In the short term perspective health insurance industry is expected to grow at a rate of 25% annually till 2010, while in the long term, it is expected to grow at a rate of 5% annually thereafter.
“IRDA expects the health insurance business to be the second-largest premium earner for insurance companies after motor insurance within the next three years”
[This article was published in the January 2008 issue of the eGov Magazine (http://www.egovonline.net) ]
Growth of health insurance increases the need for standardisation, regulation, interoperability and information exchange.
