Organisation:
Qonect
Location:
Churachandpur, Manipur
Problem:
62% of the Indian Population accounts for spending money out of their own pocket to meet the high cost of medical expenses. This is so as they do not have health insurance and ease of access to finance medical emergencies.
Low & middle-class families have financial constrain for medical emergencies as they do not have the means to trim for an emergency fund.
Solution:
The Qonect platform offers instant discounts that reduce the cost of medical expenses and offers instant access to funding to ease the financial constraint of medical emergency expenses.
Qonect has a Free Digital Health Card that offers an instant discount on medical expenses, and an instant loan for a medical emergency with an instant turnaround time to ease the financial constraints to meet medical emergency expenditure.
Scalability and Impact:
Currently, Qonect has 5731 users, and 223 Network hospitals & partners.
Financial Requirements:
NA
Awards and Recognition:
NA