Irdai has proposed a cap on health premium hikes for seniors, limiting increases to 10% without prior approval. Insurers must ...
Admitting that health premium for senior citizens has gone through the roof, IRDAI said, “it is observed that there has been ...
Irdai said insurers must seek its approval if they propose an annual increase of more than 10%, or if they plan to withdraw ...
This week the state insurance commissioner announced ten insurers have been approved to enter the market, following reforms ...
In a bid to protect senior citizens—the most vulnerable age group with limited income sources—from steep hikes in health insurance premiums, the Insu ...
IRDAI caps annual premium increase for senior citizen health insurance at 10%, addressing concerns of rising costs.
Insurance regulator Irdai on Thursday directed insurers not to increase health insurance premiums for senior citizens by more than 10 per cent in a year. The Insurance Regulatory and Development ...
The regulatory body has stated that insurance companies must seek approval before discontinuation of individual health insurance products targeted towards senior citizens.
The Insurance Regulatory and Development Authority of India (Irdai) has mandated that health insurance premiums for senior ...
IRDAI limits health insurance premium hikes for senior citizens to 10% annually, emphasizing the need for affordability and ...
Insurance regulator IRDAI, has barred companies from raising premium for senior citizens by more than 10% without prior consultation. Insurers need the regulator's approval to withdraw individual ...
Steep rise in health insurance premium of senior citizens has been engaging the attention of Irdai and is a regulatory ...