News From Press Average cost of health insurance claims in India is Rs 42,000: SecureNow

Average cost of health insurance claims in India is Rs 42,000: SecureNow

Source: Financial Express Jun 29, 2023

The average cost of health insurance claims in India is Rs 42,000, with 15% of these claims exceeding Rs 1 lakh, as per a research report by SecureNow.

The report — ‘Reimbursement Health Insurance Claims’ — provides significant findings on hospitalization duration, claim costs, settlement rates, and the efficiency of the claim settlement process in India.

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