Insurance claims for hospitalizations for COVID-19 and non-COVID-19 began to accumulate after a slowdown of approximately 4 months. The number of claims due to the COVID-19 outbreak exceeded 1.5 lakh (2 billion rupees), while the number of non-COVID claims reached levels close to the pre-blocking, according to a Report by the Times of India.
In the first 4 months of the blockade, fitness insurance claims have declined since policyholders suspended procedures chosen as cataracts and knee replacement surgeries, the Times of India reported.
The average number of claims is more than 25%, according to the report.
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There is also a minimum in hospitalizations due to accidental injuries or non-COVID infectious diseases due to confinement, the report added.
Another explanation of why the decrease in fitness insurance states that the maximum remedies were carried out in public hospitals, according to the report.
Suryanarayanan V, managing director of Cholamandalam MS General Insurance, told the publication that after the release of Unlock 1.0 in June, insurance claims increased to 85% from 50% in April-May, and returned last July.
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