Apollo Hospitals to launch health insurance scheme

Jointly with Germany-based DKV Health Insurance
Apollo Hospitals will be launching, on August 8, a health insurance scheme jointly with Germany-based DKV Health Insurance with an initial corpus of Rs 100 crore, said Dr Prathap C. Reddy, Chairman, Apollo Hospitals, here on Thursday.

To be inaugurated by Union Finance Minister, Mr P. Chidambaram, the scheme would bring in new and innovative packages with a focus, especially on school children, he said in an exclusive interview to Business Line .

Speaking further, Dr Reddy said that Apollo Hospitals has been trying to build chest pain centres across the country where primary care would be ensured.

The centres, to be manned by doctors from Apollo, would be coming up within a radius of 50 miles from a major hospital identified in an area where further treatment would be possible.

Hundred centres have been planned to be established before September this year, he mentioned. He underscored the need to bring about awareness on preventive check up.

Asked on global expansion plans of Apollo, Dr Reddy said that they were in the look out for acquisitions in South East Asia and China and were not in a hurry, as right pricing needs to be ensured for better and cost effective delivery of health care.

Referring to Madurai Apollo Speciality Hospitals, he said that plans are underway to make the 300 beds plus hospital, a Centre of Excellence in Cardiology and Cancer together with research. Lands have been identified but are to be finalised yet, for the proposed cancer institute to be established in association with CBCC, US, in the city, he added.

Source: The Hindu Business Line