The exorbitant medical costs necessitate having a health cover in place, even if you are covered under your employer’s group health policy.
The fierce second wave of the COVID-19 pandemic has triggered a health crisis across India. The devastating disease has led to hospitalisation and death of many, once again highlighting the need to have an adequate health insurance cover in place to fund these expenses.
Whether you are young or old, are covered under your employer’s group policy or not, you must look to buy a health insurance policy. The right time to buy one was yesterday. But if you haven’t purchased one, you need to take the call right away.
To know more about calculating the ideal cover amount, choosing the most suitable policy and other finer details, Preeti Kulkarni speaks to Abhishek Bondia, Co-founder, Securenow.in, in this episode of Simply Save. Tune in for answers.
Frequently Asked Questions
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.
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.
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.