This book presents the first comprehensive review of all major government-supported health insurance schemes in India and their potential for contributing to the achievement of universal coverage in India are discussed.
Handbook of International Insurance: Between Global Dynamics and Local Contingencies analyzes key trends in the insurance industry in more than 15 important national insurance markets that represent over 90 percent of world insurance premiums. Well-known academics from Europe, the Americas and Asia examine their own national insurance markets, including the competitive structure, product and service innovations, and regulatory developments. The book provides academics and executives with an unprecedented range of information about today’s insurance markets. This book also provides important 'new' information on the evolution of the financial sector worldwide and comprehensive chapters on reinsurance, Lloyd’s of London, alternative risk transfer, South and East Asian insurance markets, and European insurance markets. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization.
After a long period of a monopolistic environment, the insurance sector in India was opened to private participation with the enactment of the Insurance Regulatory and Development Authority Act, 1999. Since then, the number of participants operating in life insurance, general insurance, and reinsurance, in both the public and private sectors, has increased. The opening up has augured well for the sector which has witnessed introduction of new products in recent years. In the field of life insurance, a wider choice is presently available to the customers, with products being tailor-made to the needs of the insured. Reforms have created competition in the insurance sector and given the customers a wide choice, not only in the matter of insurance companies, but also in terms of insurance products. However, the impact of increased competition is yet to be felt on insurance penetration. With banks having already been allowed to undertake insurance business, the bancassurance market has also come up in a big way. This book deals with life insurance business in India, focusing on recent reforms in this sector.
Life Insurance in India: Opportunities, Challenges and Strategic Perspective is the first book on life insurance in the current context of globalization and economic reforms and traces the interdependence of life insurance and macro economic factors. It focuses on structural change, market potential and emerging challenges for the Indian Life Insurance industry and also covers the global life insurance industry, regulatory regime, and market friendly practices abroad. Thus it provides a powerful insight into emerging trends in the life insurance industry as a whole.
Many Americans believe that people who lack health insurance somehow get the care they really need. Care Without Coverage examines the real consequences for adults who lack health insurance. The study presents findings in the areas of prevention and screening, cancer, chronic illness, hospital-based care, and general health status. The committee looked at the consequences of being uninsured for people suffering from cancer, diabetes, HIV infection and AIDS, heart and kidney disease, mental illness, traumatic injuries, and heart attacks. It focused on the roughly 30 million-one in seven-working-age Americans without health insurance. This group does not include the population over 65 that is covered by Medicare or the nearly 10 million children who are uninsured in this country. The main findings of the report are that working-age Americans without health insurance are more likely to receive too little medical care and receive it too late; be sicker and die sooner; and receive poorer care when they are in the hospital, even for acute situations like a motor vehicle crash.
Insurance is perhaps the most effective device for managing ‘risk,’ which is a pervasive phenomenon in our lives. We can sometimes avoid or reduce it but never entirely eliminate it. Whether you are a Graduate student who is studying insurance as a part of your curriculum, or an Executive managing your Organization’s Insurance and Risk Management Program this book will provide you with a strong conceptual foundation, comprehensive knowledge of non-life and life insurance products, and perspectives on how insurance functions as a part of the economy. Essentially, you will understand ‘why’ it is needed, ‘what’ solutions it provides, and ‘how’ different business processes and professionals work together to deliver the vital compensation to victims of disasters. Organized in 18 chapters that are comprehensive yet brief, it continuously relates facts to theories, concepts to processes, events to their context, and the rule-of-thumb to underlying basic principles. Thus, insurance will be demystified, and you will be empowered to decode ‘insurance speak.’
Over the past twenty years, many low- and middle-income countries have experimented with health insurance options. While their plans have varied widely in scale and ambition, their goals are the same: to make health services more affordable through the use of public subsidies while also moving care providers partially or fully into competitive markets. Colombia embarked in 1993 on a fifteen-year effort to cover its entire population with insurance, in combination with greater freedom to choose among providers. A decade later Mexico followed suit with a program tailored to its federal system. Several African nations have introduced new programs in the past decade, and many are testing options for reform. For the past twenty years, Eastern Europe has been shifting from government-run care to insurance-based competitive systems, and both China and India have experimental programs to expand coverage. These nations are betting that insurance-based health care financing can increase the accessibility of services, increase providers' productivity, and change the population's health care use patterns, mirroring the development of health systems in most OECD countries. Until now, however, we have known little about the actual effects of these dramatic policy changes. Understanding the impact of health insurance–based care is key to the public policy debate of whether to extend insurance to low-income populations—and if so, how to do it—or to serve them through other means. Using recent household data, this book presents evidence of the impact of insurance programs in China, Colombia, Costa Rica, Ghana, Indonesia, Namibia, and Peru. The contributors also discuss potential design improvements that could increase impact. They provide innovative insights on improving the evaluation of health insurance reforms and on building a robust knowledge base to guide policy as other countries tackle the health insurance challenge.
Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.
Enter the realm of financial security and peace of mind with "Mediclaim and Health Insurance" by Kshitij Patukale. Prepare to navigate the complex world of healthcare coverage with confidence and clarity as you embark on a journey to safeguard your well-being and that of your loved ones. Join Kshitij Patukale as he demystifies the intricacies of mediclaim and health insurance, empowering readers to make informed decisions about their healthcare needs. Through Patukale's accessible language and comprehensive guidance, readers gain invaluable insights into the importance of insurance planning and risk management in today's uncertain world. Explore the underlying themes of financial security, risk mitigation, and proactive healthcare management that resonate throughout "Mediclaim and Health Insurance." Patukale's expertise shines through as he delves into the nuances of policy coverage, premium calculation, and claim settlement processes, providing readers with the knowledge they need to navigate the insurance landscape with confidence. Dive into practical tips and strategies for optimizing your healthcare coverage and maximizing the benefits of your insurance policies. Patukale offers actionable advice on selecting the right insurance plans, understanding policy exclusions, and leveraging preventive care services to maintain optimal health and well-being. The overall tone and mood of "Mediclaim and Health Insurance" are imbued with a sense of empowerment and reassurance, assuring readers that they have the tools and resources they need to protect themselves and their families against unforeseen medical expenses. Since its publication, "Mediclaim and Health Insurance" has garnered acclaim for its practical insights and actionable guidance, becoming a trusted resource for individuals seeking to navigate the complexities of healthcare financing. Its straightforward approach and real-world examples make it essential reading for anyone interested in securing their financial future. As you immerse yourself in the pages of "Mediclaim and Health Insurance," you'll find yourself empowered to take control of your healthcare journey and make informed decisions about your insurance coverage. Patukale's expertise and guidance offer peace of mind in an uncertain world, ensuring that you and your loved ones are protected against life's unexpected twists and turns. In conclusion, "Mediclaim and Health Insurance" is more than just a book—it's a roadmap to financial security and peace of mind in an increasingly complex healthcare landscape. Whether you're a seasoned insurance professional or a newcomer to the world of healthcare coverage, Patukale's book offers invaluable insights that will guide you on your journey to wellness. Don't miss your chance to safeguard your financial future and protect your loved ones' well-being. Order your copy of "Mediclaim and Health Insurance" today and embark on a journey to financial security and peace of mind.