Sector OverviewThe health insurance Sector is one of the most competitive sectors in India today. In a country where less than 15 per cent of population has some form of health insurance coverage, the potential for the health insurance segment remains high. It seems that there is an urgent need to ramp up the health insurance coverage in the country as out-of-pocket payments are still among the highest in the world.
FICCI has been working extensively and pro-actively in the health insurance sector, supported by its National Committee on health insurance. The committee is a multi-stakeholder committee, constituted to provide thought leadership in suggesting policy and regulatory reforms in health insurance sector.