Research Article | Open Access
A Study on Awareness of Health insurance in North Chennai
Mrs.BH. Padmavathi , Dr.A. Meenakshi
Pages: 2622-2628
Abstract
Health insurance widely known to helps to defer, delay, reduce or avoid payment for health care
incurred by individuals and households. There are lots of companies which have been offering the cheap medical claim
policies in India. This study focuses on to know the awareness level, willingness to avail health insurance and also
through lights on other avenue which preferred for investment. The study was conducted through structured
questionnaire by convenience sampling methods to draw the opinion of the respondents. SPSS16 employed to analyse
the data and percentage, ranking method and ANOVA are used to find the results of the study. The study concludes that
many people are aware of health insurance, their preference to health insurance to reduce financial burden and finally
insurance companies need to find new strategy to attract the people and break the traditional avenues of
investment
Keywords
Health Insurance, Awareness, Avenues of Investment