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.

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