Authors : H. Hussain
Page Nos : 129-131
Description :
Population health status is seen as an important economic development indicator for the Indian economy. Health services have a significant impact on individuals and communities’ social welfare is an important part of the politics and economy of the country. The percentage of India’s national budget allocated to the health sector remains one of the worlds lowest, and spending on health care is mostly out of pocket. At present, efforts are being made to expand health insurance coverage as one way to address health disparities and reduce the costs of catastrophic health care.
In this review, we document reasons for the rising need of health insurance amid the global pandemic and its impact on the growth of the health insurance industry. We briefly highlight difficulties faced by individuals and the health insurance industry specifically during the pandemic. We argue that public awareness and understanding of insurance and its utilization for the treatment of Covid 19 patients requires more lucidity.
