In the last decade, the number of people covered by health insurance has more than doubled. 

Of course, big hospitals – both the state funded ones and the private ones that look a lot like five-star resorts – are making the most of it. They are really raking it in. 

But there is a sizeable chunk of the healthcare system that is left out. The small, private hospitals that make up nearly 85 per cent of the industry. This is the ‘missing middle’. It’s disorganized and severely underfunded. It’s also stuck in a bureaucratic maze of claims and reimbursements. 

The patients that rely on these facilities are  very often stuck between subsidised schemes and private insurance. But here’s the thing – where there is chaos there is also huge opportunity. 

Opportunity that a new crop of health fintechs have identified. Enter Gmoney, Digisparsh, Healthcred, and Carepay. All of them are waiting to disrupt the ‘cashless insurance’ space. 

They’re coming to the rescue with plans to connect the dots between insurers, hospitals, and patients. 

Tune in.

P.S The Ken's podcast team is hiring! Here's what we're looking for.

Daybreak is now on WhatsApp at +918971108379. Send us a hello with your name and since when you've been listening to us and be a part our community. Also, if you have any recommendations for this Thursday's Unwind segment, send them to us as texts or voice notes.

Want to be part of the Daybreak community? Introduce yourself here.

Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.