Medical Inflation Soars: Why Annual Health Insurance Review is Crucial

• Medical inflation (12-15% rise) makes regular health insurance review essential for financial security.
• Outdated policies may not cover rising costs of treatment, hospitalizations, and medicines adequately.
• Annually check sum insured; consider top-up/super top-up plans for sufficient coverage.
• Verify policy includes day-care, pre/post-hospitalization, critical illness, and network hospitals.
• Choose family floater or separate senior citizen plans based on family needs, prioritizing security over tax savings.

Why It Matters: Review health insurance annually to match rising medical costs and ensure adequate family protection.