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Medi Assist perspective on Union Budget 2026–27 and insurance sector

“The Union Budget 2026-27 offers a robust blueprint for healthcare resilience. We see the ₹1,06,530 crore allocation (up nearly 10%) as a vital enabler for agile players in the ecosystem. Managing over ₹25,000 crore in premiums, we recognize that capital injections into NHM (₹39,390 crore) and AIIMS (₹11,307 crore), plus 20,000 new medical seats, will significantly stabilize the supply side, allowing for smoother claims processing and deeper insurance penetration. 

Moreover, the budget addresses the critical ‘last mile’ of care through workforce skilling. By targeting 10 disciplines to generate 1 lakh professionals and 1.5 lakh caregivers, the government is effectively validating the shift toward outpatient and home-based care. This infrastructure directly supports insurers as they expand into OPD-inclusive products, ensuring that healthcare accessibility keeps pace with demand.”

About Medi Assist Healthcare Services

Medi Assist Healthcare Services provides health benefits administration services, technology platform and innovative offerings to the health insurance ecosystem. Through its wholly owned subsidiary, Medi Assist TPA and Paramount TPA, the Company acts as a facilitator between (a) insurance companies and their policyholders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The Company, through Mayfair We Care, provides benefits administration services to Indian corporates & insurers outside India as well as services global insurers and beneficiaries. Medi Assist is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Spokesperson Bio

Nikhil Chopra was appointed as the Chief Business Officer of Medi Assist on November 24, 2018. He had joined our Company as Head – MediBuddy Platform and Vice President – Infiniti of our Company on May 2, 2016. He has also been appointed as the whole-time director of Medi Assist TPA with effect from March 1, 2021. He holds a bachelors’ degree in commerce (honours) from Osmania University and has been awarded a certification in Accelerated Sales Force Performance from the Indian School of Business. He was previously associated with IndusAge Advisors Limited and IndusAge Management Services Private Limited.