We celebrate International Women's Day as a time to honour the ongoing challenges women face while also marking their advancement in our society. Yet, one of the most urgent yet sometimes disregarded problems for Indian women is the high cost of their healthcare. Many Indian women avoid health tests or treatments that are necessary due to financial restrictions, resulting in a late diagnosis of major illnesses and increased health complications.
But the emergence of FinTech solutions in the healthcare industry is now altering this environment and increasing accessibility of medical testing and treatments, giving women better control of their healthcare outcomes.
This Women's Day, it is important to acknowledge how financial technologies are beginning to help women throughout India close the healthcare affordability disparity.
The Expensive Price Women in India Pay for Preventive Healthcare
When it comes to seeking healthcare, especially preventive tests for diseases such as breast cancer, cervical cancer, osteoporosis, and hormone problems, women in India have major financial hurdles. For example, a mammogram—a necessary diagnostic for early breast cancer detection—can run anywhere between Rs1,500 and Rs4,000 in private facilities. In the same vein, a pap smear used in cervical cancer screening may go from Rs1,000 to Rs3,000. Many women, even those that are well educated and with sound financial means, avoid these “expenses” until they experience a health scare. This problem is even more acute for women from low-income or rural backgrounds, who find basic health screening like hormonal tests to identify thyroid diseases or polycystic ovarian syndrome (PCOS) expensive due to their high cost.
Women's health commonly suffers in households where financial priorities rule. Studies reveal that before thinking about their own medical needs, women typically distribute family resources towards the schooling, domestic bills, and medical needs of their children as well as for male family members. Many a times, until a health problem reaches a critical level, preventive testing are seen as non-essential expenses.
SOURCE- BW HEALTHCARE WORLD
#FinTech #HealthcareForWomen #FinancialInclusion #HealthTech #WomenEmpowerment #DigitalHealth
But the emergence of FinTech solutions in the healthcare industry is now altering this environment and increasing accessibility of medical testing and treatments, giving women better control of their healthcare outcomes.
This Women's Day, it is important to acknowledge how financial technologies are beginning to help women throughout India close the healthcare affordability disparity.
The Expensive Price Women in India Pay for Preventive Healthcare
When it comes to seeking healthcare, especially preventive tests for diseases such as breast cancer, cervical cancer, osteoporosis, and hormone problems, women in India have major financial hurdles. For example, a mammogram—a necessary diagnostic for early breast cancer detection—can run anywhere between Rs1,500 and Rs4,000 in private facilities. In the same vein, a pap smear used in cervical cancer screening may go from Rs1,000 to Rs3,000. Many women, even those that are well educated and with sound financial means, avoid these “expenses” until they experience a health scare. This problem is even more acute for women from low-income or rural backgrounds, who find basic health screening like hormonal tests to identify thyroid diseases or polycystic ovarian syndrome (PCOS) expensive due to their high cost.
Women's health commonly suffers in households where financial priorities rule. Studies reveal that before thinking about their own medical needs, women typically distribute family resources towards the schooling, domestic bills, and medical needs of their children as well as for male family members. Many a times, until a health problem reaches a critical level, preventive testing are seen as non-essential expenses.
SOURCE- BW HEALTHCARE WORLD
#FinTech #HealthcareForWomen #FinancialInclusion #HealthTech #WomenEmpowerment #DigitalHealth
We celebrate International Women's Day as a time to honour the ongoing challenges women face while also marking their advancement in our society. Yet, one of the most urgent yet sometimes disregarded problems for Indian women is the high cost of their healthcare. Many Indian women avoid health tests or treatments that are necessary due to financial restrictions, resulting in a late diagnosis of major illnesses and increased health complications.
But the emergence of FinTech solutions in the healthcare industry is now altering this environment and increasing accessibility of medical testing and treatments, giving women better control of their healthcare outcomes.
This Women's Day, it is important to acknowledge how financial technologies are beginning to help women throughout India close the healthcare affordability disparity.
The Expensive Price Women in India Pay for Preventive Healthcare
When it comes to seeking healthcare, especially preventive tests for diseases such as breast cancer, cervical cancer, osteoporosis, and hormone problems, women in India have major financial hurdles. For example, a mammogram—a necessary diagnostic for early breast cancer detection—can run anywhere between Rs1,500 and Rs4,000 in private facilities. In the same vein, a pap smear used in cervical cancer screening may go from Rs1,000 to Rs3,000. Many women, even those that are well educated and with sound financial means, avoid these “expenses” until they experience a health scare. This problem is even more acute for women from low-income or rural backgrounds, who find basic health screening like hormonal tests to identify thyroid diseases or polycystic ovarian syndrome (PCOS) expensive due to their high cost.
Women's health commonly suffers in households where financial priorities rule. Studies reveal that before thinking about their own medical needs, women typically distribute family resources towards the schooling, domestic bills, and medical needs of their children as well as for male family members. Many a times, until a health problem reaches a critical level, preventive testing are seen as non-essential expenses.
SOURCE- BW HEALTHCARE WORLD
#FinTech #HealthcareForWomen #FinancialInclusion #HealthTech #WomenEmpowerment #DigitalHealth
