India has become a major hub for medical tourism due to several factors like low cost treatments, qualified doctors and high quality hospitals. Several major Indian hospitals have emerged as leading medical tourism providers. Chennai, Delhi, Bangalore and Mumbai are the top destinations for medical tourists. While medical tourism is a booming industry, most Indians cannot afford healthcare costs and end up in debt due to lack of health insurance awareness. There is a need to educate Indians on the importance of health insurance to avoid financial burdens from medical expenses. The government should consider making health insurance compulsory.