Health Insurance in India and Abroad

company that he joins, also offers health insurance to its employees.

The premium rates

The premium rates are higher in the USA than in India. One reason for this is that the number of people having health insurance policies in India is comparatively much lesser than in the USA. Hence the premiums in the US become more, as the number of people covered are more, as the standard of living is comparatively high, the paying capacity is more too. Whereas in India, the premium is lower, so as to get more people to buy health insurance and also keeping mind the paying capacity, etc.

Online applications

Moreover, while in India, we still regard personal touch to everything, abroad mostly all formalities are done through the web. From selecting a health insurance plan, to checking out the different plans, to comparing the rates to knowing about the policy exclusions, almost all the information is available online and is given in a systematic way that makes it easy to understand. Although in India, health insurance companies have their websites where you can buy health insurance policy, yet, the numbers of direct online applications are much lower than those done in person.

Regulatory