Updated on Sep 26, 2022 01:04 IST
Saumya Jain

Saumya JainAssistant Manager- Content

With a rapid increase in the demand for healthcare needs, the Health Insurance sector is undergoing massive changes and restructuring. There is a boost in the growth of the Health Insurance sector and hence the demand for professionals in the Health Insurance domain has also increased. Health Insurance professionals are needed to cater to the increasing demand of the industry. The Health Insurance professionals are exposed to the fundamentals of the Health Insurance industry and are trained to deal with the operational details.

What is Health Insurance Course?

The Health Insurance course teaches about the key components of the healthcare sector and the economics behind their principles and pricing strategies. A Health Insurance is a contract that typically pays for medical, prescription drug and surgical expenses incurred by the insurer. The objective of Health Insurance courses is to provide an insight into the principles and practices of Health Insurance. The course gives a strong foundation on the fundamentals of insurance concepts and the regulatory environment for Health Insurance. It also gives an in-depth understanding of the economics, marketing and operations of Health Insurance. 

The Health Insurance course exposes the students to healthcare policies and the latest healthcare technologies. The course primarily focuses on the healthcare industry and its various departments in public health and healthcare organisations. 

The course, whilst providing an insight into the healthcare industry, also gives an understanding of the working of the industry and enables the students to learn the operational side of the industry viz a viz how is the industry organised as well as key areas such as enrolment, claims and customer services. The course helps the students to delve deeper to specialised areas such as clinical quality, utilization management and pharmacy benefits management. The course also gives the opportunity to take a closer look at the regulatory side including federal and state regulations, ethics and compliance. Students get a chance to examine how health insurance products are priced, marketed and sold. 

Health Insurance Course Eligibility Criteria

The eligibility criteria for the Health Insurance course is as follows:

  • Candidates must have completed their bachelor’s degree in any discipline from a recognised university.
  • Candidate must have scored at least 50 per cent aggregate or equivalent.

Health Insurance Course Skillsets

To be able to succeed in this profession, one must possess the following skills:

  • Analytical skills
  • Good industry knowledge
  • Quick thinking
  • Adaptability
  • Excellent problem-solving skills
  • Active listening
  • Leadership skills
  • Interpersonal skills
  • Decision-making skills
  • Staff management
  • Attention to detail
  • Good communication skills
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Health Insurance Syllabus

Refer to the table below to know the Health Insurance syllabus:

List of Health Insurance Course Syllabus

Fundamentals of Insurance

Principles of Economics

Indian Insurance Industry

General Insurance Practice

Health Insurance

Health Insurance Practice

Health Insurance Marketing and Operations

Risk Management and Insurance

Health Insurance Claims

Human Anatomy

Insurance and Medical Terminology

Legal and Legislative Issues

Types of Health Insurance in India

Various kinds of Health Insurances are offered in India. Check out the table below to know the types of Health Insurance in India.

Types of Health Insurance in India

Individual Health Insurance

Family Floater Health Insurance

Senior Citizen Health Insurance

Group Health Insurance

Health Insurance with Maternity Insurance

Critical Illness

Health Insurance: Scope and Jobs and Salary

The Health Insurance course will help the students build their careers in an ever-growing field of healthcare. The course also offers multiple opportunities to doctors and other healthcare professionals to pursue specialities as Consultants in Health Insurance companies, hospitals and corporate organisations. The course enhances the knowledge and skills in Health Insurance and other concepts which are applicable to the healthcare and insurance industry.

Job Prospects and Salary

Refer to the table below to know the job prospects and salaries of the students who pursue Health Insurance course:

Job Profile

Average Salary in India (in INR)*

Advisor

2.3 LPA

Sales Manager

3.5 LPA

Consultant

2.2 LPA

Insurance Investigator

4.5 LPA

Claims Adjuster

3 LPA

Health Insurance Specialist

6.5 LPA

Head of Operations and Insurance

15 LPA

*the salary data is taken from ambitionbox.com

Health Insurance Top Recruiters

Health Insurance professionals are hired by various top insurance companies in India. Some of these are mentioned in the table below:

List of Health Insurance Top Recrutier

1. National Insurance Co. Ltd.

2. Bajaj Allianz General Insurance Co. Ltd.

3. The New India Assurance Co. Ltd.

4. HDFC Ergo

5. Future Generali India Insurance Co. Ltd.

6. Iffco Tokio

7. The Oriental Insurance Co. Ltd.

8. SBI General Insurance Co. Ltd.

9. Aditya Birla Health Insurance Co. Ltd.

10. MAX Bupa Health Insurance Co. Ltd.

11. Star Health and Allied Insurance Co. Ltd.

12. United India Insurance Co. Ltd.

13. Manipal Cigna Health Insurance Company Limited

14. Care Health Insurance Ltd.

FAQs on Health Insurance

Q: What is Health Insurance?

