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The Health
Wallet Case
Overview of Income and Expense Composition Of India
India’s Per Capita Income
**Total Budget available if all
the savings are used for Health
With an average monthly wage of Rs 32,800 (USD 437), India has been ranked a
lowly 72nd among 106 countries, surveyed by Picodi.com, an international e-
commerce platform.
Reality Of Health Expenditure of an Indian
Average Medical Expenditure in Hospitals
36.40%
4.20%
43%
8.30%
1.70% 4.40% 2%
Major source of financing the
hospitalization expenses.
Household Income/Savings
Salary
Borrowing
Contribution From Friends &
Relatives
Sale of Assets
Insurance
Other Sources
52%
22%
10%
6% 5%
3% 3%
0%
10%
20%
30%
40%
50%
60%
Medicines Private Hospitals Medical & Diagnostic
Labs
Patient
Transportation &
Emergency
Private Clinics Government
Hospitals
Others
The Health Expenses are in different
domains including Medicinal Cost,
Private Hospitals, Medical Labs,
Private Clinics , Emergency Costs etc.
One Stop Solution To Health Monitoring & Expenses
Health Wallet – A Modern Day Saathi
• High Insurance Premiums and Exponential Costs Of
medi-care have become very Common in these new
times.
• How about thinking of a personal SAATHI that will help
you in monitoring your Daily Activities like Running,
Workout and Planning your Health expenses like never
Before!
• Yes, this is all possible at one place i.e. HEALTH WALLET-
A Modern Day Saathi.
What Your SAATHI has for you!
 Record Your Health data and Monitor Your Physical
Activities.
 Get Specialized Diet Chart and Best Recommended
Health tips with All New AI Powered Technology.
 One stop solution to all your Health related issues
and queries.
 Connect with Medi-Experts and avail Diagnostic Test
at just one click Appointment.
 Manage Your Health Expenses all at one place with
advice from Your SAATHI!
 Financial Premium Benefits for all your Wallet Money
and Plans.
My Plan Info
A centralized location with current medical
insurance plan design information, real-time
deductible-utilization.
User Engagement
Receive important reminders about plan
updates, benefit changes, feature updates
and tips on how to access cost-effective and
convenient healthcare whenever you need it.
 Get Personalize Health &
Diet Counsellor.
 Search for any prescription to
see what the pharmacies
around you are charging for
the drug.
 Unlimited access to a national network of
licensed doctors via telephone or video chat,
who can help to diagnose and even prescribe in
real-time directly from your mobile device.
What Your SAATHI has for you!
Market To be Discovered….
 A vast majority of Rural and Urban People don’t
have enough health expenditure when needed
the most during Emergency.
 This is the situation where SAATHI Will Come To
the Rescue!
 Providing Personalized Insurance plans as per
the Salary insights using AI Technology.
 760 Mn People in india have access to
smartphones so targeting the market
through ads, owned media channels will
trigger the effect.
 This market is only going to be Increased as
no. of smartphone users in India.
Age Group 25-32 yrs
Average Salary Per Month Rs.48611.166
Basic Health Plan Expense Monthly Rs.6500
Medicare Facility Yearly Rs.2000
Total Basic Medical Expense Rs.8500
56% Indians still don’t have a health cover
Only 44% of the 1.3 billion people in India
have a health Insurance policy as of 2017,
according to a report by actuarial and
consulting firm Milliman, titled ‘Indian Life and
Health Insurance Sectors’.
Market To be Discovered….
• To Capture the market with the new offerings ,SAATHI has
all the benefits to go with.
• The Target Group of initial Earning Youth acts as a premium
threshold to capture as this age is more digital aligned.
• Premium gets on increasing with age so in order to Produce
Maximum Profit an ideal generation is to be targeted. .
Digital
Health
Wallet
1.Blood Bank
2.Personalized and
well executed Plans
3.High Incurred Ratio.
1.Search Healthcare
2.Diagnostic Labs
3.Prescription
1.Medical Records
2.Insurance
3.Wallet Interest
Prices.
