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Health insurers reject claims worth Rs 15,100 cr during FY24
December 31 2024
|Millennium Post Delhi
Health insurers disallowed claims worth Rs 15,100 crore, accounting for 12.9 per cent of the total claims filed during the fiscal year 2023-24, according to the annual report released by the Insurance Regulatory and Development Authority of India (IRDAI).
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NEW DELHI: Out of the Rs 1.17 lakh crore worth of claims filed under health insurance by general and standalone health insurers, only Rs 83,493.17 crore—71.29 per cent—was paid during the year ending March 2024. Claims amounting to Rs 10,937.18 crore (9.34 per cent) were repudiated, while Rs 7,584.57 crore (6.48 per cent) remained outstanding.
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