In India, coordination between hospitals and health insurance is a pivotal aspect of the healthcare ecosystem. The country"s healthcare infrastructure includes a wide range of hospitals, from public sector units offering basic health services to private sector hospitals providing specialised care. For most Indians, having health insurance is crucial as it helps manage the high costs of medical treatment in both public and private facilities.
Health insurance in India serves as a financial buffer for families against the high cost of medical care. It is particularly vital in a country where healthcare expenses can often cause financial distress. Most health insurance policies cover a variety of expenses, including hospitalisation, medication, and even pre and post-hospital care, which can be quite comprehensive given the rising cost of medical services.
For potential policyholders, CSR is a vital statistic to consider when selecting an insurer. It not only represents the company"s ability to handle claims efficiently but also gives insights into its operational integrity. Insurers with a consistently high CSR are preferred because they are perceived as more reliable and reassuring for individuals who depend on their health insurance for emergency medical expenses.
First Published: Jun 10, 2024, 15:10
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