Standalone Health Insurers Celebrate 13.6% Market Share Rise

In FY26, standalone health insurance companies celebrated a rise in market share to 13.6% from 12.5% the previous year. This boost came after the government slashed GST on health insurance to zero, making premiums more appealing. Meanwhile, general insurers saw a slight dip in their share, now at 82.9%. Looks like the health insurance game just got a little more interesting!