Are you a millennial? Knowing how to choose the right health insurance plan – Expert suggestions


The Covid-19 has brought about a significant change in the way we think about health insurance. Today, health insurance is an “essential commodity” as people realize how much insurance services can help in an emergency. The need to be prepared for an eventuality is paramount these days. A low ticket size lowers the barrier to entry, leading to mass adoption by young clients of different age groups, financial backgrounds and geography.

Millennials want to monitor their health and wellness using technology apps. Fast-paced lifestyles and stress make them more vulnerable to health problems. Additionally, an open dialogue about the importance of overall well-being has helped them prioritize their mental health. Aniruddha Sen, Co-Founder, Kenko Health, explains how to choose a health insurance plan: –

Aniruddha Sen said, “Millennials are the most influential and important customer segment in India. After covid, they have represented remarkable growth in the insurance technology industry by investing in themselves and their families, especially consumers aged 25 to 45 as most at this age are the sole breadwinners in their families Better education, exposure and opportunities attract them to personalized and affordable solutions. the convenience of a first-time buyer, unsure of the health insurance plan, which when opted for with any other insurance provider, is a one-year plan. “

Given the growing demand, Aniruddha Sen explains five health insurance plans millennials should study before opting for one:

“1. An economic plan – Getting started with health insurance, one step at a time, an economic plan is the best way to start, for millennials today. Plans like this offer discounts on medications, doctor’s visits, diagnostic tests, and selective preventive care. Such plans, based on the demands of today’s millennials, also cover dental and mental health. “

“2. Individual all-inclusive OPD plan – Millennials in the 25 to 40 age group who have a lower likelihood of using inpatient hospitalization than outpatient departments should opt for such a plan. These plans offer better discounts on medications, medical consultations, diagnostic tests, and selective preventive care. It’s an all-inclusive plan that takes care of one person, day in and day out. These plans also include dental care, mental health, vision care, preventive care, home care and more. “

“3. Specific Individual Plan Covid-19 – Bearing in mind that cases have started to increase again, it is important to take care of your health and well-being in general, in particular the coverage of Covid-19. Such a plan is holistic for an individual as it covers everything under the OPD individual plan as well as additional health insurance that also includes Covid. “

“4. All-inclusive OPD family plan – There is an increase in the number of millennials who choose insurance as the sole breadwinner of the family. A plan that benefits up to four family members is a plan for working Millennials today. Such a plan is best suited for someone who is looking for economical coverage for their family. The plan offers significant discounts on medications, medical consultations, diagnostic tests, and selective preventive care. These plans include dental, mental health, vision care, preventive care and home care for each member. “

“5. Specific Covid-19 family plan – Covid has grown in popularity among millennials as insurance is in high demand. An all-in-one plan for general health and wellness, including coverage for Covid-19, is a holistic plan for a family of four as it covers everything under the OPD family plan as well as ‘free health insurance that also includes Covid. “

Aniruddha Sen suggests, “It is of the utmost importance for someone to read their terms and conditions carefully, as some crucial details are missed:
– We must ensure that there is no cap on the maximum price of drugs
-If the insurance is annual / monthly
-If insurers have the option for customers to withdraw whenever they want to avoid getting stuck with insurance for the entire period
-If the chosen plans require other commitments
Compare whether a plan is best for you taking into account pre-existing conditions and the age factor. “


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