Health Insurance May Become Unviable In 3-5 Years Without Medical Inflation Control

Achieving profitability in health insurance involves aligning premium growth more directly to medical inflation rather than trends in the overall inflation. “Medical costs in India have shown a persistent high ‘medical trend’ (double-digit in many surveys), driven by technology, input costs, and provider market dynamics,” says Narendra Bharindwal, president, Insurance Brokers Association of India (IBAI).… Continue reading Health Insurance May Become Unviable In 3-5 Years Without Medical Inflation Control