Niva Bupa Health Insurance shares had a lackluster debut, closing flat amid weak market conditions on November 14. The stock opened at Rs 78.14, peaked at Rs 81, but ended at Rs 74.02, reflecting a slight gain of 0.03%. Valued at Rs 13,520 crore, it is the fourth health insurer to be listed, following ICICI Lombard, Star Health, and The New India Assurance Company.
India has made significant strides in public health, notably achieving polio-free status in 2014 and executing a large-scale COVID-19 vaccination drive. However, with medical inflation at 14%, the Ayushman Bharat PM-JAY scheme aims to provide health insurance for the bottom 50% of the population. The evolving healthcare landscape was discussed by industry experts on ‘The Insurance Show’, focusing on improving affordability, availability, and access.
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