Contact FICCI
Health insurance has tremendous socio-economic significance, and it impacts financial well-being of households. Independent household coverage of health insurance has been very low in India and as a result individuals and households in India pay 63% of all hospitalization cost out of their own pocket and this high out of pocket expense is seen as a major concern. Given the rising medical inflation in the country, health insurance is increasingly being viewed as a mitigating factor.
Health insurance has tremendous socio-economic significance, and it impacts financial well-being of households. Independent household coverage of health insurance has been very low in India and as a result individuals and households in India pay 63% of all hospitalization cost out of their own pocket and this high out of pocket expense is seen as a major concern. Given the rising medical inflation in the country, health insurance is increasingly being viewed as a mitigating factor.
Changes in the demography with rise of aging population in the last decade and the recent pandemic have also brought about a shift in the way health insurance is viewed by the people. While health insurance is being viewed with a lot more focus, yet lack of awareness and right insights about insurance schemes are still major issues facing the consumer.
FICCI, through its Health Insurance Task Force, is working to address the challenges faced by the ecosystem players in delivering health insurance services in the most efficient and cost-effective manner to the consumers. The Health Insurance Task Force works in a collaborative manner to improve consumer awareness, offer better customer experience and make healthcare services affordable for the masses.
The Task Force also focusses on new emerging trends in the industry related to digitisation of operations and other innovative programs that can help make health insurance even more inclusive.
Team Leader
Anshuman Khanna
Assistant Secretary GeneralTimeline
2020
2019
2018
Sep
Press Release
Ongoing COVID challenges, decline in OPD footfalls, and higher cost of consumables continue to cripple Healthcare in India: President, FICCI
Aug
Press Release
Health insurance companies should focus more on disease specific policies: Member (Non-Life), IRDAI
Event
Virtual Health Insurance Conference 2020-Innovation for Bridging the Gap
Mar
Event
12th FICCI Health Insurance Conference: Innovation for Bridging the Gap
Press Release
Reach out to the uninsured and provide standardised and quality services, IRDAI Chairman advises health insurance companies and healthcare providers
May
Press Release
Government to use multiple community-level channels for rolling-out Ayushman Bharat
