Health insurance: 52% policyholders say their yearly premium has gone up by over 25% in 12 months

Health insurance: 52% policyholders say their yearly premium has gone up by over 25% in 12 months

A survey has highlighted that a majority of policy owners that their insurance premiums have already increased in the last one year much before the Insurance Regulatory and Development Authority of India (IRDAI) removed the age limit restriction for buying a health insurance policy.  In April 2024, the IRDAI removed the age limit restriction for … Read more

Health insurance: 43% policyholders faced hurdles in getting claims after treatment, finds survey

Health insurance: 43% policyholders faced hurdles in getting claims after treatment, finds survey

Almost four out of 10 patients faced hurdles to get their health insurance claim. As per a survey, 43% of health insurance policyholders, who filed a claim in the last 3 years, struggled to get the money or settle payment dues at a hospital after treatment.  The survey by LocalCircles stated that general insurance policy … Read more