Evolution of the Indian Health Insurance Sector: A review
Journal Title: Journal of Management Research and Analysis - Year 2018, Vol 5, Issue 2
Abstract
Health insurance is a mechanism that provides financial coverage for sickness or injury Over the past few decades Indias achievement in terms of health improvement has been remarkable buthealth insurance industry is still way behind many other developing countries This study examines the changes that have taken place in the Indian health insurance industry over a period of time and the issues and challenges the industry faces The study utilized available data from more than 35 researches and relative studies conducted with respect to the health insurance sector Not even a quarter of population in India is covered under any health insurance scheme The penetration rate and expenditure on health insurance has been quite low Penetration rate can be increased by means of microinsurance group insurance government regulations over private sector and more schemes to reach out the rural masses with high competitive and service oriented delivery mechanism However the recent schemes and initiatives by government targeting the rural areas are becoming popular and may prove to be the appropriate way of supporting the society as a whole thereby saving it from the ruinous expenditureKeywords Health insurance Health care system Penetration Evolution of health insurance
Authors and Affiliations
Monica Bhatia, Sachin Mittal, Alok Bansal
Keywords
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- EP ID EP514114
- DOI 10.18231/2394-2770.2018.0017
- Views 110
- Downloads 0
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