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Health insurers disallow claims worth ₹15,100 crore in FY24: Irdai

The Statesman Bhubaneswar

|

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.

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