Could Waiving GST Revolutionize India’s Health Insurance Market?
Anup Rau, the CEO of Future Generali India Insurance, says the government needs to step in to improve health insurance in India. He believes waiving the GST on health premiums would make them more affordable and increase their use. He also mentions that it’s time to update the motor third-party rates, which have stayed the same for years. With healthcare costs going up, focusing more on private insurance could help the government while creating competition in the market.
By Avi G
October 25, 2024