Vijayawada: Medical and health minister Y Satya Kumar Yadav on Sunday said the state government will save nearly Rs 700 crore a year through the free universal health policy that covers every family in the State. Welcoming the recent GST reforms, health minister said the removal of the 18 per cent tax on health insurance premiums has strengthened healthcare reforms and eased financial pressure on families. “The savings from this reform will allow us to provide more benefits under the universal health policy,” he told reporters. “This will provide real financial relief to the people,” he said. He thanked the Centre for reducing tax slabs and the State Assembly for passing a resolution welcoming the move.