Volume : IV, Issue : III, March - 2015

Abstract :

The level of health care spending in India currently is considerably higher and more than three–quarters of this spending 

includes private ‘out–of–pocket expenses’. Despite such a high share of expenditure by individuals, the provision of health 
care, that is inadequate in terms of quality and access, is becoming more and more problematic. This highlights the need 
for alternative source of financing health care cost that may be health insurance. This is one of the most growing segment 
of insurance industry. Despite it there are several bottlenecks prominent such as lack of product innovation, low awareness 
among people, high claim paid –out ratio of insurers, inefficiency of Third Party Administrator etc. Some other challenges 
pertain to the demand conditions, competition in the sector, delivery and distribution systems etc. So present study is an 
effort in the area of health insurance to find out its problems and some solutions also.To accomplish the objective, the paper 
has been divided into four oad sections. Section I introduce the health insurance in India and deals with review of the 
work done on health insurance. Section II presents a methodology to work out the problems of health insurance in India. 
Section III explained the problems associated with health insurance business in India. The Section IV concludes the discussion 
along with certain policy implications.

Keywords :

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

, PARIPEX-INDIAN JOURNAL OF RESEARCH : Volume-2 | Issue-3 | March-2013


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