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Covid drains bank accounts of uninsured Top Searches Covid drains bank accounts of uninsured Rajesh Chandramouli / TNN / Updated: May 15, 2021, 08:34 IST FacebookTwitterLinkedinEMail CHENNAI: Besides its debilitating health impact, Covid is draining the finances of its victims, particularly the uninsured, causing some to get into long-term debt. While 49-year-old Mukund Murli got away with a Rs 20,000 bill for his hospital stay due to a health cover purchased by his employer, fellow Chennai resident S Hari Charan had to take a personal loan, which requires him to pay an EMI of Rs 6,500 for four years to clear his hospital bill. The surge in cases and the subsequent capacity constraints are forcing the middle-class to avail of private healthcare services they cannot afford. Manoj Dubey found himself paying out-of-pocket to the extent of Rs 5 lakh after his two children and uninsured aged parents were hit by Covid, requiring hospitalisation. ....
Covid drains bank accounts of uninsured SECTIONS Share Synopsis The surge in cases and the subsequent capacity constraints are forcing the middle-class to avail of private healthcare services they cannot afford. Financial planners say that the pandemic has underlined the need for health insurance now more than at any other time in the past. (This story originally appeared in on May 15, 2021)CHENNAI: Besides its debilitating health impact, Covid is draining the finances of its victims, particularly the uninsured, causing some to get into long-term debt. While 49-year-old Mukund Murli got away with a Rs 20,000 bill for his hospital stay due to a health cover purchased by his employer, fellow Chennai resident S Hari Charan had to take a personal loan, which requires him to pay an EMI of Rs 6,500 for four years to clear his hospital bill. ....