Thursday, April 17, 2014

65% Indians Choose Private Insurers For Health Insurance Policies: ASSOCHAM

According to a study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex industry body, about 65 percent of people in India having health insurance policies, prefer to choose private sector health insurers. The public sector insurers have managed to win confident of just 35 percent of the insured people.

However, as per the study titled 'Health Insurance in India: A review,' in terms of premium, the public sector insurance companies account for maximum share of over 61percent.

Releasing the report, ASSOCHAM Secretary General Mr D S Rawat said, “Private voluntary health insurance will continue to grow in terms of covering the non-vulnerable, the middle class and higher income segments of the population that can afford to purchase private health insurance."



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