Description
Course Name: Diploma in Health Economics and Insurance
Course Id: DHEI/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: The Diploma in Health Economics and Insurance is an ideal choice for individuals interested in the financial and economic aspects of healthcare. Whether you aim to work in policy-making, insurance, or healthcare management, this diploma equips you with the expertise to contribute effectively to improving healthcare systems and ensuring financial sustainability.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
How Students will be Graded: | ||
S.No. | Marks | Grade |
1 | 91-100 | O (Outstanding) |
2 | 81-90 | A+ (Excellent) |
3 | 71-80 | A (Very Good) |
4 | 61-70 | B (Good) |
5 | 51-60 | C (Average) |
6 | 41-50 | P (Pass) |
7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Diploma in Health Economics and Insurance
Fundamentals of Insurance-Introduction to Insurance, Principles of Insurance, Introduction to Life Insurance, Framework of Life Insurance, Fire Insurance, Marine Insurance, Accident and Motor Vehicle Insurance, Insurance Intermediaries, Fundamentals of Insurance, Insured, Insurance Meaning and Definitions, Definitions of Insurance, according to Ghosh and Aggarwal, according to Justin Lawrence, Features of Insurance.
Principles of Economics- Introduction to The Study of Economics, Meaning of Economics, Positive vs Normative Economics, Microeconomics vs Macroeconomics, Macroeconomics, Interdependence of Micro and Macroeconomics, Differences between Micro and Macro Economics, Significance of Macro and Micro Economics.
Health Insurance- Objectives, Introduction, Historical Overview and Evolution, Constitutional Provisions, Social Security Concepts, Health Insurance Schemes, Central Government Health Scheme (CGHS), Employees State Esurance’s Scheme, Emerging Scenario, Situational Analysis, ~insurances regulatory and Development Act (IRDA), Likely Set-up after Privatisation.
Indian Insurance Industry- The Public Sector Insurance Companies- Life Insurance Corporation, National Insurance Company Limited, Oriental insurance Company Limited, United India Insurance Company Limited, New India Assurance Company Limited, An Overview of the Insurance Sector, Life insurance industry, non-life insurance industry, FDI in Insurance Sector, Major Initiatives by the Government.
Health Insurance Marketing and Operations- Types of Customers from a Sales Perspective, Potential customer, show him value, reveal yourself, new customer, guide them to success, leave a contact option open, Impulsive Customer, Clear the way to checkout, Quick and concise help, Discount customer, Explain the deal, offer added value, Loyal customer, give him a platform, learn from his experience, Don t mess it up, how does insurance work, The Insurance Industry of India.
Community Health Administration in India- Introduction, Definition and Principles of Health Care Administration, Health Care as a Part of Socio-economic Development, Health Care System, Primary Level Care, Secondary Level Care, Health Care Delivery System, Public Sector, Private Sector, Indigenous System of Medicine, National Health Programmes in India.
Job Opportunities after completion of Diploma in Health Economics and Insurance course:
After completing a Diploma in Health Economics and Insurance, graduates are equipped with the skills and knowledge required to excel in the healthcare industry, focusing on the economic aspects of healthcare systems, policies, and insurance services. The program combines health economics, healthcare management, and insurance principles, enabling graduates to analyze healthcare policies, manage healthcare costs, and understand the financial aspects of healthcare systems.
Career Options for Diploma in Health Economics and Insurance Graduates
1. Health Economist
- Role: Analyze healthcare systems, policies, and the economics of healthcare delivery to improve efficiency and accessibility.
- Responsibilities:
- Researching the economic impact of healthcare policies and practices.
- Analyzing healthcare costs and resource allocation.
- Evaluating health interventions, treatments, and prevention strategies.
- Industries: Government, research institutions, healthcare consulting, NGOs.
2. Health Insurance Analyst
- Role: Analyze health insurance policies and their impact on both providers and consumers.
- Responsibilities:
- Reviewing and assessing health insurance plans and premiums.
- Ensuring compliance with regulations and industry standards.
- Analyzing risk factors and the financial health of insurance providers.
- Industries: Insurance companies, consulting firms, healthcare providers.
