Over the past few years, India has achieved several milestone improvements in accessing quality health care services. However, one cannot ignore the fact that the Indian health sector is still facing some tough challenges. Lack of adequate health insurance coverage and high out-of-pocket expenditure are some of the most difficult challenges faced by both the rural and urban populace in India.
Major Challenges of the Health Care System in India
The lack of well-qualified doctors and basic medical infrastructure are some of the major reasons why people are unable to access quality healthcare. Currently, India has only around 10 Lakh qualified doctors to treat the country’s population of 133 Crore people*. To make things worse, only 10% of these doctors work for the public healthcare sector. Additionally, there are around 2 lakh hospitals that are largely concentrated around the cities. However, the fact remains that 70% population of India lives in rural areas where healthcare needs are hardly met. Unquestionably, India is dealing with a healthcare crisis and hence the health care industry needs to focus on making healthcare more affordable and easily accessible to the masses. The per capita insurance expenditure on healthcare in India is the lowest in the world. More than 75% of Indians are not insured*. Given the inadequate healthcare coverage, people are forced to bear health-related expenses from their own pocket.
The Way Forward
The Indian Healthcare Industry is one of the fastest growing sectors and is expected to bloom into a $280 billion industry by 2020. Businesses in the healthcare industry are constantly exploring different ways that will help them strengthen the medical services delivery to a greater proportion of the population.
The Government is making serious efforts in the healthcare sector to ensure that people can avail quality healthcare services with ease. Hospitals and other medical centres also need to keep up with the latest technological advancements in treatment procedures to ensure better medical care to the patients. The medical facilities must focus on patient centricity and better healthcare services for all.
Moreover, insurance providers are also doing their best in spreading awareness about the importance of health insurance coverage among the masses. As a leading insurance provider, Bajaj Allianz has launched several health insurance plans which are available on Finserv MARKETS that can cover the healthcare expenses of a family at affordable premium rates. The availability of medical insurance at affordable rates ensures that the common people get access to quality health care without worrying about paying hefty hospital bills.
At Finserv MARKETS, you can buy family health insurance plans that offer a wide coverage at a reasonable premium amounts. So if you don’t have health insurance yet, buy a Bajaj Allianz mediclaim policy online from Finserv MARKETS and secure quality healthcare for yourself and your loved ones without worrying about the finances.
On the other hand, if you are not satisfied with the services offered by your current insurance provider, you can avail the health insurance portability facility and switch to Bajaj Allianz’s health insurance plan.
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