Thursday, June 20, 2024
Business

High premium deters health insurance

A recent study by Pristyn Care, a healthcare provider, reveals that 30% of individuals in various Indian cities refrain from purchasing health insurance due to high premiums. Furthermore, the research, conducted among 3,150 people in cities like Mumbai, Delhi, Gurugram, Noida, Chennai, Bengaluru, Kanpur, Patna, Kochi, and Vijayawada, indicates that around 34% lack awareness about the most suitable health insurance options.

The study underscores the impact of the Covid-19 pandemic, emphasizing the need for a more resilient and adaptable healthcare system. Approximately 45% of respondents opted for health insurance post-pandemic, with 42% increasing their insurance coverage—a clear indication of the heightened importance and value attributed to health coverage.

Moreover, over 60% of participants perceive medical procedures in India as cost-effective. However, the study notes that 50% of patients in tier 2 and 3 cities still travel to metros for superior treatment. Addressing healthcare system improvements, 30% emphasize the need for more affordable medical treatment, while 24% highlight the necessity for enhanced quality among healthcare professionals.

On a positive note, 70% of respondents in metro cities express satisfaction with the current accessibility of surgical care, indicating progress toward achieving Sustainable Development Goals that prioritize the health of individuals as fundamental to robust societies and economies.

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