Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study

Health and Health Insurance are the major concerns with which everyone is dealing in the present environment. In India, there is an increase in healthcare service perception. It gives a good opportunity for the healthcare industry to expand. There is an enlargement of health insurance in terms of ‘d...

Full description

Bibliographic Details
Main Authors: Dr. Harpreet Singh, Dr. D. D. Chaturvedi
Format: Article
Language:English
Published: Ramanujan College, University of Delhi, Delhi, India 2022-07-01
Series:Ramanujan International Journal of Business and Research
Subjects:
Online Access:https://rijbr.in/1/article/view/583/233
_version_ 1797627517512712192
author Dr. Harpreet Singh
Dr. D. D. Chaturvedi
author_facet Dr. Harpreet Singh
Dr. D. D. Chaturvedi
author_sort Dr. Harpreet Singh
collection DOAJ
description Health and Health Insurance are the major concerns with which everyone is dealing in the present environment. In India, there is an increase in healthcare service perception. It gives a good opportunity for the healthcare industry to expand. There is an enlargement of health insurance in terms of ‘dimensions’ and ‘mechanism’ in order to give economic aid for services of health care to the patients, physicians, employers, insurance companies, pharmaceutical firms, and government. The main aim behind the expansion of health insurance schemes through healthcare reforms in the country is to reduce the poverty. A sample of 230 consumers of health insurance with different age groups and occupations were surveyed with the help of a standard questionnaire and random sampling to know their perceptions regarding health insurance. T-test, ANOVA, and Post Hoc test were applied to get the appropriate results. It has been found that there is a significant difference between males and females in their perceptions regarding health insurance. It is also seen that there is a significant difference in the perceptions regarding health insurance among the consumers belonging to different age groups and with different occupations
first_indexed 2024-03-11T10:25:25Z
format Article
id doaj.art-1da2808f2f5f4bc09252218deabe1cb5
institution Directory Open Access Journal
issn 2455-5959
2583-0171
language English
last_indexed 2024-03-11T10:25:25Z
publishDate 2022-07-01
publisher Ramanujan College, University of Delhi, Delhi, India
record_format Article
series Ramanujan International Journal of Business and Research
spelling doaj.art-1da2808f2f5f4bc09252218deabe1cb52023-11-15T13:59:10ZengRamanujan College, University of Delhi, Delhi, IndiaRamanujan International Journal of Business and Research2455-59592583-01712022-07-01717281https://doi.org/10.51245/rijbr.v7i1.2022.583Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical StudyDr. Harpreet Singh0https://orcid.org/0000-0001-5046-0900Dr. D. D. Chaturvedi1Department of Commerce, Sri Guru Gobind Singh College of Commerce, University of DelhiDepartment of Economics, Sri Guru Gobind Singh College of Commerce, University of DelhiHealth and Health Insurance are the major concerns with which everyone is dealing in the present environment. In India, there is an increase in healthcare service perception. It gives a good opportunity for the healthcare industry to expand. There is an enlargement of health insurance in terms of ‘dimensions’ and ‘mechanism’ in order to give economic aid for services of health care to the patients, physicians, employers, insurance companies, pharmaceutical firms, and government. The main aim behind the expansion of health insurance schemes through healthcare reforms in the country is to reduce the poverty. A sample of 230 consumers of health insurance with different age groups and occupations were surveyed with the help of a standard questionnaire and random sampling to know their perceptions regarding health insurance. T-test, ANOVA, and Post Hoc test were applied to get the appropriate results. It has been found that there is a significant difference between males and females in their perceptions regarding health insurance. It is also seen that there is a significant difference in the perceptions regarding health insurance among the consumers belonging to different age groups and with different occupationshttps://rijbr.in/1/article/view/583/233demographic factorshealth insuranceempirical studyanovapost-hoc
spellingShingle Dr. Harpreet Singh
Dr. D. D. Chaturvedi
Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
Ramanujan International Journal of Business and Research
demographic factors
health insurance
empirical study
anova
post-hoc
title Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
title_full Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
title_fullStr Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
title_full_unstemmed Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
title_short Demographic Factors Determining Consumer Perception Regarding Heath Insurance in India: An Empirical Study
title_sort demographic factors determining consumer perception regarding heath insurance in india an empirical study
topic demographic factors
health insurance
empirical study
anova
post-hoc
url https://rijbr.in/1/article/view/583/233
work_keys_str_mv AT drharpreetsingh demographicfactorsdeterminingconsumerperceptionregardingheathinsuranceinindiaanempiricalstudy
AT drddchaturvedi demographicfactorsdeterminingconsumerperceptionregardingheathinsuranceinindiaanempiricalstudy