The post-COVID era has seen a sharp rise in health insurance premiums, driven largely by healthcare inflation in the country. In 2024, on an average, health insurance renewal premiums rose 10-15 percent, as per industry estimates.
According to a study conducted by Policybazaar.com, majority of its customers – 53 percent – saw renewal premium hikes of under 10 percent. However, close to 5 percent of its customers have seen premiums rising by over 30 percent, going up to even 200 percent in the last ten years (2015 to 2025).
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