• syam prasad
• Akhila balagopal

The present paper attempts to estimate the level of out of pocket health care expenditure in major fifteen Indian states on the basis of population. In the present paper, if a household spends more than 20 percentage of their total budget share on medical expenditure, then they are experiencing catastrophe. Based on this the paper examines the financing pattern of out of pocket expenditure and tries to estimate the cost of effective health care insurance in India. We find that many people in the economy are witnessing out of pocket expenditure and financial catastrophe due to the sudden health shocks and most of the households are financing the health care expenditure out of their current income. The findings also reveals that each states faces a very high amount as medical expenditure and the amount of insurance offered by the government is really insufficient and it fails to satisfy the financial needs of people for their treatment. Findings suggests that it is essential to work the public health care system more efficiently and the number of health care centers wants to be increased irrespective of the sectors. Because the vulnerable sections of the society are more likely to experience financial catastrophe due to illness. The paper also attempts to estimate the cost of an effective insurance program in India. The findings shows only a very lesser people are enjoying the fruits of insurance throughout the selected states. And finally the present paper also analyse that if the state is providing a hundred percentage insurance coverage to people then how much state want to contribute as a percentage of its Gross State Domestic Product (GSDP). The findings suggests a large portion of its GSDP want to invest in its health sector to achieve the objective but which is a herculean task for a developing country like India.

Catastrophic health expenditure; Out of pocket health expenditure.

"ANALYZING CATASTROPHIC OUT OF POCKET HEALTH EXPENDITURE IN INDIA: DETERMINANTS AND METHODS OF FINANCING.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 7, page no.j342-j349, July-2023, Available :http://www.jetir.org/papers/JETIR2307946.pdf

"ANALYZING CATASTROPHIC OUT OF POCKET HEALTH EXPENDITURE IN INDIA: DETERMINANTS AND METHODS OF FINANCING.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 7, page no. ppj342-j349, July-2023, Available at : http://www.jetir.org/papers/JETIR2307946.pdf