3. Healthcare Administrator/Manager
- Role: Oversee the operations of healthcare facilities, managing budgets, and ensuring efficient delivery of healthcare services.
- Responsibilities:
- Managing healthcare budgets and financial resources.
- Developing and implementing policies to improve service delivery.
- Managing staff and ensuring the quality of healthcare services.
- Industries: Hospitals, clinics, healthcare facilities, long-term care institutions.
4. Medical Insurance Underwriter
- Role: Evaluate and assess the risk of insuring individuals or organizations for healthcare coverage.
- Responsibilities:
- Reviewing medical histories and health risks.
- Determining premiums for health insurance policies.
- Managing and updating insurance policies to reflect changes in risk.
- Industries: Insurance companies, health insurance brokers.
5. Health Policy Analyst
- Role: Research and analyze policies related to healthcare systems, advocating for improvements and providing recommendations to policymakers.
- Responsibilities:
- Studying healthcare policies, regulations, and reforms.
- Analyzing the economic impact of policies on healthcare systems.
- Preparing reports and presenting findings to government agencies or advocacy groups.
- Industries: Government agencies, think tanks, NGOs, policy advocacy organizations.
6. Healthcare Finance Manager
- Role: Manage the financial aspects of healthcare organizations, ensuring that they operate within their budgets and provide cost-effective services.
- Responsibilities:
- Budgeting and forecasting for healthcare facilities.
- Overseeing revenue cycle management and financial operations.
- Ensuring compliance with financial regulations and policies.
- Industries: Hospitals, healthcare insurance companies, public health institutions.
7. Healthcare Consultant
- Role: Advise healthcare organizations on improving efficiency, reducing costs, and improving service delivery through strategic planning and financial management.
- Responsibilities:
- Analyzing organizational performance and providing actionable solutions.
- Advising on health economics, cost-reduction strategies, and resource allocation.
- Assisting in the implementation of policy changes or new technologies.
- Industries: Consulting firms, healthcare facilities, government agencies.
8. Public Health Administrator
- Role: Oversee public health programs, ensuring the allocation of resources to meet public health needs and promoting the efficient use of healthcare services.
- Responsibilities:
- Managing public health budgets and resource allocation.
- Implementing health policies and initiatives.
- Coordinating with governmental and non-governmental organizations for health initiatives.
- Industries: Public health organizations, government agencies, international organizations.
9. Insurance Claims Investigator
- Role: Investigate and process insurance claims related to health coverage, ensuring accuracy and preventing fraud.
- Responsibilities:
- Reviewing claims to verify their authenticity.
- Investigating unusual or suspicious claims.
- Working with healthcare providers to validate the accuracy of claims.
- Industries: Insurance companies, healthcare providers, government agencies.
10. Risk Manager (Health Insurance)
- Role: Assess and mitigate risks related to health insurance policies, ensuring sustainable business operations.
- Responsibilities:
- Analyzing risk data and insurance claims.
- Developing strategies to minimize financial and operational risks.
- Ensuring compliance with healthcare regulations.
- Industries: Health insurance companies, consulting firms, healthcare providers.
Industries and Work Environments:
- Insurance Companies: Health insurance companies, life insurance companies, and actuarial consulting firms.
- Healthcare Providers: Hospitals, clinics, nursing homes, and other healthcare facilities.
- Government Agencies: Public health departments, healthcare regulatory bodies, social security institutions.
- Non-Governmental Organizations (NGOs): Working on healthcare projects and improving access to healthcare.
- Consulting Firms: Offering services related to healthcare finance, health economics, and insurance strategies.
Salary Range in India:
- Entry-Level (0-2 years): ₹3 LPA – ₹5 LPA.
- Mid-Level (2-5 years): ₹5 LPA – ₹8 LPA.
- Senior-Level (5+ years): ₹8 LPA – ₹12 LPA or more, depending on the industry, location, and experience.
Conclusion:
A Diploma in Health Economics and Insurance opens up a wide range of career opportunities in the healthcare and insurance sectors. Graduates can work in roles related to healthcare management, insurance, policy analysis, and risk management, applying their knowledge of health economics to optimize healthcare systems and insurance practices. The skills acquired from this program are valuable to both public and private sector employers, offering a promising career in healthcare economics, policy development, and financial management.