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Healthcare in India
India's constitution guarantees free healthcare for all its citizens. All government hospitals are required to provide free of cost healthcarefacilities

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Healthcare in India

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India 's constitution guarantees free healthcare for all its citizens. [1]  All government hospitals are required to provide free of cost healthcare facilities to the patients. [1]  Each district headquarters in most states have one or more Government hospitals where everything from diagnosis to medicine is given for free. Most experts agree that building on these Government and public healthcare units across the nation is crucial to India's future while private insurance is probably not conducive to India's conditions. [2]  The private healthcare sector is responsible for the majority of  healthcare in India . Most healthcare expenses are paid out of pocket by patients and their families, rather than through insurance. [3]  In fact, recent world health statistics have indicated that India has the highest out of pocket private healthcare costs for families, among many other comparable developing nations including Pakistan, Sri Lanka, and Mexico. [3]  Penet...
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Who Needs Health Insurance?

Everyone should be covered by some form of health insurance. People are always vulnerable to injury and illnesses from their everyday activities. Whether it is an individual plan or employer- or government-sponsored coverage, having health insurance is better than not having it at all. Millions of indians are uninsured in part due to high premium costs. Many are forced to pay these high health costs out of pocket, which can create more problems medically and financially. Benefits:- Having health insurance gives the insured the opportunity to seek medical attention when they get injured or come down with an illness without footing the entire cost. Health insurance provides the insured a means to receive preventive care that can maintain or improve their health. The insured are likely to find major problems such as diabetes and all forms of cancer in their early stages and get medical care by having routine medical physicals that are covered by their insurance.
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Classified Insurance

Insurance companies often underwrite policies for a variety of different risk classes. In the case of life insurance, for example, the insurer may provide coverage to healthy individuals, considering this group a low risk because they are less likely to die - an event which results in a claim being made against the policy. As a result, the insurer is more likely to offer the policy to healthy individuals at a lower premium. On the other end of the risk spectrum, the insurer may provide coverage to less healthy individuals but charge a higher premium. Classified insurance is provided to individuals with substandard risk profiles, meaning that the policyholder is more likely to be involved in an event that could result in a claim being filed. In order to protect itself from known medical conditions, such as heart disease, the insurer may deny coverage. This exclusion is stated in the insurance contract. Alternatively, the insurer may provide reduced benefits for the condition. In gen...
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