Insurance penetration

National Survey of Household Income and Expenditure, a report released by NCAER in collaboration with ICICI Lombard General Insurance, shows that overall 50.9% of the respondents are confident of managing their medical expenditure.

In urban areas it is 64.9% whereas in rural areas it is 44.3%.

Around 28.4% urban Indian families reported that at least one member of the family is covered under some form of health insurance, of which 7.3% is self purchased.

Also, 40.4% urban Indian families reported that at least one member of the family is covered under life insurance.

Around 15% of the households said that at least one member got hospitalized “at least once” in the past one year.

Also See | (PDF)

PDF by Yogesh Kumar/Mint.