PhonePe makes health insurance accessible and affordable with monthly premiums [Video]

Are you someone who is looking to choose the right health insurance plan but is hesitant about the premium prices? Well, you’re not alone! Finding the right health insurance plan can be overwhelming as navigating costs can be quite tricky.

No wonder, only one out of three individuals in India have health insurance coverage, including both government and private health insurance schemes. But what if you were to discover that paying for health insurance premiums can now be as simple as your monthly OTT or grocery subscriptions?

Health insurance, an expense or an investment?

Health insurance in India has always been viewed as an upfront financial burden rather than a safety net to protect one’s financial interests. While the average per capita income in India is around Rs 16,000 per month, health insurance plan premiums, when payable annually, amount to nearly 30 per cent (assuming Rs 5,000 as premium) of a month’s salary which makes it difficult to …