<h1>State warns insurers against premium hikes as proposed GST exemption on health insurance premiums may cut revenue by Rs900 crore</h1> The state chief minister said a proposed GST exemption on health insurance premiums, part of an upcoming GST Council rationalisation, would reduce the state's revenue by about Rs 900 crore annually; current GST on health insurance is 18% with a 9% state share. The government supports the exemption to improve affordability and insurance penetration but warns insurers against raising premiums to offset the tax cut. States have signalled fiscal concerns because GST collections on health policies form part of their tax pool. The state is also expanding a public health coverage scheme to complement the relief.