Uncertainties of Health hazards or injuries can hit anyone at any age. Treatment of them may eat into your wealth if not adequately insured, given the high medical inflation. So regardless of age Health Insurance is a must. If one takes a health insurance policy at a much younger age much lower would be the premium and the opposite is also true.

Its unfortunate that 80.9% of Urban Indians do not have any type of health insurance cover other than the government provided. Policies with regards to government provided health Insurance are subjective to change, more so when governments change. Of the 19.1% Urban Indians who are insured 2.9% have only a private employer-sponsored health cover. The costly ignorance of people  who have only private employer-provided policy is that the company would not cover you after your retirement, which is actually the period when you need a health insurance the most. If you have serious illnesses when you are 60, when you approach an insurer for a health insurance policy then the premium can be exorbitant or the insurer can even refuse to cover you.