![A FRIEND IN NEED FOR DIABETICS](https://cdn.magzter.com/Outlook Money/1697600543/articles/5FGWpJx4I1697628186172/A-FRIEND-IN-NEED-FOR-DIABETICS.jpg)
Numbers don’t lie, and certain numbers can be scary. According to a study by the Indian Council of Medical Research–India Diabetes (ICMR-INDIAB), published in medical journal The Lancet in June 2023, 101 million Indians are diabetic and 136 million are pre-diabetic. The numbers, the study says, are much higher than earlier reported figures. The World Health Organization (WHO) estimates that 77 million Indians above 18 years are diabetic and nearly 25 million are pre-diabetic.
“India is consistently retaining its position as the global capital for diabetes. It is a lifestyle disease with long-term multisystemic complications which requires a holistic treatment. Managing and treating diabetes-related complications can be expensive, especially during hospitalisation and it can put a strain on one’s finances,” says Madhumathi Ramakrishnan, senior vice-president, Star Health and Allied Insurance.
Given the rising incidence of diabetes in India and the steep associated costs, buying a health insurance to cover hospitalisation is advisable, especially if you have a family history of diabetes. But which policy should you buy? Should you go for diabetes-specific plans or settle for a regular policy? We have tried to answer these questions by exploring diabetes-specific plans and comparing them with regular health insurance plans to help you decide.
What Makes Them Different?
Diabetic-specific plans are customised to provide specialised benefits and services that cater to the unique requirements of diabetics. Diabetes patients need regular blood glucose monitoring and medical prescriptions. They are also susceptible to high risk for diabetic neuropathy, vision loss, stroke, cardiovascular diseases, and other health ailments.
Denne historien er fra October 2023-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 2023-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![Guide To Build Your MF Portfolio](https://reseuro.magzter.com/100x125/articles/242/1787367/8SrFWm-UP1722859674427/crp_GUIDE-TO-BUILD-YOUR-MF-PORTFOLIO.jpg)
Guide To Build Your MF Portfolio
There are ‘n’ number of funds to choose from and one has to scrutinise several factors, besides just past returns, to make a bouquet of funds that best aligns to one’s goals
![Self Image: Ticket To Success?](https://reseuro.magzter.com/100x125/articles/242/1787367/E6FeTvE9j1722860346019/crp_SELF-IMAGE-TICKET-TO-SUCCESS.jpg)
Self Image: Ticket To Success?
Your capacity for success will be altered according to the image you have of yourself. So, set it on the right trajectory to move to a higher level
![What Budget 2024-25 Means For You](https://reseuro.magzter.com/100x125/articles/242/1787367/jtkqG1Bp-1722858418527/crp_WHAT-BUDGET-202425-MEANS-FOR-YOU.jpg)
What Budget 2024-25 Means For You
Finance Minister Nirmala Sitharaman announced a few changes in the new tax regime, while leaving the old one untouched. The government also increased taxes on long-term capital gains. We decode what the Budget means for you
![Factor Investing In Mutual Funds](https://reseuro.magzter.com/100x125/articles/242/1787367/8O9EP0i321722861678351/FACTOR-INVESTING-IN-MUTUAL-FUNDS.jpg)
Factor Investing In Mutual Funds
A blend of active and passive fund management approaches, factor investing offers diversification, but investors should ensure these factors align with their goals and risk profiles
![Mistakes to Avoid in the Retirement Planning Stage](https://reseuro.magzter.com/100x125/articles/242/1787367/t529ajgQU1722861357816/MISTAKES-TO-AVOID-IN-THE-RETIREMENT-PLANNING-STAGE.jpg)
Mistakes to Avoid in the Retirement Planning Stage
Not starting early, not looking at retirement planning holistically and not consulting a financial advisor are among the top mistakes one should avoid
![Asset Allocation Is Akin To Picking A Cricket Team; Here's Why](https://reseuro.magzter.com/100x125/articles/242/1787367/MrLzGEA6P1722861149111/ASSET-ALLOCATION-IS-AKIN-TO-PICKING-A-CRICKET-TEAM-HERES-WHY.jpg)
Asset Allocation Is Akin To Picking A Cricket Team; Here's Why
Judicious asset allocation will enable you to generate maximum gains and achieve different goals at different intervals by effectively positioning them according to the market situation.
![EMI VS SIP Debate: Which Path Aligns with Your Financial Goals?](https://reseuro.magzter.com/100x125/articles/242/1787367/3KyGxaF9r1722860902496/EMI-VS-SIP-DEBATE-WHICH-PATH-ALIGNS-WITH-YOUR-FINANCIAL-GOALS.jpg)
EMI VS SIP Debate: Which Path Aligns with Your Financial Goals?
Although EMls may seem initially manageable, the final cost can be much higher; SIPs, on the other hand, focus on capital appreciation through marketlinked investments rather than capital repayment.
![Mutual Fund SIP: Tool to Make The Impossible Possible](https://reseuro.magzter.com/100x125/articles/242/1787367/mWz6sTaUx1722860785612/MUTUAL-FUND-SIP-TOOL-TO-MAKE-THE-IMPOSSIBLE-POSSIBLE.jpg)
Mutual Fund SIP: Tool to Make The Impossible Possible
A mutual fund systematic investment plan allows you to reinvest the interest earned into the fund, thus helping you to build a big corpus even with small contributions over the long term.
![Why are Manufacturing Funds Worthy of Your Portfolio?](https://reseuro.magzter.com/100x125/articles/242/1787367/ZlLIPM8nB1722860615429/WHY-ARE-MANUFACTURING-FUNDS-WORTHY-OF-YOUR-PORTFOLIO.jpg)
Why are Manufacturing Funds Worthy of Your Portfolio?
India's manufacturing sector greatly impacts fields like logistics and maintenance, making this thematic fund a strong addition to your investment portfolio.
![How To Help Your Ageing Parents](https://reseuro.magzter.com/100x125/articles/242/1787367/YhyqF96sC1722860258130/HOW-TO-HELP-YOUR-AGEING-PARENTS.jpg)
How To Help Your Ageing Parents
Experts discuss how financial conversations with parents need a big dose of sensitivity, and highlighted the needs of seniors to help those caring for their parents