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28 May 2008

Senior Citizens : Between a Rock and a Hard Place


India's elderly population are literally caught between the devil and the deep sea. The government might have provided adequate incentives in the budget for children to buy medical insurance for their ageing parents; but it is not working well. For in the entirely money-driven economy that we live in today, the elderly are not insurable and pose a business risk where the claims will be possibly higher than the premiums realized.

Strangely speaking, the public sector insurers &nd...
GroundReport.com 5/28/08 5:06 AM

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