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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Long queue of patients outside a hospital depicting rising healthcare demand, ageing population, and growth of private hospitals in India

Private Hospitals Set for 14-15% Growth in FY27 as High Acuity Care Drives Demand

India’s private hospital sector is projected to record strong revenue growth of 14–15% in FY27, driven by rising demand for high-acuity and specialised treatments. Stable occupancy levels, improving pricing realisations, expansion of bed capacity and a growing share of insured patients are expected to support sustained double-digit growth, according to CRISIL Ratings.

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