| The health insurance sector in the country has just | | | | insurance. Most people pay out-of-pocket. He further |
| begun to grow. Although the growth rate is still slow, | | | | explained the reason for the slow, but steady |
| there are several big players from international | | | | growth of the insurance sector in the country and |
| markets who have found a niche for themselves in | | | | the steps that could be taken to address the same. |
| the Indian market. One such company is Apollo | | | | According to Mr. Antony Jacob, people bought health |
| Munich Health Insurance. | | | | insurance only after an urgent need for treatment or |
| Recently in an Interview with NDTV, CEO, Apollo | | | | healthcare in some form was felt. This is why the |
| Munich Health Insurance, Mr. Antony Jacob, gave his | | | | industry has not been too profitable until now. The |
| views of how the country could develop this sector | | | | health insurance sector should ideally be a mix of the |
| further. He has had over 12 years of experience in | | | | healthy and those who are not-so-healthy. The |
| the insurance sector and that is clear from his views | | | | current trend of healthcare awareness is opening up |
| on the subject. Mr. Antony Jacob gave statistics to | | | | doors for several health insurance providers from |
| enable people to understand the vastness of the | | | | world-over. Indians have begun to accept the |
| health insurance sector. There is a very small | | | | concept of medical insurance policies even when they |
| percentage of the country that is covered by health | | | | are healthy. In his views, Mr. |