How Covid-19 Is Impacting Your Household Budget?

COVID-19 has led to a significant increase in the hospitalization cost of people. Based on current trends, if 30% of the infected people get hospitalized and amongst them, 30% opt for private hospital and taking a conservative Rs 1.5 lakh as the cost of the entire treatment (including medicines, hospitalization charges, PPE kit, etc.) total expenditure of hospitalization comes around Rs 35,000 crore because of increased consumption of health services.

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