TATA AIG General Insurance Company has announced the launch of MediCare Select, a next-generation health insurance solution designed to enhance its retail health portfolio and broaden access to quality healthcare. As part of this initiative, TATA AIG plans to expand its hospital network from 11,500 to over 14,000 facilities by FY27, signaling its commitment to enhancing healthcare accessibility across urban and semi-urban markets.
MediCare Select comes with a range of innovative features including unlimited restorations of the sum insured, OPD coverage, maternity benefits, and flexible riders tailored to meet the diverse needs of policyholders. The plan is expected to drive TATA AIG’s growth in India’s rapidly expanding health insurance sector, which is projected to grow at a CAGR of 18%.
With rising awareness about healthcare and the increasing cost of medical treatments, consumers are actively seeking policies that offer affordable, inclusive coverage options. TATA AIG’s MediCare Select is poised to cater to this market, providing consumers with greater access to quality health solutions, addressing the region’s specific needs for comprehensive and customized health coverage.
