Customer Preferences in Health Insurance: A Study of LIC & Private Insurance Companies

Prabandh Vol 27, June 2011

6 Pages Posted: 5 May 2014

See all articles by Ravneet Kaur

Ravneet Kaur

Mohanlal Sukhadia (MLS) University

Rajni Arora

Bhupal Nobles Post Graduate (BNPG) College

Dharmesh Motwani

Pacific University (India) - Pacific Business School

Date Written: June 1, 2011

Abstract

Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

Keywords: Health Insurance, Private Insurance

Suggested Citation

Kaur, Ravneet and Arora, Rajni and Motwani, Dharmesh, Customer Preferences in Health Insurance: A Study of LIC & Private Insurance Companies (June 1, 2011). Prabandh Vol 27, June 2011, Available at SSRN: https://ssrn.com/abstract=2432814

Ravneet Kaur

Mohanlal Sukhadia (MLS) University ( email )

University Rd
Rajasthan
Udaipur, Rajasthan 313001
India

Rajni Arora

Bhupal Nobles Post Graduate (BNPG) College ( email )

College road
Udaipur, Rajasthan 313003
India

Dharmesh Motwani (Contact Author)

Pacific University (India) - Pacific Business School ( email )

Pacific Hills, Pratap Nagar Extension
Airport Road
Udaipur, Rajasthan 313003
India

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