Undivided Andhra Pradesh records low health insurance premium collection

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Hyderabad | December 25, 2014 8:17 PM

Andhra Pradesh was the only state where health insurance premium collection dipped by over 13 per cent in 2012-13.

Andhra Pradesh was the only state where health insurance premium collection dipped by over 13 per cent in 2012-13, an analysis by industry body Assocham has said.

Health insurance premium collection of erstwhile Andhra Pradesh dipped by over 13 per cent, from about Rs 800 crore in 2009-10 to about Rs 695 crore in 2012-13.

Maharashtra topped the list for collecting highest health insurance premium which grew at a rate of over 76 per cent, from over Rs 2,480 crore in 2009-10 to over Rs 4,370 crore in 2012-13, the report released here today showed.

Tamil Nadu (Rs 1,780 crore) and Karnataka (Rs 1,400 crore) also figured among top states for collecting high health insurance premium in the country.

“The total health insurance premium collection in India has grown at a growth rate of over 88 per cent i.e. from about Rs 7,980 crore to over Rs 15,000 crore during 2009-10 to 2012-13 on the back of several new initiatives to expand coverage to vulnerable poor.

To deepen the benefit coverage taken by the Central and state governments to promote health insurance coverage and spending in the country,” secretary general of ASSOCHAM D S Rawat said while releasing the report here.

In terms of growth rate, Bihar has ranked on top as the health insurance premium collected by the state increased significantly from just about Rs 7 crore in 2009-10 to over Rs 315 crore in 2012-13 at a massive rate of growth, noted the analysis.

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