Private Health Insurance Market

According to a new report by Univdatos Market Insights, the Private Health Insurance market is expected to reach around USD 5 Billion in 2032 by growing at a CAGR of 6%. Private health insurance has emerged as a critical component of healthcare systems worldwide, providing financial protection and access to quality medical services for individuals and families. Unlike public health insurance, which is funded by the government, private health insurance is offered by private companies and typically covers a wide range of medical expenses, including hospital stays, surgeries, and prescription drugs.