Health insurance premium in India FY 2016-2021, by business type

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2021, the value of premiums of the government sponsored health insurance schemes across India aggregated to around 43 billion Indian rupees. That same year, group businesses, excluding state-owned businesses, had a premium value worth approximately 281 billion Indian rupees. Adding nearly 258 billion Indian rupees of Individual businesses, the total value of health insurance premiums reached more than 582 billion Indian rupees for the first time.

Value of health insurance premium in India from financial year 2016 to 2021, by business type (in billion Indian rupees)

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Release date

December 2021

Region

India

Survey time period

FY 2016 to FY 2021

Supplementary notes

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of February 2022).

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Figures have been rounded for clarity.

Previous reports have been accessed.

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