Bank Of Maharashtra Unveils ‘Mahashakti’ Cancer Coverage Program With ManipalCigna

Bank of Maharashtra and ManipalCigna health insurance have jointly unveiled ‘Mahashakti’, a women's cancer coverage program which is crafted to cater to Bank of Maharashtra’s customers, offering comprehensive coverage for the treatment of ovarian cancer, breast cancer and cervical cancer. 

Several studies show that India has witnessed a significant increase in the incidence of women's cancer, including breast, ovarian and cervical cancer. Factors such as lifestyle changes, environmental factors and genetic predisposition contribute to the rising prevalence of these diseases.

Moreover, the cost of cancer treatment continues to soar, placing immense financial strain on individuals and families. The burden of medical expenses often leads to delayed or inadequate treatment, exacerbating the health outcomes for women battling cancer.

Thus, to help take away the financial burdens of its customers and for greater peace of mind before unexpected illness strikes.

Asheesh Pandey, Executive Director of Bank of Maharashtra said “The ‘Mahashakti' represents more than just a health insurance cover; it embodies empowerment, resilience, and a lifeline of support for Bank of Maharashtra’s women clientele during times of medical uncertainty. With the tailormade women cancer coverage program in partnership with ManipalCigna Health Insurance, we aim to not only alleviate the financial burden associated with cancer treatment but also to empower women to combat health challenges effectively.”

By opting for comprehensive healthcare financing solutions, women can ease the financial strain of medical expenses and navigate the recovery process with greater peace of mind. In today's day and age, it is crucial to explore holistic financing options to ensure optimal treatment and alleviate financial burdens associated with hospitalisation.

Shashank Chaphekar, Chief Distribution Officer, ManipalCigna Health Insurance said, “As we witness an alarming rise in cancer cases among women in India, the importance of specialised health insurance coverage cannot be overstated. With medical expenses escalating rapidly, Mahashakti- a women's cancer coverage program aims to ensure access to quality healthcare without the burden of financial constraints."