India’s Health Insurance Crisis: What’s Causing Mistrust & Why It Matters

At the India@100 Summit, Dr Ashutosh Raghuvanshi I MD & CEO, Fortis Healthcare discuss the deep-rooted mistrust between patients, hospitals, and insurance providers. High premiums, low payouts, and the lack of compulsory health insurance are leading to adverse selection and systemic challenges. Drawing parallels with models like Obamacare, the discussion highlights the urgent need for innovative and inclusive insurance solutions tailored to India’s 1.4 billion population. With just 2% of GDP spent on healthcare, is it time for bold reforms?