medical inflation: Group health policies lead the way as medical inflation, retail premiums bite


And employer group insurance is likely to be the fastest growing segment with an estimated CAGR of 16.6% over FY23-28.

Synopsis

As per the ‘Independent Market Assessment of Health Benefits Administrators in Indian Health Insurance Industry’ report by Frost & Sullivan commissioned by Medi Assist, there has been a 31% jump in insurance penetration post-Covid aided by a significant jump in insurance penetration in group policies during the pandemic.

ET Intelligence Group: As medical inflation surges along with rising health insurance premiums, employer group insurance has emerged as the fastest-growing segment of health insurance, according to the industry information provided in the draft red herring prospectus of Medi Assist, India’s largest insurance third-party administrator (TPA) that is gearing up for its IPO.As per the ‘Independent Market Assessment of Health Benefits Administrators

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