Medical Insurence
There were numerous government hospitals in India during the mid 80’s and most of these hospitals provided free treatment. But, the situation is quite different presently because of the rise of private healthcare organizations. Hence, Medical Insurance also marked is entry in India. There are several health insurance companies that have brought in Medical Insurance as a product in India. This is one of the fastest growing section were the growth rate is more than 55% in a year. In 2006-2007, the premium of medical insurance was around Rs 3,300 cores and the figure is expected to exceed Rs 25,000 cores by 2010.
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