Mr P C Reddy , chairman of the Apollo hospitals group, told the Financial Chronicle, that "our country has 16% of the world's population, 18% of the world's mortality and yet our public expenditure on health has been stagnant at 1%of the GDP."
A huge percentage of the Indian population still needs to be educated about the importance of Health Insurance. And thus, health insurance industry has a huge potential yet to be tapped.
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