Aetna to invest Rs.100 Cr for quality healthcare solutions in India

To provide quality healthcare services in India, Aetna International has committed to invest Rs. 100 crore in their fully owned subsidiary – Indian Health Organisation (IHO). The company aims to make quality healthcare solutions affordable and accessible.

In addition to that, the company has launched a Classic Family Consultation membership which is priced at Rs. 5880 for one year for a family of four. The membership has been designed to meet the day to day outpatient medical expenses. The membership offers :

  • Unlimited tele-consultation with doctors
  • Ten free doctor consultation vouchers which can be utilised at top hospitals and clinics and
  • Two free comprehensive health check-ups
  • Expert guidance on wellness
  • Tax exemption under section 80D

Making the announcement, Richard di Benedetto, President, Aetna International said, “India is a key market in our future growth strategy. The country has tremendous scope for growth in the healthcare sector. Affordability and accessibility are key challenges and our products and services are designed to help with this. I am confident that with our efforts and investments, we will bring healthier days to millions of members.”

On this, Sneh Khemka, Managing Director, International Population Health solutions, Aetna International stated, “Product and services of the Indian Health organisation are aligned with our vision of becoming a healthcare partner for people around the globe. We help our members stay healthy at every stage of life. The company already serves just under 500,000 members. Fresh investments and the launch of this new product will increase our presence in India.”

Manasije Mishra, Managing Director, Indian Health Organisation said on this occasion, “Around 66 – 76% of the healthcare expenses of an Indian family are outpatient expenses related to consultation, medicines, diagnosis, preventive health check-ups and other minor treatments. We estimate that a family of 4-5 members in a metro city spends between Rs. 25000 to 35000 per year. Our Classic Family Consultation membership should help reduce this by up to 50%.”