News Asia26 Feb 2025

India:Rising healthcare costs drive demand for higher coverage

| 26 Feb 2025

The health insurance industry in India is witnessing strong growth, driven by rising healthcare costs and increasing consumer awareness post the COVID-19 pandemic. According to GlobalData, with medical inflation at an annual rate of 14%, the health insurance market is projected to reach INR2tr ($23.8bn) by 2028.

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