A Study on Awareness of Health Insurance Among Young Adults in Navi Mumbai

Abstract

Health insurance is an important tool for protecting individuals from the financial burden of rising medical expenses. However, many young adults have limited awareness and understanding of health insurance policies, their benefits, and coverage. This study focuses on examining the level of awareness of health insurance among young adults in Navi Mumbai. The main objective of the study is to analyze the awareness level of young adults regarding health insurance, the types of policies they know about, and the factors that influence their awareness and decisions to purchase health insurance. The research is based on both primary and secondary data. Primary data was collected through a structured questionnaire from young adults, while secondary data was obtained from research papers, journals, articles, and online sources related to health insurance awareness. The finding of the study help identify gaps in knowledge and understanding of health insurance among young adults. The research highlights the need for greater awareness programs and financial education to help young adults make informed decisions and ensure better financial protection against unexpected medical expenses.