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16th May 2016, 08:44 AM
Super Moderator
 
Join Date: May 2012
Re: Mediclaim Settlement Ratio IRDA

Hey as per your demand here I am providing you details of IRDA Claim Settlement Ratio of Health Insurance

Claim Settlement ratio of Max Bupa in 2014-15- 79.7%
Claims Rejected- 12.56%
Total claims settled- 88,584

Claim Settlement Ratio of Religare Health Insurance in 2014-15-87.23%
Claims rejected- 7.5%
Total claims settled-81,545

Claim Settlement Ratio of Royal Sundaram Health Insurance in 2014-15-87.93%
Claims rejected- 8.5%
Total claims settled-21,764

Claim Settlement Ratio of Cigna TTK Health Insurance in 2014-15-77.12%
Claims rejected- 19.4%
Total claims settled-711

Claim Settlement Ratio of Bajaj Allianz Health Insurance in 2014-15- 83.4%
Claims rejected- 18.8%
Total claims settled-1,43,516

Claim Settlement Ratio of ICICI Lombard Health Insurance in 2014-15- 95.2%
Claims rejected- 2.3%
Total claims settled-21,37,983

Claim Settlement Ratio of Oriental Health Insurance in 2014-15- 94.7%
Claims rejected- 0.1%
Total claims settled-6,92,720


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