NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, August 24, 2017

With a network of over 2 lakh (200,000) hospitals, diagnostics and pathology labs, Oxxy Healthcare has stepped into providing medical loans to all its existing as well as potential users. Till now Oxxy has facilitated affordable solutions to over 1.5 crore people so far. Oxxy is valued at $2.7 billion, the highest a start-up achieved in three years.

Medical loans can be availed on submission of a credible income proof and are presently utilized for elective surgeries.

In a country where a majority of poor and middle class households do not have a safety net for tackling health expenses, Oxxy has offered a bouquet of services to have affordable options for its customer base, starting from getting them up to 50% discount on medical expenses to getting all the medical expenditure to be paid in easy monthly installments.

Photo courtesy of Peter Haden.