Lok Sabha Question No. 2934 (UNSTARRED), answered on 2018-12-28
Subject: Health Insurance Cover
Ministry: FINANCE
Asked by: HARI BABU KAMBHAMPATI, BANSHILAL MAHTO

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 2934

TO BE ANSWERED ON FRIDAY, DECEMBER 28, 2018/ PAUSHA 7, 1940 (SAKA)

## Health Insurance Cover

2934. DR. KAMBHAMPATI HARIBABU:

DR. BANSHILAL MAHATO:

Will the Minister of FINANCE be pleased to state:

- (a) the number of people covered under medical insurance in the country along with the details of companies providing medical insurance, State/ Company-wise;
- (b) whether the Government is considering to increase health insurance cover by removal of disincentives on health insurance like tax rate cuts etc. and if so, the details thereof;
- (c) whether health insurance policy holder can port his policy to any other insurer without making any change into the premium outgo and if so, the details thereof; and
- (d) the time by which such medical insurance portability is likely to be implemented?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

- (a): The details are given in Annexure-I
- (b) Presently, there is no disincentive on Health Insurance Premium under the Income-tax Act,  1961.  The  payment  towards  Health  Insurance  Premium  is  incentivized  by  way  of deduction under section 80D of the Act.
- (c) & (d): A policyholder may port the health insurance policy of one company to the other. However, the premium rates are product specific and company specific may differ from product to product and company to company. The portability option was introduced vide IRDAI circular reference IRDA/HLT/MISC/CIR/030/02/2011 dated 10th February 2011.

All  health  insurance  policies  issued  by  General  and  Health  Insurers  shall  be  subject  to portability norms specified in Schedule-1 of IRDAI (Health Insurance) Regulations, 2016.

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## ANNEXURE- I REFERRED TO IN PART (a) OF LOK SABHA UNSTARRED QUESTION NO. 2934 FOR ANSWER ON DECEMBER 28, 2018.

Insurer wise no. of persons covered under Health Insurance Business (excluding Travel -Domestic/

## Overseas and Personal Accident) for the FY 2017-18.

| Name of the Insurance Company               | No. of Persons (in Lakhs)   |
|---------------------------------------------|-----------------------------|
| Acko General Insurance Ltd.                 | 0                           |
| Bajaj Allianz General Insurance Co. Ltd.    | 115.15                      |
| Bharti AXA General Insurance Co. Ltd.       | 3.85                        |
| Cholamandalam MS General Insurance Co. Ltd. | 18.55                       |
| DHFL General Insurance Limited              | 0.62                        |
| Edelweiss General Insurance Company Limited | 0.00035                     |
| Future Generali India Insurance Co. Ltd.    | 62.84                       |
| Go Digit General Insurance Ltd.             | -                           |
| HDFC ERGO General Insurance Co. Ltd.        | 23.83                       |
| ICICI Lombard General Insurance Co. Ltd.    | 105.85                      |
| IFFCO Tokio General Insurance Co. Ltd.      | 203.90                      |
| Kotak Mahindra General Insurance Co. Ltd.   | 0.71                        |
| Liberty General Insurance Co. Ltd.          | 5.52                        |
| Magma HDI General Insurance Co. Ltd.        | 0.52                        |
| Raheja QBE General Insurance Co. Ltd.       | 0.19                        |
| Reliance General Insurance Co. Ltd.         | 245.16                      |
| Royal Sundaram General Insurance Co. Ltd.   | 10.81                       |
| SBI General Insurance Co. Ltd.              | 51.88                       |
| Shriram General Insurance Co. Ltd.          | 0.00006                     |
| Tata AIG General Insurance Co. Ltd.         | 8.25                        |
| Universal Sompo General Insurance Co. Ltd.  | 10.15                       |
| Private Total                               | 867.61                      |
| National Insurance Co. Ltd.                 | 1422.13                     |
| The New India Assurance Co. Ltd.            | 801.12                      |
| The Oriental Insurance Co. Ltd.             | 161.58                      |
| United India Insurance Co. Ltd.             | 1378.24                     |
| Public Total                                | 3763.07                     |
| Aditya Birla Health insurance Co. Limited   | 7.39                        |
| Apollo Munich Health Insurance Co. Ltd.     | 34.30                       |
| CignaTTK Health Insurance Co. Ltd.          | 6                           |
| Max Bupa Health Insurance Co. Ltd.          | 24.9                        |
| Religare Health Insurance Co. Ltd.          | 26.18                       |
| Star Health and Allied Insurance Co. Ltd.   | 90.4                        |
| Stand Alone Health Total                    | 189.18                      |
| Grand Total                                 | 4819.86                     |

State wise no. of persons covered under Health Insurance Business (excluding Travel & Personal Accident Business) for 2017-18.

| State/ UT   | No. of Persons (in Lakhs)   |
|-------------|-----------------------------|

| Andhra Pradesh        |   34.13 |
|-----------------------|---------|
| Arunachal Pradesh     |    6.12 |
| Assam                 |    3.96 |
| Bihar                 |    3.86 |
| Chhattisgarh          |  204.86 |
| Goa                   |   26.2  |
| Gujarat               |  230.11 |
| Haryana               |   58.75 |
| Himachal Pradesh      |   16.13 |
| Jammu & Kashmir       |    0.79 |
| Jharkhand             |    3.76 |
| Karnataka             |  385.46 |
| Kerala                |  176.02 |
| Madhya Pradesh        |   18.03 |
| Maharashtra           | 1500.12 |
| Manipur               |    2.19 |
| Meghalaya             |    7.55 |
| Mizoram               |    0.02 |
| Nagaland              |    0.21 |
| Orissa                |  319.36 |
| Punjab                |   93.86 |
| Rajasthan             |  346.91 |
| Sikkim                |    0.08 |
| Tamil Nadu            |  741.29 |
| Telangana             |   55.19 |
| Tripura               |    0.61 |
| Uttar Pradesh         |   46.84 |
| Uttarakhand           |    4.26 |
| West Bengal           |  440.19 |
| Andaman & Nicobar Is. |    0.03 |
| Chandigarh            |    2.35 |
| Dadra & Nagar Haveli  |    3.44 |
| Daman & Diu           |    2.52 |
| Delhi                 |   83.61 |
| Lakshadweep           |    0.36 |
| Puducherry            |    0.68 |
| Total                 | 4819.86 |