Most Indians are just 'one hospitalization away from bankruptcy,' Zerodha's Nithin Kamath warns

Hindustan Times features a warning from Zerodha’s Nithin Kamath about the financial vulnerability faced by many Indians, who are at risk of bankruptcy from a single hospitalization. Kamath’s statement highlights the lack of adequate health insurance coverage and the significant financial burden of medical expenses on individuals. This warning underscores the urgent need for improved health insurance and financial planning to mitigate such risks and protect individuals from severe financial distress due to unforeseen medical costs.