Why You Also Need A Separate Medical Emergency Fund For Your Family

Is health insurance enough to protect your family from rising medical expenses? With medical cost inflation remaining in double digits, advanced treatments and quality healthcare are becoming increasingly expensive. In this conversation with Sakshi Batra, Pankaj Gupta, MD & CEO, Pramerica Life Insurance, explains why health insurance alone may not be enough and why a separate medical emergency fund is important. He highlights how rising healthcare costs make advance financial planning essential for families. Having adequate health cover alongside emergency savings can help families manage unexpected medical expenses and access quality treatment without compromising on their healthcare needs.