• Health insurance in India has helped in providing financial protection to citizens against the high costs of healthcare services, which has increased the affordability and accessibility of healthcare services.
• It has led to a rise in healthcare demand, which has in turn boosted the growth of the health sector.
• Health insurance companies work closely with hospitals and healthcare providers to offer cashless facilities to customers. This partnership has led to the development of healthcare infrastructure in the country.
• Health insurance companies also offer preventive healthcare services to their policyholders in the form of wellness programs and health check-ups. This has helped create awareness about healthcare among citizens, and has led to a healthier and more informed population.
• Health insurance has also encouraged the development of new healthcare technologies, as insurance companies are always looking for ways to provide the best possible healthcare services to their policyholders.
• For Civil Service aspirants, understanding the importance of health insurance and its impact on the health sector can be a significant advantage. As future public servants, they would be responsible for implementing policies and programs to improve the health sector, and a deep understanding of health insurance would be invaluable in this process.