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Health insurers in India are discussing a 10% to 15% premium hike on new health insurance policies for residents of New Delhi. This move comes in response to a sharp rise in claims related to air pollution, which led to increased cases of asthma, chronic obstructive pulmonary disease (COPD), and cardiovascular illnesses in 2024.
Regulatory Approval Required
The proposal, currently under discussion among insurers, will require approval from India’s insurance regulator before implementation. If approved, it would be the first instance of air pollution being directly incorporated into health insurance pricing in India.
Rising Health Concerns Due to Pollution
New Delhi recorded an unprecedented increase in hospital visits for respiratory and heart-related ailments last year, surpassing previous records. Industry executives believe that pollution should now be treated as a distinct factor in insurance pricing, given its significant impact on public health.
“We have to start considering pollution as a distinct factor in pricing, so that we can apply a specific charge for affected areas,” said Amitabh Jain, COO of Star Health, India’s leading standalone health insurer.
Potential Nationwide Impact
If the premium hike is implemented in New Delhi, it could pave the way for similar adjustments in other highly polluted cities across India. The decision may also influence future policies regarding environmental health risks and insurance.
Future Outlook
While the proposal is still under review, its approval could mark a significant shift in how insurers assess environmental risks. Delhiites may soon have to bear the financial burden of air pollution through higher health insurance premiums.
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