ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

COVID-19, Health Insurance and Access to Healthcare

Addressing the COVID-19 pandemic with a robust healthcare system, and effective government intervention with appropriate regulation on private sector, is a more appropriate option than resorting to insurance to cover COVID-19 related care, or healthcare in general.

 

Health insurance business grows on projections of fear and the unknown. The risk from the unknown or unforeseen is the basic principle which in utmost good faith drives people to buy insurance cover to get protection from unknown afflictions in the future that may threaten their healthcare. This is the foundation of health insurance. Until last year COVID-19 was an unknown and yet people afflicted with it who had active insurance policies, and who have been hospitalised, have been denied claims or have received reduced claims. A report (Saraswathy 2021) says that as on 6 February 2021 as many as 8,70,000 COVID-19-related claims worth `13,100 crore were filed but the pay out as yet has been only `6,650 crore.

Health Insurance in India

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Published On : 20th Jan, 2024

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.