If you live in a metro city like Delhi, Mumbai, or Bengaluru, your health insurance premiums could soon rise. Insurers are reportedly considering revising rates based on the city you live in and for residents of Tier 1 cities, that may mean higher premiums.
The reason? Living in urban India is now seen as higher-risk. Rising medical costs, air pollution, and lifestyle diseases are pushing up the claims ratio for insurers, forcing them to rethink how they price policies.
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While higher premiums may sound like an unfair penalty for metro city dwellers, experts say it reflects the growing health and cost gap between metros and smaller towns due to numerous factors.
WHY METRO RESIDENTS PAY MORE
Shilpa Arora, Co-founder and COO, Insurance Samadhan, said the difference in premiums is linked directly to risk and cost of care.
“Health insurance premiums vary by city because the cost and risk environment differs.
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