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India Insurance Report - Series II 261

Recommendations

Improve Health Insurance Penetration : Develop affordable health insurance products tailored to regional
preferences and collaborate with local communities and microfinance institutions to expand coverage.

Promote Financial Literacy and Savings : Educate households on the benefits of saving and offer
appropriate financial products to enhance financial inclusion.

Provide Affordable Healthcare Services : Develop cost-effective healthcare packages and consider
government subsidies to improve access for low-income households.

Embrace Tele-health and Online Services : Implement remote healthcare consultations and services
to enhance access, especially in rural areas.

Encourage Inclusive Decision-Making : Involve all family members in healthcare decisions to ensure
diverse perspectives and empower women.

Design Tailored Health Insurance : Develop health insurance products catering to specific disease
coverage needs of different regions.

6. Conclusion

This study highlights the importance of addressing financial inclusion and healthcare access for
households in Dhaka, Tangail, and Meherpur. To improve the situation, promote financial literacy,
design tailored health insurance, embrace technology, provide affordable healthcare services, and foster
inclusive decision-making. Implementing these recommendations will bridge the gap between financial
inclusion and healthcare, securing the well-being of every household.

Reference

 Creswell, J.W. (2012). Educational Research: Planning, Conducting, and Evaluating Quantitative
and Qualitative Research (4th ed.). Boston: Pearson Education.

 Can people afford to pay for health care? New evidence on financial protection in Europe Regional
report. (n.d.). https://apps.who.int/iris/bitstream/handle/10665/311654/9789289054058-
eng.pdf?sequence=1&isAllowed=y

 World Bank. (2022, March 29). Financial Inclusion. World Bank. https://www.worldbank.org/en/
topic/financialinclusion/overview

 Investing in health systems to protect society and boost the economy: Priority investments and
order-of-magnitude cost estimates (abridged version). (n.d.). OECD. https://www.oecd.org/
coronavirus/policy-responses/investing-in-health-systems-to-protect-society-and-boost-the-economy-
priority-investments-and-order-of-magnitude-cost-estimates-abridged-version-94ba313a/