https://www.taxtmi.com/article/detailed?id=835 Health insurance is the foundational element of retirement financial planning because hospitalization can rapidly erode retirement savings; many retirees lack employer medical benefits and insurers frequently impose upper entry and renewal age limits that limit cover for persons entering after about age 60-65. Government measures encourage mediclaim offerings for seniors and provide tax deductions for premiums (with enhanced deductions when parents are covered and additional relief for older parents), creating an incentive to secure health cover before finalising other investment allocations. en-us Mon, 21 Jun 2010 17:54:48 +0530 Thu, 24 Jun 2010 21:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=835 Health insurance is the foundational element of retirement financial planning because hospitalization can rapidly erode retirement savings; many retirees lack employer medical benefits and insurers frequently impose upper entry and renewal age limits that limit cover for persons entering after about age 60-65. Government measures encourage mediclaim offerings for seniors and provide tax deductions for premiums (with enhanced deductions when parents are covered and additional relief for older parents), creating an incentive to secure health cover before finalising other investment allocations. Articles Wealth Tax Mon, 21 Jun 2010 17:54:48 +0530 https://www.taxtmi.com/article/detailed?id=835