Navigating Home Healthcare Costs: What Health Insurance Covers and How to Plan
Home nursing, oxygen, physio - health insurance covers only 60–180 days after hospitalisation; here’s how to plan the rest
The Economic Times
Image: The Economic Times
Home healthcare is becoming increasingly essential for post-surgery recovery and elderly care, with costs rising significantly. While health insurance typically covers only 60-180 days of post-hospitalization care, families should plan for ongoing expenses, which can reach ₹2.5 lakh or more. Understanding insurance limitations and creating a dedicated healthcare fund is crucial for managing these costs.
- 01Health insurance covers home healthcare for 60-180 days post-hospitalization, depending on the policy.
- 02Home healthcare costs can be substantial, with expenses for nursing and physiotherapy reaching ₹2.5 lakh for some families.
- 03The Indian home healthcare market is projected to grow to $74.57 billion by 2034.
- 04Home care is typically 25-50% cheaper than hospital stays, offering personalized and convenient care.
- 05Families should create a healthcare fund to cover long-term care costs, estimating a minimum of ₹10 lakh.
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Home healthcare is increasingly vital for recovery after surgeries and for elderly care, particularly as the aging population grows and hospital costs rise. For instance, Ritesh Sheth from Mumbai incurred nearly ₹2.5 lakh for his father's post-surgery care after a fall. Similarly, Jeetesh Hasijani from the United States spent around ₹1 lakh for his ligament injury rehabilitation in Jaipur. The Indian home healthcare market is expected to expand from $16.30 billion in 2025 to $74.57 billion by 2034, driven by advancements in telehealth and rising disposable incomes. Home care is generally 25-50% cheaper than hospital stays, offering benefits like reduced risk of hospital-acquired infections and personalized care. However, health insurance typically covers only 60-180 days of home healthcare, necessitating careful financial planning. Families are encouraged to establish a dedicated healthcare fund to manage ongoing expenses, which can be substantial given the rising costs associated with home care services.
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With rising healthcare costs, families must be prepared for significant out-of-pocket expenses for home healthcare services, which can affect their financial stability.
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