Install our App to get easy Access toBuy, Link, Renew, Claim and More
GetInvestment in Health Coverage: Your Step Towards a Healthy Future
Jan 23, 2023
In an ideal world, everyone should get access to healthcare services without financial hardship. But this is not the reality. Despite building savings, a significant portion of the population struggles to pay for medical expenses due to insufficient finances and rising inflation. However, you can solve this issue for yourself and your family by investing in a health insurance plan. Let us learn more about its importance on this Universal Health Coverage Day.
Universal Health Coverage Day
First proclaimed by the United Nations in 2017, Universal Health Coverage Day is observed on 12th December annually. The objective of this day is to provide quality, affordable healthcare to everyone and to raise awareness about the need for widespread access to healthcare. The UN, in association with entities like the World Bank, World Health Organisation, Oxfam, etc., spreads awareness and educates organisations and leaders to invest in better healthcare infrastructure.
Role of medical insurance in health coverage
The UN conducts yearly campaigns to promote universal healthcare. It also raises awareness about the importance of health insurance, which proves beneficial in the following ways.
Insurance safeguards your family
Health insurance enables you and your family members to bear the costs of medical expenses following a medical diagnosis. If you need hospitalisation or long–term care, your insurer covers the medical costs per the policy terms. As an investor, you can choose from various health insurance policies.
It protects your savings
With insurance, you do not have to worry about exhausting your savings to pay for medical emergencies. You need not break your fixed deposits, mortgage your assets, or empty your savings account since the insurer bears most of the costs.
It helps fight inflation
Medical costs have increased exponentially in the past decade, thanks to inflation. Advancing medical technology also adds to the expenses. But by investing in a good health insurance policy with a high sum insured, you can stay immune from inflation.
Insurance enables quality treatment
Insurance ensures access to the best medical treatments, especially if you opt for high, comprehensive coverage. This way, you do not have to compromise on the treatment course. You can seek treatment at your preferred medical institutions under the best healthcare professionals.
You can enjoy income tax benefits
The Indian government recognises that health insurance is a necessary investment. Thus, it offers tax benefits on insurance investments. Depending on your age and the ages of the persons insured, you can avail of annual tax deductions of ₹25,000 to ₹100,000 under Section 80 D of the IT Act of 1961 for expenses borne towards health insurance premiums.
Secure your health and finances with health insurance
Health insurance empowers you to get the best medical care. It allows you to focus on getting treatment instead of worrying about managing the necessary funds. Today, insurers allow you to purchase health insurance plans online. You can visit the insurer’s website and choose from a range of health insurance policies like individual insurance, family floater plans, critical illness insurance, and so on.
This Universal Health Coverage Day, take charge of your health and finances. Invest in health insurance today.
Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.
This blog is intended solely for educational and informational purposes. The content may include outdated information regarding the topic discussed. Readers are encouraged to confirm the accuracy and relevance of the data before making any significant decisions. SBI General Insurance disclaims responsibility for any errors or consequences arising from the use of outdated information provided herein.
Recent Blogs
Health Insurance
Beat the Heat with These 10 Healthy Indian Summer Coolers
With each passing year, the temperatures in summers seem to be setting new records. The scorching heat through the summer months leaves you parched for some refreshing drinks. This summer choose some refreshing traditional Indian chillers to cool you down instead of guzzling carbonated drinks.
Health Insurance
12 Winter Skin Care Routine
Skin's natural barrier can be weakened due to cold winds and low humidity, making it dry, irritated, and sensitive. But understanding these effects helps you feel more prepared to protect your skin this winter. Keeping up with the skincare routine in winter is key to protecting the skin barrier, keeping the skin moisturised, and preventing damage from the season's stressors.
Health Insurance
6 foods to avoid winter illness and stay healthy
Winter pollution and cold can disrupt your routine, raise stress and lead to overeating and weakened immunity. We recommend a balanced diet with enough protein to curb hunger pangs, and extra sleep to reduce stress.
Oats & Honey
Oats are a filling budget food to boost energy. They are high in immunity-boosting zinc and fibre to stabilize blood sugar. Honey’s antioxidants also boost immunity, and its anti-microbial properties kill bacteria & soothe sore throats.
Pomegranates
Pomegranate juice is rich in vitamin B and antioxidants, which curbs harmful cholesterol that leads to plaque build-up in the arteries. Its seeds can reduce chances of cancer, heart disease and high blood pressure.
Citrus Fruits
Citrus fruits contain vitamin C which boosts immunity (one orange contains a day’s worth). Their potassium helps maintain electrolyte balance. They are also high in fibre, which controls blood sugar and cholesterol.
Sweet Potatoes
A popular winter food, sweet potatoes are loaded with vitamins A and C. They contain antioxidants that reduce cell damage in the body, while their high fibre content helps stabilize blood sugar levels.
Dark Greens
Dark leafy vegetables are low in calories and rich in beta-carotene and vitamin C – both powerful antioxidants that help fight infections & build immunity. Cold weather even reduces their bitterness, making them tastier.
Carrots
Carrots are loaded with vitamin C and antioxidants. They also contain beta-carotene, which turns to vitamin A in the body, boosting immunity and enabling healthier eyes, skin & mucus membranes.
Which Spices?
Mustard and ajwain are a great flu remedy, stimulating digestion and increasing blood circulation. Methi soothes bone and joint problems that crop up in winter, while fresh turmeric is a great anti-microbial immunity booster.
Health Insurance
6 Natural Ingredients for Soft Skin in Winter
As winter approaches, it’s essential to provide extra care for your skin to keep it soft and nourished. With dry humidity, cold winds, and indoor heating, it's easy for the skin to feel dry and uncomfortable. Practicing natural winter skincare by incorporating the right ingredients into your routine can allow the skin to feel truly cared for and protected during the winter. Let’s learn more in this regard.
Access and manage all your Insurance Needs in one place, right at your Fingertips.
4/5*
Access and manage all your Insurance Needs in one place, right at your Fingertips.
Vision
Our vision is to become the most trusted general insurer for a transforming India.
Mission
Our mission is to provide simple and innovative general insurance solutions, be responsive to our customers' needs and build a sustainable business for the future.
We're socially active!
