hospital covid-19 patient

Insurers begin to get Covid-19 health insurance claims, but too early to assess impact

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After the government allowed the private sector hospitals to treat covid-19 patients last week, insurers have begun getting health insurance claims.

According to data compiled by the General Insurance Council, an industry body for non-life companies, as on 30th March, the insurance sector got a total of 34 claims, up from 22 claims as on 28th March, with a claim size of around Rs58.05 lakh.

Of this, the industry has settled ten claims so far of Rs14.20 lakh placing the average claim to about Rs1.42 lakh. Earlier when the government allowed private labs to test people for the virus, it recommended a cap of Rs4,500, but in the case of treatment there doesn’t seem to be any cap.

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