[11“Insurance
Technology: 11 Innovation Ideas to Transform Insurance Company
| AltexSoft.”]
7.Conclusion
India, a nation with generally created economy and a significant white
collar class populace, offers most appropriate condition for the
advancement of government and private medical coverage. At present, just
a minor job is played by private medical coverage in human services
framework yet it is step by step picking up significance. Private
medical coverage is absolutely not by any means the only other option or
a definitive arrangement that can manage disturbing social insurance
challenges in India. In any case, it is a choice that is firmly being
supported and getting developing thought by our nation’s strategy
creators. In this manner, the inquiry isn’t if this apparatus will be
utilized later on however whether it will be applied to the best of its
capability to address the developing and approaching needs of the
medicinal services arrangement of the nation. The fundamental test is to
see that poor and the feeble are profited as far as better inclusion
(both inpatient and out-patient) and wellbeing administrations at lower
costs without negative parts of cost increment and abuse of techniques
and innovation in arrangement of social insurance.
A critical challenge in years to come is how to address competitive
dynamics between private and public realms, so that public sector
facilities are not stripped of resources that are given to the private
sector as subsidies, and so that the ability of public clinics and
hospitals to retain skilled healthcare workers is not compromised,
especially as both types of systems attempt to coexist in the healthcare
delivery environment of low- and middle-income countries. These findings
are consistent with earlier findings of an “infrastructure inequality
trap” in some countries, in which government funding is increasingly
attracted towards private hospitals and away from the public sector
hospitals. This occurs when private patients can afford to pay for
greater infrastructure at private hospitals. Those hospitals then report
greater “absorptive capacity” for future funds, and higher numbers of
healthcare personnel, thereby attracting more funding from government
institutions, shifting budgets away from public sector facilities that
struggle to maintain human and physical infrastructure.
References
1. “Health Insurance.” In Wikipedia , December 24, 2019.
https://en.wikipedia.org/w/index.php?title=Health_insurance&oldid=932185937.
2. “Life Insurance vs Medical Insurance: What’s The Difference?”
Accessed January 4, 2020.
https://www.comparehero.my/insurance/articles/difference-between-life-insurance-and-medical-insurance.
3. “Private Health Insurance Act 2007.” Accessed January 3, 2020.
https://www.legislation.gov.au/Details/C2019C00126.
4. Ilangovan, Kumar. “HEALTH INSURANCE IN INDIA: THE ROLE OF PUBLIC AND
PRIVATE HEALTH INSURANCE PROVIDERS,” 2014.
5. https://www.outlookindia.com/outlookmoney/. “Types Of Health
Insurance Plans In India.” Accessed January 4, 2020.
https://www.outlookindia.com/outlookmoney/insurance/types-of-health-insurance-plans-in-india-2973.
6. “National Health Insurance Schemes | National Health Portal
Of India.” Accessed January 4, 2020.
https://www.nhp.gov.in/national-health-insurance-schemes_pg.
7. “India’s Government Launches a Vast Health-Insurance Scheme -
Modicare.” Accessed January 4, 2020.
https://www.economist.com/asia/2018/09/27/indias-government-launches-a-vast-health-insurance-scheme.
8. “Top 5 Health Insurance Plans in India You May Consider -
Moneycontrol.Com.” Accessed January 4, 2020.
https://www.moneycontrol.com/news/business/personal-finance/top-5-health-insurance-plans-in-india-you-may-consider-2524403.html.
9. “Private Health Insurance Companies | National Health
Portal Of India.” Accessed January 4, 2020.
https://www.nhp.gov.in/private-health-insurance-schemes_pg.
11. GIBL.IN. “Health Insurance:Online Medical Insurance Plans in India
2019.” Accessed January 4, 2020. https://www.gibl.in/health-insurance/.
12. “Public Awareness and Knowledge of the National Health Insurance in
South Africa.” Accessed January 4, 2020.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4646437/.
13. “Healthcare in India.” In Wikipedia , December 30, 2019.
https://en.wikipedia.org/w/index.php?title=Healthcare_in_India&oldid=933241252
14. Oyekale, Abayomi Samuel. “Factors Influencing Households’
Willingness to Pay for National Health Insurance Scheme (NHIS) in Osun
State, Nigeria.” Studies on Ethno-Medicine 6, no. 3 (December 1,
2012): 167–72. https://doi.org/10.1080/09735070.2012.11886435.
16. Aggarwal, Aanchal, Nupur Kapoor, and Anchal Gupta. “Health
Insurance: Innovation and Challenges Ahead.” Health Insurance ,
n.d., 6.
17. Townsend, Mike. “Eleven Ideas For Healthcare Innovation.” Medium,
January 22, 2018.
https://tincture.io/eleven-ideas-for-healthcare-innovation-461d70b21fe6.
18. “Insurance Technology: 11 Innovation Ideas to Transform Insurance
Company | AltexSoft.” Accessed January 4, 2020.
https://www.altexsoft.com/blog/finance/insurance-technology-7-disruptive-ideas-to-transform-traditional-insurance-company/.