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Indians rush to buy 1 crore health cover as premiums reshape tax relief
Economy
Published on 30 April 2026
GST pricing shifts may be turbocharging high-value cover
Indians are increasingly choosing health insurance policies worth ₹1 crore or more as medical bills rise and awareness grows. Insurers say demand is accelerating because customers are willing to pay higher premiums for higher payouts, with GST-related pricing changes making larger cover options more accessible and easier to shop for.
- Demand is rising for ₹1 crore-plus health insurance
- Rising medical costs and awareness are driving choices
- Customers accept higher premiums for bigger coverage
- GST-linked pricing changes are boosting accessibility
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times