
Rising Healthcare Costs Drive Demand for Higher Coverage: Turtlemint Sees 240% Growth in Sum Assured
Feb 28, 2025
Mumbai (Maharashtra) [India], February 28: The health insurance industry in India is witnessing strong growth, driven by rising healthcare costs and increasing consumer awareness post the COVID-19 pandemic. With medical inflation at an annual rate of 14%, the health insurance market is projected to reach INR 2.0 trillion (USD 23.8 billion) by 2028, according to GlobalData.
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