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: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
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) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus:
Introduction to Health Economics: Basic Concepts of Health Economics, Demand and Supply in Healthcare, Health as an Economic Good, Market Failure in Healthcare, Role of Government in Health Economics, Cost-Benefit and Cost-Effectiveness Analysis, Economic Evaluation of Healthcare Policies, Health Equity and Social Determinants, Healthcare Financing Models, Impact of Inflation on Healthcare.
Healthcare Systems and Financing: Types of Healthcare Systems (Public, Private, Mixed), Universal Health Coverage (UHC), Health Expenditure and GDP, Health Budgeting and Resource Allocation, Role of International Organizations (WHO, World Bank), Health Workforce Economics, Performance Indicators in Healthcare Systems, Challenges in Healthcare Financing, Trends in Global Healthcare Expenditure, Case Studies of Different Healthcare Systems.
Health Insurance and Risk Management: Concepts of Risk and Insurance, Types of Health Insurance (Private, Public, Employer-Based), Principles of Risk Pooling, Moral Hazard and Adverse Selection in Health Insurance, Role of Actuarial Science in Health Insurance, Premium Calculation and Underwriting, Health Insurance Fraud and Prevention, Claims Processing and Settlement, Reinsurance in Health Insurance, Emerging Trends in Health Insurance.
Health Policy and Economic Impact: Health Policy Formulation and Implementation, Role of Government and Private Sector, Economic Impact of Epidemics and Pandemics, Public Health Interventions and Economic Growth, Sustainable Healthcare Policies, Economic Burden of Chronic Diseases, Pharmaceutical Pricing and Regulation, Health Technology Assessment (HTA), Policy Reforms in Healthcare, Global Health Policy Trends.
Costing and Pricing in Healthcare: Healthcare Costing Methods, Pricing Strategies for Health Services, Cost Containment Strategies, Role of Competition in Healthcare Pricing, Economic Evaluation of Drug Pricing, Cost Burden of Medical Procedures, Role of Insurance in Cost Regulation, Comparative Pricing of Healthcare Services, Pharmaceutical Economics, Impact of Inflation on Healthcare Costs.
Public and Private Health Insurance Schemes: Government-Sponsored Health Insurance Schemes, Role of Private Health Insurance, Employer-Sponsored Health Plans, Micro Health Insurance and Community Health Financing, Insurance for Vulnerable Populations, Out-of-Pocket Expenditure and Financial Protection, Health Insurance in Developing Countries, Social Health Insurance Models, Trends in Health Insurance Coverage, Future of Health Insurance Policies.
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.