Zero GST on health insurance plans sparks 38% surge in demand: Report

Health insurance demand has surged by 38 percent following the removal of GST. Individuals are now opting for higher coverage amounts, with the average sum insured increasing significantly. This trend is observed across various age groups and even in smaller cities. The exemption makes health and life insurance more affordable, encouraging comprehensive protection against rising healthcare costs.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/PJdcy73
via IFTTT