Health insurance penetration rate in India FY 2017-2022, by type of scheme

Published by A. Minhas, Mar 13, 2024

In the financial year 2022, health insurance penetration in India for group schemes was 0.16 percent. For retail schemes and government schemes, it was 0.13 percent and 0.03 percent respectively. Since 2017, a gradual increase in insurance penetration has been noted in India.

Health insurance penetration rate in India from financial year 2017 to 2022, by type of scheme

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Release date

December 2023

Region

India

Survey time period

FY 2017 to FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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Overview

5

Types of insurers

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Health insurance

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Motor insurance

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Other insurances

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Key players

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Non-life insurance industry in IndiaLife insurance worldwideValuation of non-life insurance sector in global perspectiveInsurance industry in IndiaGlobal insurance industry
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