India’s healthcare landscape is facing significant challenges, marked by a high prevalence of chronic diseases and a substantial portion of the population lacking regular access to trusted healthcare professionals. With over 100 million diabetics, India shoulders 60% of the world’s heart disease burden, and hypertension affects 80 million of its citizens. Additionally, nearly 15% of the global mental health burden falls on India, and chronic conditions like heart disease are a concern for 56% of its population. Despite these health challenges, only 30% of Indians have health insurance coverage, and 75% lack a regular, trusted doctor.
Addressing this need is Loop Health, a pioneering entity in India’s healthcare landscape. Founded in 2019, by Mayank Kale, Ryan Singh, Amrit Singh and Shami Raj, Loop Health stands as India’s first integrated care provider. It’s at the forefront of redefining employee health benefits, aiming to scale high-quality healthcare to millions. The company’s mission revolves around building a new healthcare platform that ensures financial protection from health risks while simultaneously improving health outcomes.
Loop Health’s innovative approach is manifested through its range of services. The company offers customised group insurance at competitive rates from trusted insurers, ensuring affordability and accessibility. It emphasises unlimited primary healthcare, providing 24/7 access to free virtual consultations with medical experts, a crucial feature in a country with a vast population and diverse medical needs.
Furthermore, Loop Health has a strong focus on comprehensive care, as evidenced by its Employee Assistance Program. This program includes focused chronic care for conditions like diabetes, hypertension, maternity, and elder care, thereby addressing some of India’s most pressing health concerns.
Mental health, often sidelined in traditional healthcare models, is another critical area Loop Health addresses. It designs policy strategies to bolster employee well-being, driving productivity and happiness in the workplace. This is complemented by a health index for personalised care, which involves an in-depth analysis of employees’ health data to develop tailored action plans. These offerings underscore Loop Health’s commitment to a holistic healthcare approach, aligning with the broader objective of preventive care over mere sickness management.
Loop Health’s role in the healthcare industry is both transformational and expansive. By intertwining technology, data, and medical expertise, it delivers a people-centric healthcare experience designed to enhance longevity and wellness. As India’s first Health Assurance company, Loop Health is not just changing the narrative around healthcare in India; it’s setting a precedent for how employee health benefits and healthcare systems can evolve to meet the complex and diverse needs of a rapidly changing world.
