76% health insurance reimbursement claimants face immediate financial burden: report
A report by Policybazaar reveals that 76% of health insurance claimants in India face immediate financial strain, often resorting to borrowing or liquidating assets. The study highlights significant communication gaps and transparency issues regarding claim rejections.
Why it matters
The findings underscore systemic inefficiencies in the health insurance sector that undermine the financial security of policyholders during medical emergencies.
Around 76% health insurance reimbursement claimants borrowed or broke investments turning their medical bills into an immediate financial burden, found the latest national consumer insights report released by Policybazaar, an online insurance marketplace that allows consumers to manage various insurance products from multiple insurers through a single platform.
The report is based on consumer data and industry insights, presenting findings objectively.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in