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  • News From Press With no health insurance, most Indians ‘burn up their savings to pay medical bills’

    With no health insurance, most Indians ‘burn up their savings to pay medical bills’

    Source: Business Line Dec 6, 2017

    A whopping 62 per cent of Indians paid from their own pockets for their medical expenses in 2016, an annual study by global health services company Cigna showed.

    The study, 2017 Cigna 360° Well-being Score - India Report, unveiled by Cigna TTK Health Insurance, revealed that Indians primarily depend on their own savings when it comes to funding health emergencies, and also underscored the low penetration of health insurance in the country.

    While 85 per cent are covered by private medical insurance, nearly two-thirds of medical expenses are self-funded.A whopping 62 per cent of Indians paid from their own pockets for their medical expenses in 2016, an annual study by global health services company Cigna showed.

     

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