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Age old concerns

Though 76 per cent of Indians worry about developing a chronic disease in old age, only 38 per cent have bought health insurance. These are some of the findings of a Bupa Health Pulse survey.

Money Today | Print Edition: January 2011

Though 76 per cent of Indians worry about developing a chronic disease in old age, only 38 per cent have bought health insurance. These are some of the findings of the Bupa Health Pulse survey conducted by the global research firm, Ipsos MORI, between 10 June and 14 July 2010. The online survey in India was conducted among 1,004 people. Here's a look at the various issues it covered.

How are you preparing for old age?
More than 60 per cent of the respondents believe they will need to draw from their liquid assets to meet healthcare costs. Almost 25 per cent say they have done nothing to assess their health risk.



Who will take care of you in your old age?
An overwhelming majority depend on their families for support in old age. They have more faith in the insurance they buy rather than in the government.



What is the standard of healthcare for old people?
The older generation does not have a good perception about the quality of healthcare, with 56 per cent of the 55-64-year-old respondents rating it as fairly poor.



Have you purchased a health insurance cover?
Indians are optimistic, or fatalistic, about their health, with 47 per cent of the respondents saying they don't worry about it. A high percentage of respondents hasn't bought any health insurance at all.



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