https://www.taxtmi.com/news?id=52182 Insurers have sought substantial premium hikes for individual health and private medical insurance, attributing requests to high claims ratios, medical inflation, and expanded cover features; filings with the regulator include actuarial justifications. The regulator reviews and can moderate or phase increases, requires transparency in renewal notices, and encourages standardized affordable products. The burden chiefly affects individual retail policyholders, prompting strategies such as portability, top-up structures, higher deductibles, and use of wellness or claim-free discounts to preserve coverage affordably. en-us Mon, 11 Aug 2025 18:01:04 +0530 Mon, 11 Aug 2025 18:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52182 Insurers have sought substantial premium hikes for individual health and private medical insurance, attributing requests to high claims ratios, medical inflation, and expanded cover features; filings with the regulator include actuarial justifications. The regulator reviews and can moderate or phase increases, requires transparency in renewal notices, and encourages standardized affordable products. The burden chiefly affects individual retail policyholders, prompting strategies such as portability, top-up structures, higher deductibles, and use of wellness or claim-free discounts to preserve coverage affordably. News - Mon, 11 Aug 2025 18:01:04 +0530 https://www.taxtmi.com/news?id=52182