Health insurers disallow claims worth ₹15,100 crore in FY24: Irdai
The Statesman Delhi|December 31, 2024
During the financial year 2023-24, the health insurers disallowed claims worth Rs 15,100 crore or 12.9 per cent of the total claims filed, data released by Insurance Regulatory and Development Authority of India (Irdai) said.
STATESMAN NEWS SERVICE

As per the data, of the total Rs 1.17 trillion claims under health insurance of general as well as standalone health insurers, only Rs 83,493.17 crore or 71.29 per cent were paid during the year ending March 2024.

Irdai said there were about 3.26 crore health insurance claims during 2023-24 with insurers, of which 2.69 crore (82.46 per cent) claims were settled. The average amount paid per claim was Rs 31,086.

This story is from the December 31, 2024 edition of The Statesman Delhi.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 31, 2024 edition of The Statesman Delhi.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE STATESMAN DELHIView All
The Statesman Delhi

Football: Valencia and Real Madrid kick off La Liga in 2025

Valencia and Real Madrid get the La Liga underway in 2025 on Friday in a match that could see Real go top, ahead of cross-town rivals Atletico and five points clear of archrivals FC Barcelona.

time-read
1 min  |
January 03, 2025
The Statesman Delhi

Finch backs Virat Kohli amid poor form and controversies

Former Australian cricketer Aaron Finch said that star India batter Virat Kohli is trying to \"pick up a fight\" and is \"trying to be antagonistic\" because that is when he plays at his best and puts all his skills on the show.

time-read
1 min  |
January 03, 2025
The Statesman Delhi

Rewind 2024: Neeraj Chopra enjoys stellar year with Olympic silver and World Championships triumph

Neeraj Chopra, India's 'Golden Boy,' solidified his place as one of the nation's greatest athletes at the Paris 2024 Olympics.

time-read
2 mins  |
January 03, 2025
The Statesman Delhi

52 years after creating Paralympics history, Murlikant Petkar to get Arjuna Award for lifetime achievement

Murlikant Rajaram Petkar, 80, will receive the Arjuna Award for lifetime achievement from President Droupadi Murmu on January 17.

time-read
2 mins  |
January 03, 2025
The Statesman Delhi

Oz Confirm Webster's SCG debut, Will Replace Off-Colour Marsh

The all-rounder will be fielded during the final Test as Australia aim to regain the BGT trophy

time-read
2 mins  |
January 03, 2025
The Statesman Delhi

India emerges global leader in IPO volume, QIPs surge to all-time high

Facts first. India has emerged as the leader in IPO volume, hosting twice as many IPOs as the US and 2.5 times more than Europe.

time-read
2 mins  |
January 03, 2025
The Statesman Delhi

Union Budget: FM Nirmala Sitharaman Meets Financial Sector, Capital Market Stakeholders

As part of the pre-Budget consultations, Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets.

time-read
1 min  |
January 03, 2025
The Statesman Delhi

India Grabs 3.9 Per Cent Global Trade Share In Textiles And Apparel Sector

India holds a share of 3.9 per cent of the global trade in textiles and apparel, and including handicrafts it comprises 8.21 per cent in total exports in 2023-24, government said on Thursday.

time-read
1 min  |
January 03, 2025
The Statesman Delhi

Indian Stock Market Poised to Advance at the Start of 2025

Indian equity indices are poised to advance in the beginning of 2025 on the back of recovery expected in earnings, supported by a boost in rural spending and pick up in government spending, according to a Bank of Baroda (BoB) report released on Thursday.

time-read
1 min  |
January 03, 2025
The Statesman Delhi

Market Continues Winning Streak

Investors' wealth increased by around ₹ 5.8 lakh crore

time-read
1 min  |
January 03, 2025