‘Health insurance is enough to meet medical expenses’ Many pe | Wealth of Wisdom - WOW

‘Health insurance is enough to meet medical expenses’

Many people believe that health insurance is sufficient for all healthcare expenses post-retirement. However, this is not entirely true as mediclaim is limited to hospitalisation. On the other hand, if they have not bought any health insurance until retirement, it is unlikely any insurer will offer them one. Even if they get one, the premium will be prohibitively high.