Health insurance document with stethoscope and keyboard representing medical insurance coverage and healthcare financing

India’s health insurance premiums cross Rs 1.2 lakh crore in 2024-25: Finance Ministry

India’s health insurance sector has crossed Rs 1.2 lakh crore in premiums in 2024-25, driven by rising healthcare costs, increased awareness, and demand for better coverage. The Finance Ministry highlighted regulatory measures by IRDAI, including faster cashless claim processing timelines, aimed at improving efficiency and ensuring timely access to medical care.

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