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Several players operate in the Indian Health Insurance Industry, which still holds a vast potential for new companies. While the Indian companies have somewhat failed to understand the health insurance needs of Indians, foreign insurance firms are doing quite well in this environment. However, the foreign players are not operating independently in India, and are present only via joint ventures. This has helped them identify the nature of the health insurance market and prepare policies that appeal to the people. In addition, some of the foreign companies announced their plans to enter the Indian arena, with the final thoughts going into the form of penetration that would be most suitable for them.

According to our research report, "Booming Health Insurance in India", health insurance is the second largest segment in the Indian non-life insurance industry. It has picked up pace in previous fiscals, and is set to reach new heights in the coming few years as public and private insurers are coming up with various schemes to cover the untapped insurance market. As per our latest findings, the Indian health insurance industry is one of the most prolific ones in the world. As the healthcare costs and awareness are rising in the country, we expect the segment to grow with gross premiums scaling up at a CAGR of around 32.5% during 2010-11 to 2013-14.

According to the study, health insurance portability is also gaining popularity in India as it allows health insurance policyholders to switch companies while retaining their no-claims benefit. The report also provides an overview of the rural health insurance segment, and expects that the number of uninsured rural households will decrease with time. Various Insurance Regulatory and Development Authority (IRDA) acts and amendments have also been studied to understand the regulatory framework for the industry. The research also looks into profiles of various players in public and private sectors to present the competitive landscape and a balanced outlook of the Indian health insurance industry to clients.

Our report, "Booming Health Insurance in India", provides a deep insight into the Indian health insurance through depiction of its past, present, and future scenario with due consideration given to the effects of global economic crisis on base drivers and opportunities. It also provides comprehensive information on various industry parameters, such as regulatory framework and industry roadblocks. The market scenario, drivers, and trends, and competitive landscape covered in the report would enable clients to understand the market structure and accordingly formulate future growth prospects.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM250.htm

Some of our Related Reports are:

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Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm