Country of Operation
- Secondary/tertiary care
SummarySHEPHERD offers a voluntary, group insurance product covering inpatient health services in addition to accidental death/disability and house fires.
Promoting and nurturing community-based organizations to facilitate the process of social empowerment and economic development of the poor communities who were deprived in the society by way of enabling processes and grooming mechanisms.
Key program components
Individuals between the ages of 18 and 60 receiving a declaration of good health can purchase the SHEPHERD insurance product for US$2 (Rs. 100) (as of March 2008). Premiums, which are subsidized, are paid upfront by the policyholder. US$1.60 (Rs. 84) from the premium is goes to the insurance provider, United India Insurance Corporation, and the rest goes to the SHEPHERD. The sum insured is US$333 (Rs. 15,000) for accidental death/permanent disability, US$111 (Rs. 5,000) for inpatient coverage, US$111 (Rs. 5,000) for house fires. There is a 30 day waiting period for insurance coverage. Key health exclusions include pre-existing conditions, HIV/AIDS, and child birth. SHEPHERD had served 5,228 clients as of 2004.
Revenue Sources: Membership/subscription fees
- United India Insurance CorporationGovernment