Soaring Health Insurance Costs: 1 in 10 Policyholders Forced to Skip Renewal
2025-03-03
Business Standard
The significant rise in health insurance costs this year has made it challenging for many individuals to afford their policies, resulting in approximately one in 10 policyholders skipping their renewal in the current financial year. This trend highlights the growing concern of healthcare affordability and the need for affordable health insurance options. As healthcare costs continue to escalate, many are seeking alternative health insurance plans or opting for minimal coverage, impacting their overall health and wellbeing. Key factors such as premium rates and coverage benefits are being reevaluated by policyholders.
