There is a constant rise in the number of health problems in Bangalore – one of the busiest and most populated cities in India. Health disorders such as diabetes, hypertension, tuberculosis, malaria, dengue and heat disorders are affecting its inhabitants greatly.
Deaths caused by diseases like tuberculosis are reported to be very high. Research conducted by NGOs finds that one in every six deaths is caused by tuberculosis. Hence, the need for medical assistance is very pronounced in Bangalore, adding to the huge demand for insurances companies to compensate large medical bills.
Medical inflation has added to residents’ living costs. Cost of quality healthcare is only expected to increase in coming years. Bangalore, blow as one of the most expensive cities in the world, can expect health costs to be a major part of residents’ budgets thus making health insurance an absolute necessity. Fortunately, being a centre of economic activity in India, insurers are only too happy to service this burgeoning demand for health insurance policies.
Bangalore has a considerable number of top insurance companies functioning in the city.