Co-payment, often referred to as co-pay, is a fixed amount of money that you, the insured person, must pay out of your pocket when you receive a medical service.
What was once considered the standard model of coverage has evolved into a dynamic ecosystem characterised by innovation, customisation, and adaptability. Healthcare innovation is developing at an unprecedented scale and with it so are the customers.
Imagine having a black lung due to exposure to toxic air and not having health insurance coverage - both are a hard-hitting reality! In fact, don’t imagine it — for Indians living in metro cities such as Delhi or Mumbai, this is a daily reality to grapple with. The scenario is disturbingly real. This is where the role of InsurTechs becomes critical.When Breathing becomes Tougher and Medical...