BeatO - India’s largest digital ecosystem for diabetes care and management - announced the launch of its ‘Diabetes TOTAL’ monthly subscription plan.
This is a holistic plan that provides a person with diabetes an affordable hospitalization insurance cover and significant savings on all their recurring medical expenses. The plan combines this with unlimited access to BeatO’s diabetes monitoring and management system that drives intervention through top diabetologists and other specialist doctors. It also rewards users who comply and manage their blood glucose levels by providing discounts on their subscription costs.
India is considered as a global epicenter of this lifestyle-linked ailment, more than 74 million adults are estimated to have diabetes. As per the National Diabetes and Diabetic Retinopathy Survey by the Ministry of Health and Family Welfare, diabetes prevalence in India is 11.8%. While such statistics are worrying, the bigger worry - almost 70% of people with the ailment have uncontrolled diabetes.
Typically, diabetics spend around Rs 30,000 per annum only on managing diabetes- this includes buying blood glucose strips, medication expenses, doctor consultations, lab tests, physical examinations, and diet planning. Additionally, a hospitalization cover is extremely important for a person with diabetes considering the chances of future health complications. However, expensive premiums, extensive medical tests, or disqualification due to pre-existing ailments mean a large number of people avoid buying health insurance or are not sufficiently covered.
Considering the current COVID-19 pandemic and the higher complication risks for people with diabetes; not having insurance can cause a lot of stress. Additionally, hospitalization, even from non-diabetes related complications, can incur high treatment costs. Reports indicate that India ranks among the world’s least-insured nations, with a 20% health insurance penetration rate. For a diabetic especially, lack of insurance can inflate their financial burden and perhaps even mean inadequate medical care.
Addressing the problem, BeatO presents a holistic plan-specially for people with diabetes, which has a three-pronged approach of providing affordable hospitalization coverage, huge savings on diabetes-related expenses, and a detailed diabetes management program.