MEDI ASSIST Rs 450
Domestic health insurance industry has been witnessing high growth and this trend is expected to continue for quite some time because of low penetration of health insurance in India, rising awareness amongst people about its need, higher incomes and rising medical costs.
If an investor wants to participate in the above trend, the first options available are either to invest in general insurance companies like ICICI Lombard or in a standalone health insurance company like Star Health. These are well managed, profitable companies but they also have certain peculiarities.
