Mediclaim policies: Get set to be hit where it hurts

Apr 30 2014, 10:09 IST
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Irda is seeking details of the pricing of group medical insurance and has called for a meeting with all non-life insurers next month. (Thinkstock) Irda is seeking details of the pricing of group medical insurance and has called for a meeting with all non-life insurers next month. (Thinkstock)
SummaryGroup health insurance premium may see rise as Irda is cracking down on heavy discounts.

to the influx of third party capital.

‘Several complaints received’

* The Insurance Regulatory and Development Authority is seeking details of the pricing of group medical insurance

* Has called for a meeting with all non-life insurers next month to address the issue of hefty discounts in this class of business

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