Some Facts about Health Insurance Claims 2007-08

We have come across some good statistics about the claims made by health insurance policy holders in India. These are;

Data Sourced From : 28 Third Party Administrators operating in India

Claims Made by Females : 6,50,070
Claim amount paid : Rs 1,359 crore
Average Claim size : Rs 20,903

Average Claim for Cesarean Delivery : Rs 30,000 to Rs 35,000
Average Claim for Normal delivery : Rs 20,000 to Rs 25,000

Claims Made by males : 6,08,023
Claim amount paid : Rs 1,150 Crore
Average Claim : Rs 18,922

No of claims made by those in the age group 41-60 = 4,30,000

Amount paid in claims : Rs 1,001 crores

Lifestyle diseases for which claims are made by those in 41-60 age group
(1.)Heart Ailments
(2.)Diabetes
(3.)Hypertension
(4.)Degenerative Diseases

Share of Individual/family policies in the Premium : 51%
Share of Group Floater policies in the Premium : 33.9%
On an average Premium charged For Corporate Policy is 50% lower than that paid by individuals/Families.

For individual health insurance premium comparative visit www.healthinsuranceindia.org

United India Insurance Company Limited launches super top-up & top-up medicare policy

After the introduction of Top up policy by Star Health and Allied Insurance Company Limited now we have top up and super top up medicare policy from United India Insurance Company Limited. The good thing is that even if you do not have any health insurance policy you can go for it. In the case of Star health and Allied Insurance Company Limited you must have sum assured of Rs 3 lakhs and above (either from Star health and Allied Insurance Company Limited or any other insurance co) and then only you can go for it.

The premium rates are awaited and will be included in the blog/our website www.healthinsuranceindia.org

In the case of United India Insurance Company Limited if you do not have any health insurance policy but you have this insurance policy then the initial sum has to be borne by you and then only United India Insurance Company Limited comes into picture for claim settlement.