A: Health Insurance is the kind of insurance which covers medical expenses. The expenses could be related to the hospitalization cost, cost of prescription drugs and/or doctor consulation fees.

Q: Which are the types of Health Insurance in India?

A: There are majorly six kinds of Health Insurances in India, i.e. Individual Health Insurance, Group Health Insurance, Family Floater Health Insurance, Senior Citizen Health Insurance, Health Insurance with Maternity Insurance and Critical Illness.

Q: Who can pursue Health Insurance course in India?

A: Candidates who have completed their graduation from a recognised board and have scored a minimum of 50 percent aggregate or equivalent can pursue the Health Insurance course in India.

Q: Which are the top Health Insurance colleges in India?

A: The top Health Insurance colleges in India include Sukhdev College of Business Studies (DU), Jamnalal Bajaj Institute of Management Studies, Galgotias University, Maharaja Sayajirao University of Baroda, Techno India University, etc.

Q: Can I pursue a certificate course in Health Insurance in India?

A: Yes, various colleges also provide certificate course in Health Insurance in India such as PG Certificate in Banking and Insurance Management, Advanced Certificate in Insurance Management, Certificate in Risk and Insurance Management, etc.

Q: What does a Health Insurance professionals do?

A: Health Insurance professionals can help a client enroll in a Health Insurance plan. They present the plans to the clients according to their needs. They help with medical claims and policies.

Q: What is the average salary of a Health Insurance Specialist in India?

A: The average salary of a Health Insurance Specialist in India is INR 6.5 LPA. As one climbs up the ladder in their career, they are eligible for a higher compensation.

Q: What are the career opportunities after pursuing Health Insurance course?

A: Students who pursue Health Insurance course can opt for career options such as Advisors, Consultant, Health Insurance Specialists, Agents, Claims Adjuster, Insurance Investigator, etc.

Q: Who are the top recruiters for Health Insurance professionals in India?

A: The top recruiters in India include National Insurance Co. Ltd., The New India Assurance Company Ltd., MAX Bupa Health Insurance Co. Ltd., Star Health and Allied Insurance Co. Ltd., etc.

Q: Which are the skillsets required by Health Insurance professionals?

A: Students pursuing the Health Insurance course must have analytical skills, communication skills, strong decision making, adaptability, interpersonal skills, active listening, leadership skills, etc.

Q: What is the future of Health Insurance industry?

A: The Health Insurance industry is expected to grow drastically in the future. The market worth of this industry is already over INR 15 crores.

Popular Health Insurance Colleges in India

Following are the most popular Health Insurance Colleges in India. Learn more about these Health Insurance colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
₹2.95 L - 3.31 L
₹1.9 - 3.2 LPA
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Ranked #3 Private University in India. Placement with Fortune 500 Companies
9 Courses
₹4.23 L - 5.82 L
₹2.4 - 6.2 LPA
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Banking, Finance & Insurance Applications open. Apply Now

3 Courses
₹1.01 L - 13 L
₹9 - 11.59 LPA
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11 Courses
₹3.2 L - 9.6 L
₹3 - 6.15 LPA
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Banking, Finance & Insurance Applications open. Apply Now

1 Course
₹22.2 L
₹20.8 LPA
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5 Courses
₹3.74 L - 16.98 L
₹10.3 LPA
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Popular Private Health Insurance Colleges in India

₹3.6 L - 10.2 L
₹2.1 - 6.6 LPA
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11 Courses
₹3.2 L - 9.6 L
₹3 - 6.15 LPA
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Banking, Finance & Insurance Applications open. Apply Now

₹3.35 L
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3.6
₹4.8 - 7 LPA
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2 Courses
₹14.9 L
₹10 LPA
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Banking, Finance & Insurance Applications open. Apply Now

Popular Health Insurance UG Courses in India

Following are the most popular Health Insurance UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Health Insurance PG Courses in India

Following are the most popular Health Insurance PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

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