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Health insurers disallowed claims worth Rs 15,100 cr during FY24

by AIP Online Bureau | Dec 30, 2024 | Health, Indian News, Non-Life, Regulation

Insurers repudiated claims amounting to Rs 10,937.18 crore (9.34 per cent) while outstanding claims totalled Rs 7,584.57 crore (6.48 per cent), said the annual report 2023-24 of Insurance Regulatory and Development Authority of India New Delhi: Health insurers...

Australian health insurer says data of all customers hacked

by AIP Online Bureau | Oct 26, 2022 | Health, International News, Non-Life

“Our investigation has now established that this criminal has accessed all our private health insurance customers’ personal data and significant amounts of their health claims data,” Medibank chief executive David Koczkar said in a statement to the Australian...

Incurred claims of standalone health insurers grow at slower pace in Covid-hit FY21

by AIP Online Bureau | Dec 22, 2021 | Health, Indian News

As per the Annual Report 2020-21, the net incurred claims of the general insurers stood at Rs 1.12 lakh crore in 2020-21 as against Rs 1.08 lakh crore in 2019-20. The incurred claims exhibited an increase of 2.92 per cent during 2020-21 New Delhi: Net incurred claims...

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