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flag India's health insurance sector faces growth hurdles due to government competition and rising costs, report says.

flag India's health insurance sector is facing significant challenges to growth and profitability, according to a report by Elara Capital. flag Factors include competition from government health schemes and life insurers, overestimated market potential, and rising claim costs. flag The report advises investors to lower growth expectations and focus on resilient areas like third-party administrators and diversified insurers.

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