India's Non-Life Insurance Segment Ails From Rising Healthcare Costs, Premiums

Going to the hospital in India is getting more and more expensive.

One person shared online that a hospital in Mumbai charged more than eleven lakh rupees for a hernia operation.

Because hospitals cost more, health insurance is also getting more expensive.

Even so, more people are buying insurance to protect themselves.

Insurance companies are making new plans, like family plans and plans that reward healthy habits.

Some companies now charge different prices depending on where you live, since big cities have costlier hospitals.

The government took the extra tax off health insurance to help people.

It also gives free hospital coverage of up to five lakh rupees a year to many poor families through the Ayushman Bharat scheme.

Still, many people in India do not have enough insurance.

Experts say it is best to buy insurance when you are young and healthy.