According to a World Bank Study in 2011, health spending is one of the leading causes of poverty in India, with around 63 million individuals (11.9 million households) pushed to below the poverty line by healthcare expenditures in 2004. For as the quality and standard of care rises, so do the expenses of the average patient. A sustainable health insurance system is absolutely critical.

HEALTH INSURANCE - It is cover taken by an individual to address any unexpected financial obligation on health of self or family. The quantum of cover should be based on an individuals earnings & not based on any other matrix. Cost of cover is 1/10(per annum) of cost of a smart phone.
	Most ignored & overlooked of all insurance is Health Insurance, the reason
	I’m young & that’s for elderly people
	I'm Healthy…………why insure
	My family doesn't have any hereditary diseases

Let us be the ones who say we do not accept that a child dies every three seconds simply because he does not have the drugs you and I have. Let us be the ones to say we are not satisfied that your place of birth determines your right for life. Let us be outraged, let us be loud, let us be bold. -- Brad Pitt

NEED FOR CHANGE

Until 2001, there were four main health insurance companies in India (United India, Oriental, National and New India) – all government owned, and all based on business models in which “health” represented only a small fraction of focus and revenue. But now there is not one segment offering health insurance, but three; general insurance, life insurance and “health-only” insurance. Efforts are taken to consolidate data across stakeholders and transformed into accurate, actionable information and customer-focused products.

Health insurance is insurance against the risk of incurring medical expenses among individuals. It is a coverage that provides for the payments of benefits as a result of sickness or injury. Includes insurance for losses from accident, medical expense, disability, or accidental death

In simple terms, health insurance can be defined as a contract where an individual or group purchases in advance health coverage by paying a fee called “premium”. Health insurance refers to a wide variety of policies. These range from policies that cover the cost of doctors and hospitals to those that meet a specific need, such as paying for long term care.

By estimating the overall risk of health care and health system expenses, an insurance provider can develop a routine finance structure, such as a monthly premium to help the insurer choose the health care plan and thereby avail the health care benefits specified in the insurance agreement.

The appearance of a disease is swift as an arrow; its disappearance slow, like a thread. -- Chinese Proverb