From The Economic Times · PTI · · 1m 20s
Star Health Policy Base Rises 11% After GST Exemption
Star Health reports 11% growth in retail health insurance policies after GST exemption on premiums.
In brief
Star Health reports 11% growth in retail health insurance policies after GST exemption on premiums. Star Health saw an 11% increase in retail health insurance policy adoption following the removal of GST on individual health insurance premiums. Originally reported by The Economic Times.
Star Health Reports 11% Retail Policy Growth
Star Health reported an 11 per cent rise in retail policy adoption after GST exemption on health insurance premiums.
Average Cover Increased to Rs 13.7 Lakh
The average sum insured on fresh retail health indemnity policies rose by about Rs 1.4 lakh to Rs 13.7 lakh during October 2025-August 2026.
GST on Health Insurance Reduced to Zero
Goods and Services Tax on individual health insurance premiums was brought to zero from 18 per cent with effect from September 22, 2025.
Himanshu Walia on GST Impact
Star Health whole-time director Himanshu Walia said the GST reform made health protection more affordable for Indian families.
Policy Growth Accelerated to 11%
The insurer reported growth in its retail portfolio accelerated to over 11 per cent during October 2025-August 2026, from around two per cent in the previous year.
Expansion in Tier II-IV Markets
Star Health reported increased new-to-insurance customers and greater penetration in tier II, III, and IV markets.
At a glance
Star Health saw an 11% increase in retail health insurance policy adoption following the removal of GST on individual health insurance premiums.
