Health insurance in India refers to insurance policies that cover the cost of medical expenses incurred by individuals or families. Designed to provide financial protection against the rising costs of healthcare, these policies offer coverage for hospitalization, surgeries, diagnostic tests, and other medical treatments.
Health insurance in India has gained significant importance due to the increasing prevalence of lifestyle diseases, rising healthcare costs, and the need for quality medical care. It offers individuals and families peace of mind, knowing that they have financial support in case of medical emergencies or unexpected health expenses. Historically, health insurance in India was predominantly offered by public sector insurers, but in recent years, private insurers have also entered the market, providing a wider range of plans and coverage options.