RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost
Business Standard|December 05, 2024
The average health insurance claim payout on Policybazaar.com's platform increased from ₹62,014 in 2022-23 to ₹81,025 in 2024-25 (year-to-date), an increase of 30.7 per cent.
HIMAI PATEL
RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost

About 38 per cent of the total claim amount paid was to individuals in the 18-35 age group. These and other numbers put out by the insurance aggregator reveal trends in health insurance claims that warrant suitable responses from customers.

Rising claim size The increase in claim size is driven primarily by medical inflation. "Medical inflation in India has hovered at around 14 per cent for the past two years," says Amitabh Jain, chief operating officer, Star Health and Allied Insurance.

هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Business Standard

Strong returns await investors who can endure slowdowns

While consumption funds turned in a decent performance over the past year, they lagged behind categories like public sector undertaking (PSU), pharma, infrastructure and technology.

time-read
2 mins  |
December 06, 2024
Investors hungry for Zomato as stock sizzles
Business Standard

Investors hungry for Zomato as stock sizzles

Market cap nears ₹3 trn on robust outlook; stock rises 24% in a month

time-read
2 mins  |
December 06, 2024
Business Standard

Star Agriwarehousing files IPO papers with Sebi

Star Agriwarehousing and Collateral Management Ltd, a techdriven agricultural services firm, has filed preliminary papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO).

time-read
1 min  |
December 06, 2024
Business Standard

Mkt regulator warns against unregistered online debt platforms

The Securities and Exchange Board of India (Sebi) issued a warning to the public about unregistered online platforms that are offering unsecured debt securities to investors.

time-read
1 min  |
December 06, 2024
Business Standard

FPIS TURN NET BUYERS IN 2nd HALF OF NOV

FLOW REVERSAL Financials, IT, FMCG stocks attracted maximum flows

time-read
1 min  |
December 06, 2024
Vishal Mega Mart to float ₹8K cr public issue on Dec 11
Business Standard

Vishal Mega Mart to float ₹8K cr public issue on Dec 11

Supermart major Vishal Mega Mart is set to launch its ₹8,000 crore initial share-sale on December 11 for public subscription.

time-read
1 min  |
December 06, 2024
Tariff hikes may lead to further gains for telecom players
Business Standard

Tariff hikes may lead to further gains for telecom players

India's mobile sector revenue was up 8 per cent quarter-on-quarter (Q-o-Q) (14 per cent year-on-year Y-o-Y) to an annualised ₹2.69 trillion, according to data collated by the Telecom Regulatory Authority of India (Trai).

time-read
2 mins  |
December 06, 2024
Nomura remains 'overweight' on India among Asian peers
Business Standard

Nomura remains 'overweight' on India among Asian peers

Nomura has adopted a cautious but not overly pessimistic stance on Asia's equities for 2025.

time-read
1 min  |
December 06, 2024
New framework in the offing to help passive funds reduce tracking error
Business Standard

New framework in the offing to help passive funds reduce tracking error

The Securities and Exchange Board of India (Sebi) on Thursday proposed introducing a separate call auction session (CAS) after the market hours to determine the closing price of stocks in the equity cash market, akin to the mechanism followed globally.

time-read
1 min  |
December 06, 2024
FPI winds lift market for 5th session in row
Business Standard

FPI winds lift market for 5th session in row

IT and financial stocks carry the torch

time-read
2 mins  |
December 06, 2024