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Amid coronavirus uncertainty, heathcare network offers universal cover for RuPay, UPI users

Oxxy Healthcare said it is a "great step towards 'Aatmanirbhar India' with zero foreign funding. It has been done to give a safety net to Indian lives".

May 24, 2020 / 04:46 PM IST

Amid global uncertainty in the time of the coronavirus pandemic, one of the largest heathcare network of India is offering universal cover bundled with other needs exclusively for RuPay card holders and UPI users, officials said on Sunday.

Oxxy Healthcare said it is a "great step towards 'Aatmanirbhar India' with zero foreign funding. It has been done to give a safety net to Indian lives".

"We are offering a universal cover bundled with life insurance, health insurance and healthcare needs by paying the amount in interest-free EMIs starting as low as Rs 1,500 per month, and this unique feature is exclusively available for RuPay card holders and UPI users," it said in a statement.

With COVID-19 claiming lives of thousands of people and affecting over a lakh in the country, many citizens are facing a difficult situation as far as accessible heathcare is concerned.

RuPay and UPI are the products of National Payments Corporation of India (NPCI). UPI allows users to transfer money on a real-time basis across multiple bank accounts without revealing details of one's bank account to the other party.


COVID-19 Vaccine

Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

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"Under the present circumstances, it is important that we fully secure ourselves and our family members for any uncertainty which might give us financial pressures later," the company said. PTI KND DPB .
first published: May 24, 2020 04:44 pm

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