There has been a rise in the percentage of government health expenditure to 40.6% of the total health expenditure, indicating an increase in public healthcare and social security.

However, there is still a sizable component of out-of-pocket expenditure.

During events of hospitalization, health and medical insurance policies provided by private institutions have contributed to decreasing out-of-pocket expenses.

Till now, a policyholder had to pay from his pocket and get the money spent on treatment reimbursed later, in most cases except those where the insurance company had a tie-up with the hospital.

The “Cashless Everywhere” Initiative will ensure 100% cashless treatment from any hospital provided:

This initiative aims towards frictionless accessibility of the insurance services for the policyholder, decreasing the out-of-expenditure.