Disability & Rising Medical Costs: Build a Strong Financial Safety Net Now!
Business
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Moneycontrol•11-01-2026, 08:02
Disability & Rising Medical Costs: Build a Strong Financial Safety Net Now!
- •Medical costs for people with disabilities are a certainty, not just a worry, encompassing therapies, devices, consultations, and caregiving.
- •Many Indian households plan reactively for disability-related expenses, often waiting for a crisis instead of proactive, early planning.
- •Underestimating the compounding nature of disability costs over time is a common mistake; expenses like physiotherapy can double in five years.
- •Health insurance is necessary but insufficient, as policies have limits and often exclude long-term therapies or assistive devices.
- •A dedicated medical corpus, separate from other savings, is essential to absorb medical shocks and ensure continuity of care.
Why It Matters: Proactive, long-term financial planning is crucial for people with disabilities to ensure dignity and continuity of care.
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