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Employer-sponsored health insurance cost to rise 11% in 2024

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8 Ways to Reduce the Cost of Health Insurance
  1. Expected rise of 11% in 2024 from 9.6% in 2023 for employer-sponsored health insurance in India.
  2. Prioritizing tailored health plans targeting specific health issues and demographics to manage costs effectively.
  3. Growing use of digital outpatient services, teleconsultations, wearable devices, and AI-driven remote monitoring to improve accessibility and affordability.
  4. Anticipated use of artificial intelligence for diagnosis and navigation expected to revolutionize employer-sponsored healthcare within five years.
  5. Despite efforts, gaps persist, especially in mental health, women’s health, and support for individuals with disabilities in India’s healthcare benefits.
SourceET

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