Health insurance business trends in India: An overview
Dr. Naveen Kumar
Medicare or medical costs are rising year on year. As a matter of fact, inflation in Medicare is higher than inflation in food and other articles. One way to provide for health related/medical emergencies is by taking health insurance. With health insurance, you are assured of a more secure future both health-wise and money-wise. In this paper an attempt has been made to gain and insight into the concept of health insurance and its types. Growth trends of health insurance in India during last five years i.e. 2013-14 to 2017-18 have been analysed. For this purpose health insurance premium trends, class-wise classification of health insurance premium, number of persons covered under health insurance, sector-wise and class of business-wise net incurred claim ratio under health insurance has been analysed.