News From Press Health insurance claim denial: Check reasons against policy terms first

Health insurance claim denial: Check reasons against policy terms first

Source: Business Standard Jan 8, 2025

Health and general insurers paid 82 per cent of claims by volume and 71.3 per cent by value (Rs 1.17 crore), according to the Insurance Regulatory and Development Authority of India’s (Irdai’s) annual report for 2023-24. Of the remaining 28.7 per cent by value, nearly 13 per cent were rejected and over 9 per cent repudiated.

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