Star Health retail policy base rises 11% after GST exemption
In short
Star Health said its retail policy adoption rose 11% after GST was removed from individual health insurance premiums. The update also said new policies had a higher average sum insured, and people aged 26 to 50 made up over 80% of new additions.
This matters because lower taxes can make health cover more attractive. The report does not say the exact period covered or how much the sum insured increased.
What the reporting says
Star Health reported an 11% rise in retail policy adoption after individual health insurance premiums were exempted from GST. The publisher-supplied summary says the tax change also lifted average sum insured on new policies, with consumers aged 26 to 50 making up more than 80% of additions. The report does not state the exact time period or whether the increase is sustained.
Why it matters
Star Health reported an 11% rise in retail policy adoption after GST exemption on individual health insurance premiums. The summary also says average sum insured on new policies increased, and buyers aged 26 to 50 accounted for more than 80% of additions. The reporting does not specify the measurement period, premium change size, or whether the increase was temporary or broad-based.