The penetration rate of retail and group health insurance across India stood at around nine percent as of financial year 2018. This value was estimated to increase over 28 percent by financial year 2030. Retail health insurance companies seemed to have the lowest claim ratios and thus, they were the most profitable.
Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030
Characteristic
Health insurance penetration
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HDFC Securities. (October 1, 2019). Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. "Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030." Chart. October 1, 2019. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. (2019). Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. "Penetration Rate of Retail and Group Health Insurance across India during Financial Year 2018 with a Forecast for Financial Year 2025 and 2030." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities, Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 Statista, https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/ (last visited July 27, 2024)
Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/