70 Percent Have No Health Insurance in India: Study

by Vanessa Jones on  January 21, 2015 at 12:31 PM Health Insurance News   - G J E 4
In a recent study seventy percent of India's population has no health insurance, and in comparison with the global benchmark the country is short by 2 million beds compared with the global benchmark.
 70 Percent Have No Health Insurance in India: Study
70 Percent Have No Health Insurance in India: Study

The report 'Aarogya Bharat 2015', released by NATHEALTH today, stated that India requires US$ 3 trillion in cumulative funding and has the potential to generate 15 to 20 million jobs by 2025.

NATHEALTH has been created to improve access and quality of healthcare and has leading Healthcare, Medical Technology, Diagnostic service providers and Health Insurance Companies as stakeholders.

This 'while paper' is an effort to drive thought leadership as we move towards a healthier, 'Aarogya' India over the next decade. Total spending on healthcare is expected to reach about 6 percent of GDP by 2025.

"Private insurance is expected to grow at a compounded annual rate of about 25 percent to cover the top 25 percent of the population, by income level. Public insurance will provide essential care to 60 percent of the population by 2025," said Shivinder Mohan Singh, President of NATHEALTH.

"India can adopt universal access to essential healthcare driven by private sector-led provision with the Government playing the role of primary payer and provider in remote and underserved areas," said Anjan Bose, Secretary General of NATHEALTH.

The Government needs to focus on being a payer, not a provider and demand and support quality outcomes, the report stressed.

Source: Press Trust of India

Source: Medindia

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