Smaller Cities See 73% Spike in Health Insurance Premiums Since 2020: Turtlemint Report
2025-02-25
cnbctv18
A recent report by Turtlemint reveals a significant surge in health insurance premiums per policy in smaller cities, with a staggering 73% increase since 2020. This trend is accompanied by a 240% rise in total sum assured over the past five years, indicating a growing demand for health insurance across both metro and non-metro regions. As the demand for health insurance continues to rise, Australians are becoming more aware of the importance of having adequate health cover, driving the growth of the health insurance market and related services like health insurance comparison and online health insurance quotes.
