A STUDY ON OVERALL GROWTH OF HEALTH INSURANCE IN INDIA

Health Insurance is developing as an alternate financing mechanism for meeting the healthcare need of individuals. The General Insurance Companies providing health insurance have gradually started capturing the market with double digit growth in terms of premium collection. The present study is an attempt to examine the overall growth of health insurance in India and also to establish whether any relationship exists between the amount of premium collection and amount of claim paid by the General Insurance Companies providing health insurance with the help of Pearson Co-relation Coefficient during the study period 2008-2018.