- ManipalCigna Health Insurance has experienced consistent growth in the eastern region, including Odisha
- Manipal Hospitals are the largest hospital chain in eastern India, catering to the increasing demand for high-quality tertiary and quaternary healthcare.
Bhubaneshwar: ManipalCigna, a rapidly expanding standalone health insurance company, is actively broadening its presence in Odisha and Eastern India. The company is focused on delivering innovative and tailored health insurance solutions to address the diverse health challenges faced by various customer segments in Odisha. Its goal is to provide lifelong access to quality healthcare.
Drawing on its expertise in health insurance, ManipalCigna Health Insurance has experienced consistent growth in the eastern region. With a network of nearly 1000 hospitals in the Eastern region and over 9,000 pan-India hospitals, the company is solidifying its presence. In 2023, Manipal Hospitals further strengthened its commitment to Eastern India by acquiring stakes in AMRI (Advanced Medical Research Institute) hospitals. This strategic move positions Manipal Hospitals as the largest hospital chain in eastern India, catering to the increasing demand for high-quality tertiary and quaternary healthcare.
Sapna Desai, Chief Marketing Officer at ManipalCigna Health Insurance, highlighted the health challenges in Odisha, where there is a significant 27.19% prevalence of major non-communicable diseases (NCDs). These include hypertension, diabetes, respiratory ailments, digestive diseases, and neurological disorders, surpassing the national average. In response, ManipalCigna is dedicated to offering tailored health insurance products to address the unique health needs of Odisha’s residents. Their flagship product, ManipalCigna Lifetime Health, is known for its affordability and high-sum insured coverage, providing comprehensive protection against life’s unforeseen circumstances.
Desai emphasized the company’s robust growth in the eastern region, with a notable 38% gross written premium (GWP) growth in the financial year 22–23. Anticipating a doubling of business in the next two years, ManipalCigna has a strong presence with 8,000 advisors, partnerships in approximately 1500 point-of-sale locations, and 12 branch offices in Eastern India. As part of its expansion plan, the company aims to launch new branch offices, hire additional employees and agents, and intensify its focus on the East in FY24.ManipalCigna recognizes Odisha as a pivotal market and remains committed to offering affordable solutions, increasing the penetration of health insurance, and ensuring customers have easy and lifelong access to quality healthcare. For more information on ManipalCigna Health Insurance’s product portfolio, visit the official website: https://www.manipalcigna.com/health-insurance.