Healthcare statistics show that condition of health insurance in India is very poor, as only $2 billion of healthcare expenditure is financed out of $40 billion. It shows that majority of people in India pays medical expenses from their pockets. If it continues, it will become very difficult for uninsured individuals to seek quality medical treatment over next few years.
In order to improve this situation, every health insurance company needs to take pains in spreading awareness regarding the importance of health insurance among the masses. Medical care providers along with Government and Regulator should take steps in educating people about the increasing medical costs and its impact.
Thus, every health insurance company should identify healthcare needs of people and design products accordingly. People should understand the need of these plans and should buy the same to make medical treatment easy. Financial cover at the time of medical exigency is much helpful.
There are several health insurance products brought by various health insurance providers.
Apollo Munich Health Insurance is one of them that is well known for offering best-in-class coverage. It is the first provider in India to bring the most extensive product, Maxima that offer all-round cover.
In order to improve this situation, every health insurance company needs to take pains in spreading awareness regarding the importance of health insurance among the masses. Medical care providers along with Government and Regulator should take steps in educating people about the increasing medical costs and its impact.
Thus, every health insurance company should identify healthcare needs of people and design products accordingly. People should understand the need of these plans and should buy the same to make medical treatment easy. Financial cover at the time of medical exigency is much helpful.
There are several health insurance products brought by various health insurance providers.
Apollo Munich Health Insurance is one of them that is well known for offering best-in-class coverage. It is the first provider in India to bring the most extensive product, Maxima that offer all-round cover.
Many good efforts are being made by providers like Apollo Munich but still there is a long way to go as this is still a new field.
ReplyDeleteVery true. And it should be a joint effort.
ReplyDeleteThe awareness level is definitely increasing, thanks to work like that of Apollo Munich.
ReplyDeleteGood post. Effort definitely needs to be made.
ReplyDelete