EXPLORING THE STRUCTURE OF HEALTH INSURANCE IN INDIA AND THE PREFERENCE OF GOVERNMENT AND PRIVATE HEALTH INSURANCE SCHEMES BY POLICYHOLDERS

World economies are marching towards Universal Health Coverage (UHC) andThe Government of India is constantly ensuring to provide economical Health Insurance schemes for the people.The country has the World's largest Government Subsidised Health Insurance schemes.However, the amount of population utilising the insurance provided by The Government is less due to lack of awareness.The paper studies the structure of Government Schemes and Private schemes for Health Insurance.In the context, the study analyses the responses of a set of 124 policyholders in regard to their preference of Government and Private health insurance schemes.Majority of the respondents preferred Private health insurance schemes over Government schemes.The reason for not choosing Government schemes were stated as lack of eligibility and lack of interest.Those already having a private insurance did not opt to take a government scheme additionally.