1Research Scholar, Department of Studies in Economics and Co-Operation, University of Mysore, Manasagangothri, Mysuru, Karnataka State, India
2Research Scholar, Department of Studies in Economics and Co-Operation, University of Mysore, Manasagangothri, Mysuru, Karnataka State, India
Online published on 20 February, 2017.
Government supported insurance schemes are a form of social security in India. These schemes are initiated by the Government to provide protection to certain sections of population against income losses. In India, a number of Government supported insurance schemes have been initiated over the last two decades. The coverage of beneficiaries under most of the insurance schemes appears to be low. In a number of schemes, the share of beneficiaries covered in the targeted population is less than 20 per cent. The basic philosophy of FINISH (Financial Inclusion Improves Sanitation and Health) program is that financial incentives in the form of terms of credit and preferential access to health insurance can be used to stimulate demand for sanitation. And if access to finance could be provided to the financially excluded, the awareness drives for health and sanitation. With this background by using secondary data this study provides an overview of the nature of Health insurance schemes, analyzes different aspects of their performance and the factors affecting them. Further, this study also highlights expenditure commitment of Government of India on the Health insurance schemes, and discusses issues related to the design and implementation of these health insurance schemes.
Financial Inclusion, Inclusive Growth, Insurance policies, Health
