AffordPlan allows small savings to plan for expensive emergency procedures

The founders compare their savings model to a piggy bank where one can put a small amount regularly to plan for expensive emergency procedures

How many times you had a toothache but avoided going to the dentist because the treatment is expensive, and took a painkiller instead? 

As health care spending is growing aggressively at 20 per cent annually, patients are ill-prepared for the rising medical expenditures. The commercial health insurance penetration is a mere 6 per cent in India and out-of-pocket spending on private health care is about 90 per cent. 

An effort to find a cure to treat this problem brought together Tejbir Singh, a postgraduate from Massachusetts Institute of Technology, who was vice-president at TaxiForSure, and Hemal Bhatt, a former Army captain who