Health insurance is now emerging as a tool to manage financial needs of people to seek health services. Health Insurance is a part of Personal Insurance and General Insurance. Today, various health insurance schemes are available in the market and providing benefits from an individual to an entire family. The medical insurance or mediclaim policy is very well known in India. There are numerous 1companies in India that provide low-cost medical insurance packages. Non-life insurers' gross premiums written in India increased to US$ 24.41 billion in FY21 (April 2020 to February 2021) from US$ 24.55 billion in FY20 (April 2019 to February 2020), owing to high growth from general insurers. Present paper tries to present the health insurance scenario and some of the issues related to the health insurance sector in India.
Key words: Health Insurance, Health Care, Insurance Regulatory and Development Authority
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