According to the study, the Indian medical trend rate will be twice as high as the inflation rate.
Of course, healthcare costs should never be compromised; the rising cost of medical expenses makes it difficult to pay for high-quality care, especially if you do not have enough savings to cover an unexpected emergency. In such cases, a digital health card comes into play.
The good news is that the digital health card market is growing rapidly in India right now. According to the study, the market will be worth $372 billion by 2022. However, Indians continue to lack price transparency and have limited knowledge of how to shop for health care services. As a result, they don't have much leverage to cut costs. They frequently choose higher-priced services because they lack extensive knowledge about selecting the best healthcare service at the best price. It's because they believe that a higher price equals higher quality. In reality, this is incorrect.
All thanks to digital health cards provided by companies such as GMoney!
These health cards prepare you for any situation and enable you to convert your medical expenses into simple and affordable EMIs. Doesn't that sound good? Patients can use this digital card to spread payments for large medical bills over time.
One question will undoubtedly arise: Is a health insurance policy insufficient for emergency healthcare? Yes, it is, of course. Your comprehensive policy, however, will not cover a tooth filling or a broken finger.
Other costs besides serious treatments include dental treatment, diagnostic tests, routine check-ups, consultation, preventive check-ups, medicines, and medical equipment. These are typically out-of-pocket expenses that can burn a hole in your wallet.
All of these are widely known. Nonetheless, they are willing to pay an extra Rs. 20,000 to Rs. 25,000 per year for your health policy in order to receive an additional OPD benefit of approximately Rs. 15,000. That is why, in this case, a digital health card is a better option.
Do you want to find out how?
If so, continue reading. This blog will provide important information about a health card. So, without further ado, let us get to work.
Let us first explain the benefits of a health card and what a digital health card is.
A digital health card does not replace hospitalization coverage. In reality, they are special schemes that provide you with discounted rates on medical, health, and medicine expenses in exchange for a monthly or annual membership fee. Such cards provide savings and no-cost EMI options for medical expenses such as pre- and post-hospitalization
Treatment Types Covered
Dental care, hair transplants, eyecare, diagnostic care, stem cell banking, and other medical treatments are made more affordable by the health card. Aside from this advantage, a patient can receive world-class medical care at a variety of partner multi-specialty hospitals, diagnostic centers, dental clinics, stem cell centers, and wellness centers.
Such health cards are extremely beneficial to high-risk individuals who have pre-existing conditions and have been denied health insurance.
What Advantages Does a Health Card Offer Patients?
A patient with a health card can pay their medical bills in No Cost EMI. A patient receives treatment first and then pays in No Cost EMI later.
All they need to do is-
Enter your mobile number to receive an OTP.
Enter their PAN number here.
After that, they will get the instant amount approval (Amount will be transferred to the hospital account) (Amount will be transferred to the hospital account)
What Are the Advantages of a Digital Health Card for Hospitals?
When a hospital partners with a digital health card provider company like GMoney, they can offer their patients no-cost EMI. In other words, they will receive funds prior to treatment directly into their hospital bank account.
Closing Remarks
In a nutshell, digital health cards make healthcare more affordable for patients across India by offering no-cost EMI and advances against Mediclaim. Digital Health Card providers, such as GMoney, are adding value and empowering customers across multiple healthcare services to save money on every transaction. GMoney currently has over 5000 hospitals and healthcare centers on their platform, and they allow patients to manage their healthcare needs from start to finish.
Patients can find the right doctor, book an appointment, get a second opinion doctor consultation, get lab tests done, purchase medicines, and even save money by taking advantage of No Cost EMI and advance against their Mediclaim policy on the GMoney platform.
With all of this information, you should now be aware that getting the necessary medical attention quickly and affordably is easier than ever. Connect with Gmoney - https://www.gmoney.in/ today to learn more about how digital health cards work!
