Thursday, June 20, 2013

Mediclaim premium rates going to hike

All medical insurance providers in India are going to increase the premium rate very soon once they got the nod they have already applied from IRDA to offset lossesThe hike could be between 20 and 40 per cent. General insurers, both from private and public sector, had reportedly approached the regulator for 10-40 per cent revision in health insurance tariff to protect losses.