PhonePe launches a mutual health insurance for young first-time buyers

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PhonePe, a digital payments company owned by Walmart, has announced the launch of its latest health insurance plan, Health @ 999, aimed at young first-time healthcare buyers. PhonePe said the latest offering is the first of its kind in the Indian digital payments space and offers comprehensive health coverage at an affordable price. The highlight of the product is the simple 3-step process that only requires the user to provide details such as name, age, gender, and email id to purchase the font, eliminating time-consuming processes. by which new and young buyers are deterred.

“The Health @ 999 is designed for new insurance buyers, giving them access to high quality, affordable health insurance,” said Gunjan Ghai, vice president and head of insurance, PhonePe. “We believe that 335 million PhonePe users will greatly benefit from this offer which can be purchased quickly and easily on the PhonePe app.”

Health @ 999, at its low price, offers coverage for hospital expenses, including inpatient and intensive care hospitalization, daycare procedures, ambulance costs, and Ayush treatment, among others. The plan’s cashless hospital network spans 7,600 hospitals nationwide. Health @ 999 can be used through PhonePe instantly and comes with the Lifetime Renewal feature.

“Our offer is designed with the idea that all Indians deserve to have access to affordable and high quality health insurance, regardless of their income or level of education,” said Ghai. “PhonePe, with its deep expertise in bringing the best insurance products to market, will help its users make better and smarter choices to reduce the financial risk of unforeseen events in their lives. “

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