Health insurance: Policy premium goes up 73% since 2020, total insurance sum assured up 240%
The health insurance sector in India is experiencing significant expansion, fueled by escalating healthcare expenses and growing consumer knowledge following the COVID-19 outbreak. With a yearly medical inflation rate of 14%, the health insurance market is forecasted to surpass Rs 2.0 lakh crore (USD 23.8 billion) by 2028, as per GlobalData analysis. A recent report … Read more
