Cigna TTK health insurance on Tuesday came out with the Cigna 360° Well-being score, where India leads the well-being score with 72.8 compared to 10 other countries. The report also says 53% of Indians are not prepared for any large unexpected medical expenses.
The Cigna 360° Well-being score is designed to take an annual and holistic look at health and well-being of people across the country. The study is based on five key indices — physical, social, family, financial and workplace well-being, providing an overall score measuring consumers’ perceptions. Ipsos conducted an independent study in 10 Indian cities with a sample size of 3,021 respondents.
“We are committed to our Indian customers by offering world-class individual health care services and well-being solutions. The score helps us to better understand our customers’ personal perceptions about total health and well-being at a regional level,” Jason Sadler, president of Cigna International Markets, said.
In the country-wise list, India is followed by China and Indonesia, in the second and third positions, respectively.
The findings from the United Nations and the European Union suggest that happiness is a U-shaped curve with the middle age group (40+) being least happy as compared to the young and old. However, India seems to deviate from the usual “happiness U-curve”. The 60+ Indian generation seems to feel the bulk of the strain where the overall well-being score drops (35%).
Commenting on the survey, Sandeep Patel, managing director & chief executive officer of Cigna TTK Health Insurance said, “At Cigna TTK Health Insurance, we believe in partnering our customers in illness and in wellness. We will leverage insights from the Cigna 360° Well-being study to create customised health insurance solutions and services that are simple, easy to access, affordable and provide a sense of security for our customers. This study supports our overarching strategy of delivering a differentiated value proposition to help our customers live healthier and happier lives.” Senior officials added that, Cigna will be looking at increasing the stake in the joint venture soon.