Affordplan
About Affordplan
Affordplan® is a financial planning platform that allows families to co-design payment plans for non-emergency healthcare services, offering savings on outpatient expenses, surgeries, and wellness programs. By partnering with over 150 hospitals, it enhances healthcare accessibility and reduces medical costs for more than 500,000 users in India.
```xml <problem> Many families in India struggle to afford quality healthcare services due to high out-of-pocket expenses and a lack of accessible financial planning tools. This can lead to delayed or forgone medical care, impacting health outcomes and overall well-being. </problem> <solution> Affordplan provides a financial platform that enables families to proactively plan and save for their healthcare needs. The platform offers a suite of payment solutions, including savings plans for outpatient expenses, surgeries, and wellness programs, along with microinsurance options. By partnering with a network of hospitals and healthcare providers, Affordplan facilitates affordable access to medical care and enhances the overall patient experience. The platform also provides a payments console that offers savings on outpatient spends, wellness offers and microinsurance. </solution> <features> - Customizable savings plans tailored to individual healthcare needs and budgets - Integrated payments console for managing healthcare expenses - Access to a network of partnered hospitals and healthcare providers - Microinsurance options for added financial protection - Mobile app for convenient tracking of savings and payments - Rewards and discounts on healthcare services and related products </features> <target_audience> Affordplan primarily targets families in India who are seeking affordable and accessible healthcare solutions, particularly those with recurring medical expenses or planned procedures. </target_audience> <revenue_model> Affordplan generates revenue through fees from partnered hospitals and healthcare providers, as well as commissions on microinsurance products and potentially through interest earned on savings plan deposits. </revenue_model> ```
What does Affordplan do?
Affordplan® is a financial planning platform that allows families to co-design payment plans for non-emergency healthcare services, offering savings on outpatient expenses, surgeries, and wellness programs. By partnering with over 150 hospitals, it enhances healthcare accessibility and reduces medical costs for more than 500,000 users in India.
Where is Affordplan located?
Affordplan is based in New Delhi, India.
When was Affordplan founded?
Affordplan was founded in 2016.
How much funding has Affordplan raised?
Affordplan has raised 13550000.
- Location
- New Delhi, India
- Founded
- 2016
- Funding
- 13550000
- Employees
- 191 employees
- Major Investors
- Lok Capital