Third Party Administration In The Provision of In-Patient Health Insurance in India
Since 2000, the insurance industry in India has been liberalised to encourage development of the private insurance sector, and third party administrators have been licensed to handle administration within the healthcare industry. This has opened up the way to design inpatient products that are relevant to the poor, low cost, scalable, effectively managed, and transparent throughout the process.
MicroEnsure has partnered with SHARE Microfin a leading microfinance organisation in India serving over 1,700,000 borrowers; Medicare a Kolkata based third party administrator, and the United India Insurance Company to design and implement an in-patient health insurance product for the India micro market.
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