Healthfin provides loans for medical needs - Fusion - WeRIndia

India has the second-largest population in the world, at about 1.35 billion people. However, out of all these people, only a small fraction can actually afford medical procedures and hospitalization.

According to a report by The Hindu, over 80% of the population of India does not have access to any health insurance.

Even for people who do have health insurance, it is likely that they will not get the amount that they need for their treatments. This issue hit close to home for Dr. Sonia Basu and her friend, Parvaiz Shaikh, when a childhood friend of theirs lost his father because he couldn’t raise funds for his father’s surgery in time. The incident affected them deeply, and they decided to do something about the health insurance gap.

Parvaiz and Sonia combined their knowledge and experience to begin Healthfin in 2016. Originally, Healthfin began as part of the 10,000 Startups program of NASSCOM.

Healthfin provides financial solutions to uninsured and underinsured patients who need immediate funds to treat the medical conditions of themselves or their loved ones.

They understand the importance of providing their solutions in a timely manner. They bring patient loans directly to the hospital itself, where it is most needed.

They also make sure that the funds are delivered at the right time. In fact, Healthfin is one of the quickest dedicated patient loan providers in India.

Currently, Healthfin has a team of 16 members. They are planning to grow in the future, which includes their expansion to Bangalore, Chennai, Delhi, Kolkata, and Hyderabad in the next couple of months.

Parvaiz says that the startup intends to stick to its core mission, which is to make healthcare affordable and accessible for all people.

Their dedication to their core values allows them to empathize with the patients they help and provide them with what they need.

Healthfin is dedicated to making a difference by allowing all people to live full, healthy lives.

Image Reference: Yourstory