Page 15 - The Insurance Times February 2026

Vikramaka Mallu at a public meeting to live with dignity. The programme Money to expand financing options for
in Ramagundam. includes the provision of house sites for patients.

The insurance cover is aimed at provid- families who do not own land, along- CAR-T cell therapy is a personalised
ing financial security to government side construction support. treatment for certain blood cancers,
employees and their families in the The twin announcements underscore particularly relapsed or refractory
event of accidental death or disability. the State government's focus on em- cases. While Indian manufacturers now
The scheme forms part of the State ployee welfare and housing security as offer the therapy at nearly one-tenth
government's broader welfare initia- key pillars of its social development of global costs, the upfront expense-
tives targeted at strengthening social agenda. around Rs.35 lakh-continues to limit ac-
security for its workforce.
cess. Immuneel has tied up with
At the same event, the Deputy Chief High-value cancer thera- around 60 hospitals across India and
Minister also announced the launch of expects to have treated about 100
the Indiramma Housing Distribution pies need insurance sup- patients with adult B-cell Non-Hodgkin
Programme, under which the State port, says Immuneel CEO
Lymphoma by March 2026.
plans to construct 4.5 lakh houses for High-value, one-time cancer therapies
the homeless. The housing programme such as CAR-T cell treatment need to Mookim said the company is in discus-
will be implemented at an estimated be brought under the health insurance sions with insurance companies and
outlay of Rs. 22,500 crore, with around umbrella to improve patient access, regulators to explore structured cover-
3,500 houses proposed in each Assem- age for such "value therapies". He
according to Immuneel Therapeutics
bly constituency. noted that while the treatment in-
CEO Amit Mookim. The company has
Addressing the gathering, Bhatti said partnered with healthcare volves a single infusion, it can eliminate
the initiative would help ensure that crowdfunding platform Impact Guru the need for prolonged, lifelong treat-
economically weaker sections are able and healthcare-focused lender CarePal ment in eligible patients.
Healthcare financing has evolved, but
lenders and insurers need to better
Health insurance coverage expands in FY25 despite understand emerging therapies and

dip in policy sales long-term outcomes, he said.
Immuneel has shared clinical and cost
Health insurance coverage in India continued to expand in FY25 even as the
data with financiers, who will take in-
number of policies sold declined marginally, according to the annual report
dependent decisions on coverage and
of the Insurance Regulatory and Development Authority of India (IRDAI).
lending frameworks.
The number of lives covered by general and health insurers rose to 580 mil-
lion in FY25 from 573 million in FY24, while policy count fell to 26.5 million Immuneel is co-founded by Kiran
from 26.8 million. Mazumdar-Shaw, Siddhartha
Premium collection under the health insurance segment grew 9.12 per cent Mukherjee and Kush M Parmar.
year-on-year to ?1.17 trillion, reflecting higher average premiums and in-
creased reliance on group and government-sponsored covers. Health insur-
ance business is classified into government schemes, group insurance and
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cent in the previous year, indicating better claims management.

The Insurance Times February 2026 13