13-Jun-18, Business Standard
ETechAces-owned PolicyBazaar.com is now foraying into the healthcare tech and service space. As part of its plans to capture the out of pocket healthcare market in India estimated at nearly USD100 bn, the new venture will provide free online and over the phone medical consultations, to begin with.
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It aims to provide 1 mn free medical consultations by March 2019 and reach the scale of 5 mn by March 2020. Given that social security support on healthcare services front is either very limited or difficult to access for the general public, the venture aims to redefine the way India seeks quality medical services, just like its parent company has done it for the insurance segment.