Medical inflation in India is rising at an exponential rate every year. Many households, despite government support, are at risk of accumulating large debts if a family member has a chronic illness, falls seriously ill or has an accident.
The government’s 2025-26 Economic Survey showed that health inflation came down to 3% in December 2025 from 6% in 2023. However, the Aon’s Global Medical Trends Rate 2026 report and other market reports place medical inflation in India at 11-13%.