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Clinikk, a Bengaluru based health-tech start-up, launches its all-inclusive health subscriptions that will bring down medical cost to zero by integrating health insurance with its high-quality, comprehensive outpatient care delivery model.
The Bengaluru-based health tech start-up is Clinikk is on a mission to transform healthcare and create health equity for the 600 million Indians who are without proper access to quality primary healthcare in today’s day and age.
The company said that it is a one of a kind subscription model, where its subscribers can, walk into any of its 18 primary care centres called Clinikk Health Hubs in Bengaluru which has 16 and Hyderabad 2 units to avail unlimited, high quality medical care with ease. Clinikk network locations have been mapped to ensure that care is reachable within 15 minutes.
Clinikk has raised $6.4 million so far from marquee investors such as MassMutual Ventures, 500 startups, Times Internet and prominent angel investors like Kunal Shah, Rohit MA, Rajan Anandan etc.
As an industry first, Clinikk offers an all- inclusive plan that offers families unlimited access to out-patient care (OPD) care as well as Rs. 5 lakh cashless hospitalization insurance cover, for a monthly subscription fee of just Rs. 500. The insurance cover has been curated specially for Clinikk members by an insurance partner. The subscription also offers round the clock support of either virtually or through Clinikk’s tech-enabled care centres. Besides they are eligible for free diagnostics and medicines prescribed by the doctors.
Clinikk focuses on the “missing middle”- over 600 million Indians who can neither afford private insurance nor are covered by a corporate plan, but aspire for quality private care. Without access to an outcome focused primary care model as well as adequate health protection, this segment falls under the high risk category, staring at catastrophic medical expenses. Currently health insurance options offer limited protection, mostly for hospitalizations alone, putting an inordinate amount of burden on out-of-pocket expenses for out-patient care, forming the major chunk of health expenditure.
“Health protection in India is a product side problem because it only focuses on catastrophic medical expenses arising from hospitalization but not on the recurring day to day medical expenses like consulting with a doctor, or getting blood work done,” said Bhavjot Kaur, co-founder and CEO, Clinikk.
Further, capitalizing on the national Ayushman Bharat Digital Mission (ABDM) infrastructure, Clinikk is working to be able to integrate care data from multiple providers to design personalized care plans for its members and help them avoid medical emergencies to improve outcomes and save costs to patients, insurers and the health ecosystem at large.
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