10
THANK YOU
Shubham Sharma
9990022415

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Health Wallet Case Study.pptx

  • 2. Overview of Income and Expense Composition Of India India’s Per Capita Income **Total Budget available if all the savings are used for Health With an average monthly wage of Rs 32,800 (USD 437), India has been ranked a lowly 72nd among 106 countries, surveyed by Picodi.com, an international e- commerce platform.
  • 3. Reality Of Health Expenditure of an Indian Average Medical Expenditure in Hospitals 36.40% 4.20% 43% 8.30% 1.70% 4.40% 2% Major source of financing the hospitalization expenses. Household Income/Savings Salary Borrowing Contribution From Friends & Relatives Sale of Assets Insurance Other Sources 52% 22% 10% 6% 5% 3% 3% 0% 10% 20% 30% 40% 50% 60% Medicines Private Hospitals Medical & Diagnostic Labs Patient Transportation & Emergency Private Clinics Government Hospitals Others The Health Expenses are in different domains including Medicinal Cost, Private Hospitals, Medical Labs, Private Clinics , Emergency Costs etc.
  • 4. One Stop Solution To Health Monitoring & Expenses Health Wallet – A Modern Day Saathi • High Insurance Premiums and Exponential Costs Of medi-care have become very Common in these new times. • How about thinking of a personal SAATHI that will help you in monitoring your Daily Activities like Running, Workout and Planning your Health expenses like never Before! • Yes, this is all possible at one place i.e. HEALTH WALLET- A Modern Day Saathi.
  • 5. What Your SAATHI has for you!  Record Your Health data and Monitor Your Physical Activities.  Get Specialized Diet Chart and Best Recommended Health tips with All New AI Powered Technology.  One stop solution to all your Health related issues and queries.  Connect with Medi-Experts and avail Diagnostic Test at just one click Appointment.  Manage Your Health Expenses all at one place with advice from Your SAATHI!  Financial Premium Benefits for all your Wallet Money and Plans. My Plan Info A centralized location with current medical insurance plan design information, real-time deductible-utilization. User Engagement Receive important reminders about plan updates, benefit changes, feature updates and tips on how to access cost-effective and convenient healthcare whenever you need it.
  • 6.  Get Personalize Health & Diet Counsellor.  Search for any prescription to see what the pharmacies around you are charging for the drug.  Unlimited access to a national network of licensed doctors via telephone or video chat, who can help to diagnose and even prescribe in real-time directly from your mobile device. What Your SAATHI has for you!
  • 7. Market To be Discovered….  A vast majority of Rural and Urban People don’t have enough health expenditure when needed the most during Emergency.  This is the situation where SAATHI Will Come To the Rescue!  Providing Personalized Insurance plans as per the Salary insights using AI Technology.  760 Mn People in india have access to smartphones so targeting the market through ads, owned media channels will trigger the effect.  This market is only going to be Increased as no. of smartphone users in India.
  • 8. Age Group 25-32 yrs Average Salary Per Month Rs.48611.166 Basic Health Plan Expense Monthly Rs.6500 Medicare Facility Yearly Rs.2000 Total Basic Medical Expense Rs.8500 56% Indians still don’t have a health cover Only 44% of the 1.3 billion people in India have a health Insurance policy as of 2017, according to a report by actuarial and consulting firm Milliman, titled ‘Indian Life and Health Insurance Sectors’. Market To be Discovered…. • To Capture the market with the new offerings ,SAATHI has all the benefits to go with. • The Target Group of initial Earning Youth acts as a premium threshold to capture as this age is more digital aligned. • Premium gets on increasing with age so in order to Produce Maximum Profit an ideal generation is to be targeted. .
  • 9. Digital Health Wallet 1.Blood Bank 2.Personalized and well executed Plans 3.High Incurred Ratio. 1.Search Healthcare 2.Diagnostic Labs 3.Prescription 1.Medical Records 2.Insurance 3.Wallet Interest Prices.