Google Search
Healthinsuranceindia Web
Health Insurance Home Insurance Author Author Insurance Hospitals Hospitals India Insurance FAQ FAQs Disclaimer Insurance Disclaimer Acknowlegde Insurance Acknowledgement Insurance Quote Get Quote Insurance Query Query Insurance Feedback Feedback Contact Insurance Contact Us Insurance Blog Blog Health Insurance
Various health insurance companies who provide insurance in India. Get free health insurance quote today from best health insurance companies in India for your entire family insurance plans Get Cashless medical insurance hospitalizaton form most of insurance companies plan Free medical treatment during hospitalization Peace of mind with health insurance policy
For Comparative Insurance Quote: Om Plaza, 430/7, 1st Floor, Sant Nagar, East of Kailash, New Delhi-65
Phone: 011-41324957, 41623784, Mob:+91-8447757651 & 53 Email: ria1@surekhae.com
Blog - www.healthinsuranceindia.org
 
Go to Main Blog Page
    Should health insurance be made compulsory?
The infant mortality rate in India is 10 times that in UK; it is also far higher than whole host of other developing countries (four times that of Sri Lanka, for example). A vast majority of deaths are preventable even with our present level of income. Other key health indicators, particularly maternal mortality and nutrition are equally distressing. Amongst children below five in India, 46% are under-nourished, 36% stunted and 22% wasted. Imagine the impact on each affected family, the depth of the unnecessary human tragedy, beyond the cold statistics.
The magnitude of health crisis has not got the recognition it deserves. Civil society organizations too have not been able to mobilize widespread public awareness. There is a need of an action plan on healthcare.
Government is looking for alternatives, and people will like to go for private facilities even though they cannot afford the cost. For the poor, sickness is not just a matter of physical ill-being but also has a deep and long-lasting economic impact and productivity loss to the nation. It also affects GDP of the country.
Indian model of healthcare has largely been a private-insurance based one and as costs of healthcare will increase so the insurance premium will also increase whether we like or not.
While the insurance industry is capitalizing on unmet demand and we also have large number of patients through conventional healthcare facilities, there is also a huge potential for technological solutions.
The government needs to leverage the new possibilities and integrate them into a comprehensive healthcare system, rather than stepping back and leaving things only to market forces.
The government has done a wonderful job by bringing in RSBY for the benefit of poor people who in the recent past could not afford health insurance policies on their own.
We feel Health Insurance should be made compulsory at least for the senior citizens which will also give a boost to the insurance industry.
The idea is 18 months will be given for all who are 60 + to get the policy issued. Wide publicity will be given to popularize this concept. Assume Rs 2000 per person is given as subsidy for first 2 years.
Let us assume 200 Lakhs senior citizens avail the offer and Rs 6000 is the premium then Indian insurance industry will get additional revenue of Rs. 12,000 crores.
The present figure of Rs 6600 crores going up by Rs 12000 crores will take the Health Insurance Industry to new heights and we are sure the portfolio will become profitable as at present only those who are expecting to lodge claims buy insurance. This will give boost to GDP, health care infrastructure and employment to large number of doctors/nurses,technicians,IT personnel.
Let us try to push this idea and improve the health of our health insurance industry. Your comments will be appreciated.
         
 
Get Best Health Insurance Quotes
*
*
*
*
*
To eliminate spam, please add these numbers together before you submit:
8 + 7 = *
  
* required
Health Isurance
Health Insurance Toll Free Number
Health Insurance Family Floater Insurance Senior Citizen Insurance Senior Citizen Mediclaim RIA Insurance Website Sitemap Health Insurance RSS
Best View at 1024x768 Resolution
© 2013 Ria Insurance Brokers Pvt. Ltd. (An IRDA approved Insurance Broker in India)