Introduction Of Health Insurance In India - Mediclaim Policy In India - Health Insurance Coverage - Health Insurance Company In India

Introduction of health insurance in indiaLimited
 Future Generali India Insurance Company Limited
In mid 80’s most of the  hospitals in India wereHDFC General Insurance Company Ltd.
government owned and treatment was free of cost.ICICI Lombard General Insurance Limited.
With the advent of Private Medical Care the  needIFFCO Tokio General Insurance Company Limited
for Health Insurance  was felt and various InsuranceNational Insurance Company Limited
Companies  (New India Assurance, NationalNew India Assurance Company Limited
Insurance Company, Oriental Insurance & UnitedOriental Insurance Company Limited
Insurance Company) introduced Mediclaim InsuranceReliance General Insurance Company Limited
as a product.Royal Sundram Alliance Insurance Company Limited
According to recent news report Health insuranceStar health and Allied Insurance Company Limited
continues to be the fastest growing segment withTATA AIG General Insurance Company Limited.
annual growth rate of 55%. Health Premium has risen(Overseas Health Insurance only)
to Rs. 3300 crores in 2006-2007. As per the recentUnited India Insurance Company Limited
reports from various agencies the Health sector hasUniversal Sompo General Insurance Company Limited
the potential to become a Rs. 25000-crore industryIndia is the only country  where hospitalization
by 2010.insurance policy  was being sold as  Mediclaim
On August 15, 2007 Prime Minister has announced RsInsurance Policies. The very name gives a feeling to
2000 Crores for Health Insurance for poor citizens.the insured that claim has to be lodged. If motor
We foresee that this amount will be partly in form ofinsurance policy is not sold as motor insurance claim
subsidy therefore during calendar year 2008 we canpolicy and household insurance policy is not sold as
expect  Health Insurance premium to touch figure inhousehold claim policy then why this be named as
the range of Rs 10,000 Crores.Mediclaim?
 Health Insurance and Mediclaim are two different
In 2001 with entry of various private Insurancenames for the same product. The change has
companies now the customers have choice of buyingstarted  coming and now we have started calling it
this insurance from 14 Insurance companies.Health Insurance. ICICI Lombard has even named it
The Companies, which offer  Health or Mediclaimas Health Insurance Policy.
Insurance, are;Calling is as Health Insurance is a positive way of
                          looking at this Insurance. It also giving  us a feeling
Apollo DKV Insurance Company Limited.that we as a society have started moving from
Bajaj Allianz General Insurance Company Limitedcurative medical care to preventive medical care.
Cholamandalam MS General Insurance Company