Health insurance is a key contributor to the expansion of the general insurance market in India. It contributes for around 29 percent of total general insurance premium income in India. The expansion of this sector is significant in terms of the overall expansion of the general insurance industry. At the same time, there are several issues in this industry that are harming its performance. Health insurance is an arrangement in which an insurance company undertakes to guarantee pay for medical expenditures if the insured becomes ill or is involved in an accident that requires hospitalisation. In general, insurance firms have agreements with top hospitals to give cashless care to their customers. In the absence of a tie-up with the hospital, the insurance company reimburses the insured's expenditures. The government also encourages health insurance by granting a tax break. The present study gives an insight into the performance of Hyderabad's select Health Insurance Companies.

Health Insurance, underwriting, Economic growth, Insurance premium, general Insurance