Healthcare Fintech Platform 'AffordPlan' Registers Annual Growth of 300 Percent in Maternity Patient Base

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Press Trust of India NEW DELHI
Last Updated : Jan 18 2019 | 4:15 PM IST

/ -- Partners with 800 healthcare merchants across India
Expands its presence in five cities including Delhi, Bangalore, Mumbai, Pune and Ahmedabad
Some of the notable partner hospital names in key cities include:
Delhi NCR: Batra Hospital & Medical Research Center, B M Gupta Hospital, Faridabad Medical Centre among other standalone units Mumbai: Mahavir Maternity and General Hospital, Currae Gynaec, Pooja Maternity, Govandi Nursing Home, Mahavir Maternity and Surgical Hospital among other standalone units Bangalore: Gunasheela, Motherhood, Cloudnine, Koshys and other standalone units Tejbir Singh, Co-Founder and CEO of AffordPlan, said, "Healthcare spends impact all in the course of their lifecycle, albeit differently, and the majority of Indians are plagued with spends that are unplanned and out-of-pocket. Through our savings product, hospitals and patients can co-design flexible payment plans for their medical treatment. AffordPlan offers a manageable payment structure, developed specifically for an individual's need,based on their liquidity."

According to National Family Health Survey-3, the private medical sector remains the primary source of healthcare for 70% of households in urban areas and 63% of households in rural areas. While the facilities have been improving across the sectors, so have been the high out-of-pocket expenses. In fact, the surge in out-of-pocket costs of private healthcare has led many households to incur catastrophic healthcare expenditure, threatening the household's ability to maintain even a basic standard of living. (* )
About AffordPlan
Website link - https://www.affordplan.com/

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First Published: Jan 18 2019 | 4:15 PM IST

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