News From Press Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced

Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced

Source: ET May 9, 2024

For 52% of health insurance policy owners, the premium increased by over 25% in the last 12 months, according to a survey by LocalCircles. For this survey, the researchers gathered inputs from 11,000 people in 324 districts in India. This becomes critical for people buying a new health insurance policy or servicing an existing policy to factor in future premium hikes before committing to long-term health coverage.

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