India, Sept. 5 -- Kolkata's leading private medical hospital, CMRI, on Thursday welcomed the Indian government's announcement to exempt health insurance premiums from GST, eliminating the earlier 18% levy.

Speaking to IBNS, Sombrata Ray, Unit Head at CMRI Kolkata, said: "It's a great move. We welcome the government's progressive GST reforms, which mark a significant step towards making healthcare more affordable and accessible for all."

He said the measures taken by the government will reduce the financial burden on patients and their families.

"The removal and reduction of GST on essential medicines, medical devices, and health insurance will directly ease the financial burden on patients and families," he said.

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