This document summarizes a student's research project on health insurance and its need. It includes an introduction defining health insurance, a research methodology section describing primary data collection through questionnaires and online sources, a literature review of existing research on peoples' satisfaction with health insurance, findings that only 27% of people surveyed were interested in health insurance while most preferred life insurance, and a conclusion that health insurance is important but not well understood and more education is needed given its importance was highlighted by COVID-19.

1. SUBMITTED TO - MR VIVEK VERMA
SUBMITTED BY - HEMANT KUMAR
MBA 1 YEAR (2019-21)
HEALTH INSURANCE AND ITS NEED IN HUMAN
LIFE

2. LIST OF CONTENTS
• 1- INTRODUCTION
• 2- RESEARCH METHODOLOGY
• 3- LITERATURE REVIEW
• 4- FINDINGS
• 5-CONCLUSION
• 6- REFERENCE

3. INTRODUCTION..
• WHAT IS HEALTH INSURANCE ?
• Health Insurance is a type of insurance that offers
financial coverage for medical expenses, in case of
a medical emergency. A health insurance
plan provides insurance coverage to the insured with
multiple benefits, including cashless hospitalization, day-
care facility & coverage for terminal & critical illness etc.

4. HEALTH INSURANCE NEED

5. 2- RESEARCH METHODOLOGY
- THE DATA WAS COLLECTED FROM PRIMARY SOURCES BY questionnaire
• THROUGH PUBLIC OPNINON AND VARIOUS RESEARCH
• Primary data is a type of data that is collected by researchers
directly from main sources through interviews, surveys, experiments,
etc.
• To achieve this objective some extracts have been from exiting literature available
on various sites of internet.

6. LITERATURE REVIEW
• Health insurance is very well known service provide by many company in India or
worldwide.
• Information about the health insurance and it could be found on the HI website.
• Discussing related research about health insurance and its need ‘peoples are very
happy and satisfy to HI’.
• Health insurance is a security of health and its provide tax benefit , cashless
services , free medical care , etc.

7. FINDINGS
• I find based on my research only some peoples have health insurance.
• Some peoples are not interested in health insurance. They are interested in life
insurance.
• I find based on public opinion lots of peoples wants services medical allowances
in health insurance.
• Only 27 % people interested in health insurance and 73% are not interested
according to my research.
• Peoples wants life insurance , they believe in life insurance not health insurance.

8. CONCLUSION
• HI is and its need is very important in human life.Based on my research only
minimum peoples have health insurance. They don’t know what is heath
insurance only minimum peoples known this. They know only life insurance and
they believe on it. Only Some peoples wants health insurance and they wants
many facility related to health. Some peoples happy to heath insurance .
• This is very bed in my area peoples don’t know HI. In covid-19 situation peoples
don’t have HI. so sad .
• Only 27% peoples have heath insurance in my survey in covid –19 condition in my
research.

9. REFERENCE
• https://www.policybazaar.com/health-insurance/health-insurance-
india/#:~:text=Health%20Insurance%20is%20a%20type,for%20terminal%20%26%
20critical%20illness%20etc.
• QUESTIONNAIRE