Why we do it

Why we do it

About 60% of the health expenditures in India are out of pocket and health expenses often end up pushing people into poverty. This happens because people are not willing to invest in insurance. Some reasons for that can be:

  • Lack of knowledge
  • Myths about accessibility
  • Claims aren’t made quickly

Low level of literacy

People have difficulty comprehending government information

Lack of awareness

As health insurance is not mandatory in India, many people do not bother about it.

Temporal discounting

Since health insurance is something people have to pay for in the present but receive benefits in the future, it is subject to temporal discounting.

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