarily to high medical inflation (around 15% annually). It highlights the financial burden on individuals, especially older people, and explores alternative strategies like relying on top-up policies combined with personal emergency funds, questioning the long-term viability and economics of traditional health insurance.
Exam linkage
GS Paper 3: Indian Economy (Issues relating to planning, mobilization of resources, growth, development and employment; Government Budgeting; Investment Models).
Syllabus mapping
This topic appears in Mains
Questions on Indian Economy come up regularly in GS papers. Practice writing an answer — and see exactly what earns marks.