In Myanmar, some of the most common health issues people face today include stroke, acute respiratory infections, heart disease, and serious illnesses like cancer. These critical illness health problems can disrupt daily life and lead to physical weakness, often resulting in a growing dependence on others for everyday tasks. It can also make it hard for you to continue working, which might lead to quitting your job and losing your main source of income. In addition, the cost of medical treatment can cause financial difficulties, place a heavy responsibility on family members who need to provide care, and may create tension in family relationships.
Therefore, when facing such a critical illness, it doesn’t just affect the patient alone, it also creates a financial burden for both the patient and their family. Expenses such as medical bills, hospital stays, and other related costs can accumulate quickly. In some cases, families may have to use up their savings or borrow money from others to cover these expenses, which can lead to long-term financial struggles.
From the perspective of a company owner, the well-being of employees should be an important priority. Whether its employees miss work due to illness or struggle to complete tasks because of concerns about their health or their family’s health, these issues can affect the company’s productivity. Over time, this can slow down the company’s growth and impact overall business performance. That’s why supporting employee health and well-being is not just good practice, but also a smart business decision.
This is where health insurance plays an important role. Prudential Myanmar offers PRUHealth, a type of health insurance that allows both individuals and business owners to choose a plan that suits their specific needs. It not only helps cover major medical expenses such as surgeries and hospital stay but also provides peace of mind and a sense of financial security. In addition, PRUGroup Health is a group health insurance plan specially designed for companies that wish to support their employees by ensuring that both employees and their families can access necessary healthcare without the added burden of financial stress.
This article is inspired by the video “Myth Busting Health Insurance,” featuring a discussion between Ma Laura Cho, Former Chief Human Resources Officer of Prudential Myanmar, and Dr. Thurein Hlaing Win, an author, speaker, and a doctor with extensive experience in the healthcare industry. To learn more about the role of health insurance which can protect your health and your finances, click here to watch the full video.