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Mid-Day Explains | 'Your health needs a safety net': Mumbai experts urge 8-10 lakh savings for major illnesses like Cancer and heart disease

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Updated on: 31 August,2024 09:08 PM IST  |  Mumbai
Nascimento Pinto | nascimento.pinto@mid-day.com

Navigating health insurance can be a challenge that not many people are prepared for. While saving up for health is an option, Mumbai experts believe there is a lot people need to know about treatment, costs and insurance while also busting myths and challenges

Mid-Day Explains | 'Your health needs a safety net': Mumbai experts urge 8-10 lakh savings for major illnesses like Cancer and heart disease

Image for representational purpose only. Photo Courtesy: Pixabay

Key Highlights

  1. Cancer and heart issues are two sicknesses that take up a lot of money among others
  2. If you do not have sufficient health insurance, 15-20 pct of savings should be for health
  3. Relying solely on employer’s insurance plan may not be enough as it offers standard cover

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