Health insurance vs medical corpus: What should senior citizens prioritize?
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said insurance generally protects better than a medical corpus, but suggested looking at alternatives if the premium grows too large relative to the cover. He also offered a benchmark for the premium as a share of household spending.
More of Abhishek's views on insurance
Rising health insurance premiums are pushing many senior citizens to weigh keeping their policy against building a medical fund. The article argues insurance still protects better against large bills and covers ways to cut costs, such as a base plan with a super top-up, dropping add-ons, group cover through children and government schemes.
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Health insurance vs medical corpus: What should senior citizens prioritize?