THE ROLE OF HEALTH INSURANCE AND MANAGED CARE IN INDIA

By 2022, the Indian healthcare industry is projected to rise to US$ 372 billion, powered by increased revenue, enhanced health literacy, lifestyle diseases and increased access to insurance. The healthcare industry is a significant and developing research context that can be defined by a strong emphasis on individualized products and a distinguished need for a variety of dispersed supply chain players to collaborate. The ever-rising cost of health care, combined with the need for health care services, the lack of convenient access to affordable health care for people from low-income groups have contributed to the rise of health insurance as an alternate method for funding health care. This article attempts a scoping review of literature on Indian health insurance and the major topics discussed in those articles. Review of the developments and the issues in the Indian insurance industry would enable a clearer understanding of the current level of research and the future directions which is the motivation for the study.