Annotation This volume views community-based microinsurance as an incremental first step to improved financial protection and better access to health services for the poor. While community-based financing can be structured in various ways, this volume focuses on reinsurance as a mechanism for improving micro-level health insurance units. It outlines strategies and policies that can be applied by countries and donors to improve access to health care services.

Reinsurance Fundamentals is a comprehensive overview of the reinsurance industry and the financial principles that guide it. It is also a penetrating study of real-world reinsurance problems and how to solve them. After an examination of the industry's underpinnings and a brief but fascinating look at its history, author Ross Phifer presents a detailed reinsurance primer. Writing for those familiar with insurance concepts, he offers an in-depth examination of how the reinsurance industry works, explains fundamental ideas, presents practical illustrations of when and how reinsurance arrangements should be considered, and describes the application of reinsurance to speculative financial transactions such as derivatives. Phifer analyzes different types of reinsurance agreements, clause by clause, and supplies thorough explanations of key concepts and their impact on the overall risk transfer. Among the topics discussed are reinsurance cessions, structures, markets, underwriting, proportional pricing, accounting, claims, and contracts. Reinsurance Fundamentals is an invaluable tool for in-house counsel, compliance officers, internal auditors, and risk managers in investment and commercial banking, securities, investment management, mutual funds, and pension fund management. It is also an important resource for corporate financial officers and an excellent reference for insurance underwriters, claims executives, risk managers, and attorneys.

This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

This book aims to help countries design and implement a legal framework for a viable private health insurance market, with rationale for insurance regulation, institutions involved, and standards and protections used in regulating private health insurance.

1.1 Introduction: Over the years plan priorities have changed. In the beginning, they were growth-centric. Now, these have become human-centric. Human development is accorded a prime place; it depends upon Education, Health, and Sanitation. To achieve economic development, human development is most essential, but still, around 270 million i.e. 21.9 percent of people in India are unable to afford major health care facilities and services at the market price. So, Government of India and respective State Governments have made special efforts to solve this problem through the means of government Healthcare Schemes with government funding and Public Private Partnership, to improve Life expectancy and to minimize health related issues like Infant Mortality Rate, Neonatal Mortality Rate, and Maternal Mortality Rate and also to boost the productivity of people to work more and earn more for attaining economic development and growth to build a strong nation.

This book presents the first comprehensive review of all major government-supported health insurance schemes in India and their potential for contributing to the achievement of universal coverage in India are discussed.