Health Insurance Indiaone Of The Main Areas To Be Looked Into
India is still counted in the list of under developing nations. There are many factors that need to be worked upon in order to turn it to a developed nation. Government and the associated bodies should ponder over the concerned areas and should promote various programs to enhance social, cultural and economic conditions of the country.
Health Insurance India is one of the main sectors that need lots of efforts from the associated bodies in order to grow. Statistics show that total healthcare expenditure in country is about $40 billion, out of which only $2 billion is financed by health insurer. These figures show the condition of health insurance in the country is very poor. It shows that majority of the Indian people are paying their medical expenses from their pockets. The difference of $38 billion is not the small figure to be ignored. If the same state continues, it will be very difficult for the people of India to avail quality healthcare, as medical costs are expected to increase tremendously over next few years.
Government should start several programmes, such as RSBY, to educate people about the increasing medical costs and the need of health insurance plans. IRDA should make changes in its guidelines to allow only the right player to enter the health insurance market so that peoples trust can be won and their healthcare need can be quenched. Medical Care providers should also spread awareness among the people about the increasing medical costs.
Above all, the biggest role is to be played by players of health insurance India. Health insurance providers should look into healthcare needs and should come with the innovative ideas to fulfill peoples need so that medical care can be made affordable and accessible. The products designed by them should offer complete health coverage to their customers such that there is no anxiety in the minds of insured individuals for seeking quality medical care.
Apollo Munich Health Insurance, India, a new entrant into this sector, has brought many changes and is continuously working to come up with its innovative ideas in order to offer health coverage to the people of India. The company has adopted a distinctive ideology in designing of its products. They find out peoples health need and then design their new product in order to offer coverage for the same. Thus, they are successful in bring the best-in-class products, which soon become the choice of millions.
Health Insurance India is one of the main sectors that need lots of efforts from the associated bodies in order to grow. Statistics show that total healthcare expenditure in country is about $40 billion, out of which only $2 billion is financed by health insurer. These figures show the condition of health insurance in the country is very poor. It shows that majority of the Indian people are paying their medical expenses from their pockets. The difference of $38 billion is not the small figure to be ignored. If the same state continues, it will be very difficult for the people of India to avail quality healthcare, as medical costs are expected to increase tremendously over next few years.
Government should start several programmes, such as RSBY, to educate people about the increasing medical costs and the need of health insurance plans. IRDA should make changes in its guidelines to allow only the right player to enter the health insurance market so that peoples trust can be won and their healthcare need can be quenched. Medical Care providers should also spread awareness among the people about the increasing medical costs.
Above all, the biggest role is to be played by players of health insurance India. Health insurance providers should look into healthcare needs and should come with the innovative ideas to fulfill peoples need so that medical care can be made affordable and accessible. The products designed by them should offer complete health coverage to their customers such that there is no anxiety in the minds of insured individuals for seeking quality medical care.
Apollo Munich Health Insurance, India, a new entrant into this sector, has brought many changes and is continuously working to come up with its innovative ideas in order to offer health coverage to the people of India. The company has adopted a distinctive ideology in designing of its products. They find out peoples health need and then design their new product in order to offer coverage for the same. Thus, they are successful in bring the best-in-class products, which soon become the choice of millions.
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