How is the Ministry of Health planning to review tax rates on health and life insurance

1. The Ministry of Health has constituted a Group of Ministers to review tax rates on health and life insurance in order to promote affordable healthcare and insurance coverage. 2. The Group of Ministers is comprised of key government officials including the Finance Minister, Health Minister, and other relevant stakeholders. 3. The primary objective is to evaluate the current tax structure on health and life insurance products to make them more accessible and cost-effective for the general public. 4. The review will also consider the impact of tax rates on insurance penetration and the overall healthcare ecosystem in the country. 5. Recommendations from the Group of Ministers will be presented to the government for consideration and potential implementation to enhance the insurance sector's contribution to public welfare.