The coming Union Budget 2018-19 holds many expectations and the India’s domestic economy is already going through the phase of the growth. In the last few years, the Indian government has already taken many growth initiatives and tough macroeconomic decisions that will be surely fruitful in the long term which includes implementation of the Goods and Service Tax(GST) and Real Estate Regulation Act (RERA) despite causing some temporary headwinds in the Indian economy. In this union budget, the Indian government is also looking for the welfare agenda and insurance is one of the important social welfare issues and should get the required boost in the upcoming budget. One of the major insurance sector is health insurance. The common issue that most of the Indians face under health insurance is the rising health-care cost which makes it quite difficult for the people to get the quality and affordable treatments on time  The government can easily deal with this issue by making health