After GST exemption, retail policy base rises 11% for Star Health

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Exempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health reported an 11% rise in retail policy adoption following this tax reform. There has been a substantial increase in the average sum insured on new policies during this period. Consumers aged 26 to 50 made up a significant portion of new policy additions, accounting for over 80 percent.