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India is a country with one of the lowest health insurance penetration, with only 18% of people in urban areas and 14% in rural areas covered under any kind of health insurance scheme. [9] One of the main reasons for the low penetration and coverage of health insurance is the lack of competition in the sector.
Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY; lit. ' Prime Minister's People's Health Scheme ', Ayushman Bharat PM-JAY lit. ' Live Long India Prime Minister's People's Health Scheme '), also colloquially known as Modicare, [2] [3] is a national public health insurance scheme of the Government of India that aims to provide free access to health insurance coverage for low income ...
Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co. Ltd. Private Mumbai: 2008 16: Future Generali India Life Insurance Co. Ltd. Private Mumbai: 2007 17: Ageas Federal Life ...
A list of countries by health insurance coverage. The table lists the percentage of the total population covered by total public and primary private health insurance, by government/social health insurance, and by primary private health insurance, including 34 members of Organisation for Economic Co-operation and Development (OECD) member countries.
Insurance on demand (also IoD) is an insurance service that provides clients with insurance protection when they need, i.e. only episodic rather than on 24/7 basis as typically provided by traditional insurers (e.g. clients can purchase an insurance for one single flight rather than a longer-lasting travel insurance plan).
According to the National Health Accounts report, the total expenditure on health care as a proportion of GDP in 2018 was 3.2%. [8] Out of 3.2%, the governmental health expenditure as a proportion of GDP is just 2%, [9] and the out-of-pocket expenditure as a proportion of the current health expenditure was 42.06% in 2019 while expenditure of the government and health insurance funds increased ...
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