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FinTech

Decoding the New GST Rules on Health Insurance Premiums: Will it Really Lower the Cost of Your Mediclaim Policy?


Mumbai (Maharashtra) [India], October 30: If you have been pricing a new mediclaim policy or preparing for renewal, you have probably heard about the new Goods and Services Tax rules. From 22 September 2025, individual health insurance premiums carry 0% GST. That is a major regulatory change, and it affects how you see your premium on the invoice.

The big question is simple: Will your cost actually come down, and by how much? Let us unpack the change and what it means when you buy health…



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