Evolution of Health Insurance in India Over a Decapod


  • Praveen Balraj Student, Christ (Deemed to be University), Bangalore, Karnataka, India
  • jeena jiji Student, Christ (Deemed to be University), Bangalore, Karnataka, India
  • Dr. Shaeril Michael Almeida Associate Professor, Christ (Deemed to be University), Bangalore, Karnataka, India




covid-19, demand, customization


Health insurance has seen a rapid growth in the Indian market over the last decade. The number of health insurance companies operating in India has increased from around 20 in 2014 to over 50 in 2023. Covid-19 pandemic has led to the integration of telemedicine into health insurance policies. Digitalization has played a major role in the evolution of the industry. On the one hand, it led to an increase in demand for health insurance products and higher premiums. On the other hand, it also led to an increase in claims and a greater emphasis on preventive care and mental health coverage. Profitability of the industry increased during the pandemic, as the higher premiums outweighed the increased claims. In addition, the pandemic led to several positive changes in the industry, such as an increased focus on telemedicine and preventive care. As healthcare and insurance industries further intertwine with technological advancements, the future holds the promise of even greater accessibility, customization, and affordability in health insurance coverage, ensuring that more Indians can access quality healthcare when they need it most.


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How to Cite

Balraj, P., jeena jiji, & Dr. Shaeril Michael Almeida. (2024). Evolution of Health Insurance in India Over a Decapod. Applied Science and Engineering Journal for Advanced Research, 3(2), 72–74. https://doi.org/10.5281/zenodo.10976630