365telugu.com online news, September 6th,2025: “The GST Council’s decision to bring down GST on individual health insurance premiums from 18% to 0% is a landmark reform that will significantly enhance affordability and inclusivity in healthcare. At a time when India’s healthcare sector is on a strong growth trajectory, this move addresses one of the biggest barriers—cost—making quality healthcare more accessible to millions.
By lowering the cost of health insurance and making life-saving treatments more affordable, this reform provides a direct boost to financial and medical security for families across the country.
For the health insurance industry, this decision comes at a pivotal moment. As healthcare needs rise and medical risks evolve, universal health coverage has become a national imperative. Health insurance is not just a financial product—it is a safety net that protects families, supports well-being, and strengthens resilience against future uncertainties.
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At SBI General Insurance, we see this reform as a powerful enabler in advancing India’s vision of ‘Insurance for All by 2047.’ We remain committed to creating affordable, accessible, and customer-centric health insurance solutions, with a special focus on expanding our presence in rural and semi-urban markets.”