mobile
7th Health Insurance Summit 2013
HighLights
 
  • Mr M Ramaprasad, Member (Non-Life), Insurance Regulatory and Development Authority, (IRDA), called for evolution of a standard protocol for treatment of various diseases and their costs for spreading Universal Health Coverage (UHC) in India.
  • While addressing CII Health Insurance Summit in the capital today, Mr Ramaprasad said that absence of a standard protocol for treatment has led to lack of uniformity in the cost of treatments. “We have to have a standard protocols In these areas to work out appropriate insurance products that are affordable to consumers and at the same time do not adversely affect the bottom lines of service providers,” he said.   The IRDA is very seriously looking at these issues and at the same time, involvement of all stakeholders is critical to arrive at an optimal matrix, he added.
  • The IRDA member said that health insurance in India has shown an impressive growth in the last 10 years or so going by the number of products introduced and the coverage. But there are challenges to be addressed to in a time bound manner.  In this regard, he underlined the need for introducing short term products at affordable prices in a continuous manner.
  • Mr Ramaprasaid said that with the increased coverage of universal health system, the responsibility of IRDA has considerably increased.  The claims o consumers have to be settled expeditiously since delays in transferring proceeds would affect the faith of the customers in the system. In this regard, he mentioned that some private service providers have already taken positive measures to address the delays in claims and the delivery systems were definitely in a better position than it was before.
  • The IRDA member said that private and public funding should go hand in hand in ushering universal health coverage.  The Governments’ contributions in meeting the health needs have to be clearly spelt out. At the same time, attractive insurance products should be rolled out to take care of that segment of people who could afford to spend money on health needs. He also said that in States like AP, Tamil Nadu and Karnataka, the state is funding the cost of insurance products. But it is debatable whether such models can be applied to other states where there could be budgetary constraints.  He also referred to the infrastructural gaps in the healthcare products and said that IRDA was looking at the grey areas.
  • A Vaidheesh, Chairman, CII Health Insurance Summit, said that there is a need to focus on designing and implementing the framework for consumer awareness on health insurance and to create awareness about common service standards across insurers, providers and other stakeholders involved in healthcare delivery through health insurance.
  • He said that a multi-prong approach to raising awareness about benefits of health insurance is needed to create demand amongst all consumer categories. In addition, consumer perception is also needs to be enhanced by highlighting the millions of claims paid annually. This would all need to be complemented by an even more fundamental and long term education campaign which introduced concepts of risk mitigation and healthcare financing within civic studies and financial literacy of students so that over time the entire population is highly aware  and conversant with all forms of insurance including health insurance.
 
Description

CII organized 7th Health Insurance Summit 2013 with theme “Future of Health Insurance in India: Vision for Development and Better Delivery” on 9 December, 2013 at New Delhi.

 

The Summit focused on how the Future of the Health Insurance will look and emerge in India. What could be the imperatives for development and growth and achieving Universal Health Insurance? How the Industry has to be innovative – in provider payments – aligning incentives, in terms of new design products (Long Term Savings Products) including the discussions/presentations on international examples of evolution of Health Insurance in other parts of the World.

Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
CII MOOTs National Health Regulator for Universal Health Coverage
Evolve Standard Protocols for Treatment of Diseases and Cost for Universal Health Coverage – IRDA Member at CII Health Insurance Summit
Moving Towards Universal Health Coverage in India: Report by CII Working Groups on Health Insurance
Mr Annaswamy Vaidheesh, Chairman, 7th Health Insurance Summit at the Inaugural session of the 7th Health Insurance Summit 2013
Launch of the Report prepared by CII Working Groups on Health Insurance at the Inaugural session of the 7th Health Insurance Summit 2013
Mr M Ramaprasad, Member (Non-Life), Insurance Regulatory and Development Authority at the Inaugural session of the 7th Health Insurance Summit 2013
Mr Krishnan Ramachandran, CEO, Apollo Munich Health Insurance Co. Ltd at the Inaugural session of the 7th Health Insurance Summit 2013
Mr Prashanth Vasu, Partner, McKinsey & Company on “The Future of Provider Payment-Aligning Incentives”
Dr David Muiry, MD (Life & Health), Swiss Re Services Ltd on “The Future of Provider Payment-Aligning Incentives”
Dr Alexander Thomas, Director (CEO), Bangalore Baptist Hospital on “The Future of Provider Payment-Aligning Incentives”
Dr Vikram Chhatwal, Chairman, Medi Assist India TPA Pvt. Ltd on “The Future of Provider Payment-Aligning Incentives”
Mr Antony Jacob, CEO, Apollo Munich Health Insurance Co. Ltd on “The Future of Provider Payment-Aligning Incentives”
Mr Chandra Sekhar, Executive Director, Global Hospitals Group on “The Future of Provider Payment-Aligning Incentives”
An open house discussion on “The Future of Provider Payment-Aligning Incentives”
Mr Prashanth Vasu, Partner, McKinsey & Company on “The Future of Provider Payment-Aligning Incentives”
Mr G Srinivasan, Chairman-Cum-MD, The New India Assurance Co. Ltd on “Universal Healthcare in India-The Way Forward”
Mr Manoj Jhalani, Joint Secretary, Ministry of Health & Family Welfare, Govt of India on “Universal Healthcare in India-The Way Forward"
Mr Sunil Nandraj, Senior Advisor (UHO), Ministry of Health & Family Welfare on “Universal Healthcare in India-The Way Forward”
Mr APV Reddy, President, Apollo Hospitals Hyderabad & Managing Director, FHPL on “Universal Healthcare in India-The Way Forward”
Mr Yogesh Lohiya, MD & CEO, IFFCO TOKIO General Insurance Co. Ltd on “Universal Healthcare in India-The Way Forward”
Dr Nishant Jain, Deputy Programme Director, Indo-German Social Security Programme, GIZ (GmbH) on “Universal Healthcare in India-The Way Forward”
A panel discussion on “Universal Healthcare in India-The Way Forward”
Mr M Ramaprasad, Member (Non-Life), Insurance Regulatory and Development Authority on “Universal Healthcare in India-The Way Forward”
An open house discussion on “Universal Healthcare in India-The Way Forward”
Mr Krishnan Ramachandran, CEO, Apollo Munich Health Insurance Co. Ltd on “The Next Generation Health Insurance Products”
Dr Amarnath Ananthanarayana, MD & CEO, Bharti AXA General Insurance Co. Ltd on “The Next Generation Health Insurance Products”
Mr Manasije Mishra, CEO, Max Bupa Health Insurance Company Ltd on “The Next Generation Health Insurance Products”
Mr K G Krishnamoorty Rao, MD & CEO, Future Generali India Insurance Co. Ltd on “The Next Generation Health Insurance Products”
Mr Nilamadhab Behera, DD (Health), Insurance Regulatory and Development Authority on “The Next Generation Health Insurance Products”
Mr Arvind Laddha, CEO, Vantage Insurance Brokers & Risk Advisors Pvt Ltd on “The Next Generation Health Insurance Products”
An open house discussion on “The Next Generation Health Insurance Products”
Mr Krishnan Ramachandran, CEO, Apollo Munich Health Insurance Co. Ltd on “The Next Generation Health Insurance Products”
Dr Nata Menabde, WHO Representative to India, World Health Organisation on “Evolution of Health Insurance”
A Panel discussion on “Evolution of Health Insurance”
Dr Nata Menabde, WHO Representative to India, World Health Organisation on “Evolution of Health Insurance”
Mr Annaswamy Vaidheesh, Chairman, 7th Health Insurance Summit on “Evolution of Health Insurance”
 
Charges to access Event
 
Participant TypeAmount (in Rs)
Member
3000
NonMember
4000