News From Press Over half of FY21 Covid mediclaims filed in just six weeks

Over half of FY21 Covid mediclaims filed in just six weeks

Source: ET May 18, 2021

Health insurance claims due to Covid reported since April 1, 2021 are 57% of the claims filed in the year ended March 2021. Non-life insurance companies are seeing a sharp spike in claims, which could impact their balance sheets if the trend continues.

As of March 31, non-life companies including health insurers received 9.8 lakh claims for Rs 14,560 crore for treatment of Covid-19. This went up to 14.8 lakh as of May 14, 2021, for a total value of Rs ..

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