Current Affairs - Finance - Discussion

Bajaj Allianz General Insurance launched a pioneering initiative on June 20, 2025, offering state-specific health insurance plans designed to reflect regional healthcare challenges and affordability factors. Unlike traditional one-size-fits-all models, these customized policies consider variations in hospital infrastructure, disease prevalence, and treatment costs across different Indian states. The move is particularly targeted at the urban lower middle class, rural middle class, and the ‘missing middle’—segments not covered under Ayushman Bharat or standard private insurance. By adjusting premiums 10–15% based on state-specific data, Bajaj Allianz aims to bridge critical coverage gaps and support the goal of universal health coverage in India.