Insured, but at what cost?
Remember the old life insurance ad tagline 'Sar utha ke jiyo' (live with your head held high)? It promised dignity and peace of mind, that no matter what life throws at you, your insurance policy had your back.
But today, as medical costs soar and risks multiply, insurance is no longer optional. The question is, are people truly getting the protection they’re paying for?
Hospitals are turning into battlegrounds over pending claims, with policyholders watching their premiums shoot up faster than their salaries. Growing delays in claims, rising premiums, high taxes, and a lack of trust are forcing people to rethink their insurance plans.
In fact, nearly 50% of policyholders who filed a health insurance claim in the last three years faced major issues, such as rejections, partial approvals, or long discharge delays, according to a LocalCircles survey that covered over 100,000 respondents across 327 districts.
Frustrated by these experiences, some have started trimming their coverage. Others are stepping away from health insurance altogether.
