Page 257 - India Insurance Report 2023- BIMTECH

India Insurance Report - Series II 245

Unlocking The Potentials: Inclusive

Finance & Health Insurance For Better

Healthcare In Bangladesh

- Farzanah Chowdhury
29 Chartered Insurer, Director and CEO,
Green Delta Insurance Company Ltd, Bangladesh

Abstract

Keywords : Financial inclusion, Healthcare access, Health insurance, Financial literacy, Healthcare
affordability, Tele-health services, Inclusive decision-making, Health-seeking behaviour, Preventive
healthcare, Health insurance penetration.

This study explores the intricate relationship between financial inclusion and healthcare access in
the context of households in Dhaka, Tangail, and Meherpur. The research analyses key aspects, including
household profiles, expenditure status, health insurance coverage, and health-seeking behaviour. Findings
reveal limited health insurance penetration, with only 6.1% of households having coverage, and a lack of
awareness about available services. Financial literacy and tailored health insurance products emerge as
potential solutions to address the challenges faced by families. The study highlights the potential of
technology, such as tele-health services, to enhance healthcare accessibility. Additionally, promoting
inclusive decision-making in healthcare and ensuring affordability of treatment costs are crucial steps
towards advancing financial inclusion in the health sector. By addressing these issues, stakeholders can
work towards improving healthcare access and financial security for households in the studied regions.

Acknowledgements

We sincerely thank all individuals and organizations who contributed to this study’s successful
completion. Our heartfelt gratitude goes to the respondents from Dhaka, Tangail, and Meherpur for
their valuable insights and participation. Special thanks to the data collectors and Spreeha Bangladesh
Foundation for their support. We also appreciate the guidance and feedback provided by experts and
specialists, which enriched the findings. Lastly, we acknowledge the continuous support from colleagues,
friends, and family. This study wouldn’t have been possible without the collective efforts of everyone
involved. Thank you all for your contributions and unwavering support.