Finance
Mr. BillionhairHealth Insurance Hits 580 Million Lives, Sales Slip a Bit
Folks, health insurance is on fire! 580 million lives covered—can you believe it? But wait, policy sales dipped to 26.5 million. Premiums? Up a whopping 9.12% to ₹1.17 trillion! Claims settled? A staggering 32.6 million! We’re making health insurance great again, believe me!
few days ago | Aathira Varier
Quick rundown
1.Health insurance coverage in India rose to 580 million lives in FY25.
2.Despite fewer policies sold, premiums grew by 9.12% year-on-year.
3.Government schemes covered 42.3% of insured lives.
4.58% of claims were settled via cashless transactions.
5.Group insurance accounted for the largest premium share at 52.3%.
