A COMPARATIVE ANALYSIS OF LIQUIDITY OF PUBLIC AND PRIVATE SECTOR HEALTH INSURANCE COMPANIES IN INDIA
Author(s): Muskan Goyal, Dr. Dileep Singh
Publication #: 2407017
Date of Publication: 08.07.2024
Country: India
Pages: 1-7
Published In: Volume 10 Issue 4 July-2024
Abstract
The health insurance market in India is one of the fastest growing divisions of the insurance business, but there are a number of challenges that insurance companies, policyholders, third-party administrators, hospitals, and other stakeholders are facing. Insurance companies in India have higher claim pay-out percentages, however Indian clients are less conversant with basic health insurance concepts. To sustain a healthy growth rate, health insurance companies must improve the service they give to their subscribers. As a result, the goal of this study is to analyze the financial performance and liquidity of public and private sector health insurance organizations in India. United India Insurance corporation Limited, a public-sector corporation, and Apollo Munich Health Insurance firm Limited, a private-sector firm, both want to improve their liquidity. As a result, liquid plays an important role in the smooth operation of these firms and achieving payment deadlines.
Keywords: Financial Performance, Public and Private sector companies, Liquidity, health insurance etc.
Download/View Count: 210
Share this Article