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When Valuations Count How to Count upon Valuations?

The apparent lack of complete and accurate actuarial data poses a severe problem today in India for companies, for regulators, and ultimately for consumers and providers. At KAP a key initiative is taken to facilitate growth and development of the industry and give them a jump-start in defining, collecting, and analyzing such data as needed. The essential criteria followed:

Appropriate content  Meet both industry actuarial needs and regulatory oversight needs.

 Forward-looking  Consistent with and able to support an informed vision for the future of the industry.

 Comprehensive and universal  Collect detailed data from and provide database access to the entire industry, protecting the privacy of patients and the proprietary interests of health insurance company contributors.

 End-to-end  Enable tracking and evaluation through the entire insuring process by enlisting today's advanced technology.

 Analysis friendly  Captured and maintained in consistent forms whereby actuarial and statistical analysis can be readily conducted by companies within (or entering) the industry and by regulators.