Abstract:

In terms of employment and revenue, the Indian health care industry is the largest. For the fiscal year 2020, the Indian government will devote 1.2% of GDP to the health care sector. There are different new plans are presented by the money serve in the spending plan 2018. The insurance density is determined by the premium to GDP ratio. In the current Covid 19 pandemic scenario, health insurance is essential. The market for health insurance in India is very small, only covering about 10% of the population. There is no out-of-pocket expense associated with health insurance, which is typically provided by employers through mutual contributions. In any case, India personal consumption is most noteworthy contrast and China, Russia and South Africa. Age is one of the most important factors that affect the premium amount, as are past medical and history, occupation, policy duration, body mass index, geographical habits, the type of plan and the type of choose, and other factors

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