The US health insurance companies are tying up with Indian corporate hospitals for flying down patients to the country for treatment in order to cut costs. Wellpoint, the largest health insurance company in the US, and Bluecross Blueshield have joined hands with Apollo Hospitals to treat the US citizens.


Wellpoint and Apollo Hospitals are set to start a pilot project next month to treat the US insurer’s members in Apollo’s hospitals in Delhi and Bangalore, which was approved by the Joint Commission International (JCI), the US-based hospital certifying agency.


Apollo Hospitals president (corporate development) Anil Mani said: “The pilot project will run for 6-12 months.” The Wellpoint’s website says it has around 35 million members. In other words, one in every nine Americans is affiliated with the company.


Apollo, the country’s largest hospital chain, was in discussions with Wellpoint for around two years. Mr Mani said that it has also tied up with another health insurance firm, Companion Healthcare, the South Carolina subsidiary of another leading US insurance company BlueCross Blueshield.


Similarly, Wockhardt Hospital, which tied up with Companion Healthcare last month, hopes to ink similar deals with the other US health insures to treat the insured citizens. Wockhardt Hospitals CEO Vishal Bali said, “Wellpoint has already completed assessment of Wockhardt Hospitals. We are also in talks with few other health insurance companies and exploring the possibility of expanding our tie-up with Bluecross Blueshield to other US states.”



Health Insurance Companies in india

TAGS:
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Technorati
  • del.icio.us
  • StumbleUpon
  • Reddit
  • Fark
  • Slashdot
  • NewsVine
  • BlinkList
  • Netvouz
  • Furl
  • MisterWong
  • DZone
  • Ma.gnolia
  • TailRank
  • Simpy
  • blogmarks
  • Blue Dot


Comments:
4 Comments posted on "Is global recession in US a boomtime for Indian health insurers?"
Mansi on December 15th, 2008 at 11:32 am #

Yes, apollodkv has launched health insurance in India. They offer travel insurance, accident insurance and health insurance in affordable rates.


Raju Sreerekha on January 24th, 2009 at 11:15 am #

Today, health insurance become one of most important things in very body life. Lot of people does not have knowledge & benefits of health insurance. Insurance company’s should educate people by adds and other electronic media and today i think less than 1% of people are utilising the benefits of medical insurance. Health insurance companys should reduce preiums and should try cover lower middle class amd lower class people from where it gets good amount of business. Health insurance should include all types of disease like teeth, ear and nose treatement.


autopsy video on January 30th, 2009 at 12:50 pm #

thank you very much for your effort


Knee Surgery India on February 4th, 2009 at 8:02 am #

I live in Florida where there is a huge disparity between the median income & the median price
of a house. Property taxes have tripled in the last 3 years & so has insurance. Two of my
neighbors have lost jobs in the past 3 months, along with my husband that was recently layed off
3 weeks ago. For me we are in a recession here already in Florida. The legislature can not
get any real reform i.e spending cutbacks because they have gotten used to living large & they
don’t want to cut back.


Post a comment
Name: 
Email: 
Comments: