Addressing the unmet needs in India's healthcare, where 70 million surgeries are required but only 20 million are performed due to financial barriers, Dr. Devi Shetty, chairman of Narayana Health, launched the health insurance product 'Aditi' on July 1.

The basic plan, with a premium of Rs 10,000 per year, covers a family of four where the eldest is 45 years old, offering Rs 5 lakh in treatment and Rs 1 crore in surgeries. 

The premium will vary based on the patient’s age and/or comorbidities.

Unlike traditional insurance, the “Aditi" plan will initially cover elective procedures only within their hospital chain but can be used anywhere for emergencies.

The focus is on providing managed care with minimal administrative hurdles, ensuring a smooth and efficient experience within the Narayana Health network.

Dr. Shetty emphasized that no one will be denied coverage, regardless of their medical conditions.