In today’s world, medical costs have skyrocketed. A lot of people don't know where to start when it comes to saving money on their healthcare.

Do you know what kind of investment would pay off big time if you never had to pay medical expenses? That's why we've put together this list of ideas which you can invest your money. Read on to find out!

‍Invest In Gold

Gold has been a valuable commodity for centuries. It can be used to buy almost anything you can think of. From jewellery and bars to coins, necklaces and rings, gold is a very versatile investment that has been there with us humans since we started thinking about money as a sense of permanence. It's always good to invest in gold because its price always goes up and down depending on the demand and supply of this precious metal.

‍Invest In Mutual Funds

Mutual funds are a great way to invest your money.  If you invest Rs 4000 every month in a SIP, you could see that money grow from 5 lacs to 8 lacs in 10 years. Investment in mutual funds is a great way to build a corpus for the future, and it's surprisingly simple at that. Hence, there is a scope for tremendous growth if you get in early enough. 

‍Invest In A Family Health Plan

You may be wondering why investing in health insurance is such a smart move. With rising medical costs, many people are looking for WAYS to cut down on their expenses. This type of insurance covers everything from routine doctor visits to hospitalisation cover. It also includes discounts on medicines, Lab tests and Scans, wellness sessions, and more. 

Indians spend 80% of their total health expenses out of pocket. An average family is still spending nearly Rs 26,000 out of its pockets on their healthcare bills. And yet, the amount of insurance coverage is not enough to cover hospital bills if you go for minor surgery.

Imagine if you never had to pay that money to hospitals. With Rs 40k saved up in your bank account, you can plan a LOT of things.
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‍Plan Your Dream Vacation

What if I told you that you could take a trip abroad without worrying about the cost? If you have invested in any of the ideas mentioned above, you can easily plan a round trip to Thailand, Singapore, Dubai, or Vietnam, and you can even cover your accommodation for the same amount. 

‍Plan Your Dream Venture

What's your dream business? A gourmet restaurant? A luxury boutique? No matter what your passion, if you're serious about making it your career, you'll need to start by investing money in any of the above-mentioned ideas and can easily invest in your dream venture.  

‍Conclusion

Medical bills can be expensive, especially when you're uninsured. But there are ways to save money in the long run by planning for unexpected costs.
With HealthAssure, you can save money every year. Yep, that’s right. At HealthAssure, we care for your health without making you spend the big bucks on long hospital bills.  

Related: Calculate Your Family's Health Expenses In Less Than 2 Minutes