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Regarding Health Insurance In India

Discussion in 'Money Matters' started by mimi77, Apr 26, 2019.

  1. mimi77

    mimi77 Gold IL'ite

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    Hi,
    With increasing medical expenses it's crucial to have health insurance.... Most of us are covered under Corporate Health insurance schemes... Benefits under this scheme are extended to parents also under family floater... .Against which a premium is charged... .Question is whether it is better to purchase an individual health insurance also? Can we discuss the pros and cons of Group Health insurance Vs Individual health insurance.... Also is it better to purchase insurance separately for elderly parents? Your valuable feedback will be much appreciated
     
    nakshatra1 likes this.
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  2. sonal1611

    sonal1611 Gold IL'ite

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    Yes ,In my opinion.. .. What happen if someone leave their job ??? Corporate Health insurance will go away.. so better to have personal health insurance as well for self and dependents ...
     
  3. drsmit7725

    drsmit7725 New IL'ite

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    Health insurance in India typically pays for only inpatient hospitalization and for treatment at hospitals in India. The first health policies in Indiawere Mediclaim Policies. In Year 2000, Government of India liberalized insurance and allowed private players into the insurance sector.
     

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