AffordPlan, a first-of-its-kind financial technology platform that enables planned healthcare through hospital partners, aims to provide affordable access tomore patient-families by 2021. Affordplan Swasth, their co-branded loyalty card and digital wallet with YES bank, allows hospitals to offer a complete healthcare access to patients, keeping affordability and patient needs at the centre. Affordplan expects to partner with 80% hospitals in most Tier-1 cities by 2021, helping more and more families become a part of the organized healthcare system in India.
Tejbir Singh, Co-Founder and CEO of AffordPlan said, “With household incomes shrinking and expenses growing in these pandemic stricken times, healthcare affordability and access has become important than ever before. With AffordPlan Swasthcard, hospitals can offer financial benefits in less than INR 1 per day to patients and their families. We’ve received an overwhelming response to the loyalty card both by hospitals and patients.Backed by data driven insights and technology, enhanced CRM tools, patient analytics and payment record systems, AffordPlanSwasth loyalty would help hospitals streamline their processes immensely.” Swasth helps hospitals extend a full range of financing and saving solutions to their patients.The platform combines instant savings, exclusive hospital offers, and rewards on shopping. It has in-built easy payment reconciliation, CRM, analytics, and marketing support that helps hospitals streamline processes.
Some of their notable hospital partners includes: Ujala Cygnus, Manas Hospital, Bansal Hospital, Kapoor Medical Centre, Faridabad Medical Centre, Shankar Medicare (Delhi), Sparsh Hospital, Astra Super specialty, Brookfield Hospital, Best Hospital (Bangalore), Aster Prime hospitals (Hyderabad) and Mahavir Maternity, Lifeline Medicare (Mumbai).
With ‘Swasth’ program, patients can enjoy: YES Bank prepaid card and digital wallet for OPD services, lab and medicines, Goal-based EMI savings for all IPD treatments, Complimentary accidental insurance for emergency procedures, Medical loans at 0% interest for elective procedures, Financial benefits in the form of instant cashback and exclusive hospital offers, Exclusive discounts on favorite brands through Affordplan Swasth partner tie-ups etc.
On the other hand, there are benefits to the hospital as well, that includes; Family access through the locked card giving access to more patients per card, Swasth card sales act as a new revenue source for your hospital, Creates advance cash flow and reduces discounting, Drives repeat usage, giving you increased customer lifetime value, Drives cashless and contactless payments with easy spend through QR or swipe machine, and Effectively manages patient analytics and payment records with Swasth CRM etc.