Insurance Companies See 240% Increase In COVID-19 Claims

Health Insurance companies along with standalone health insurers have seen a 240 per cent increase in claims for treating the COVID-19 pandemic in the past one month, reported Indian Express but these claims only make up for 4.08 per cent of the total infected COVID-19 cases. 

Figures collated by the General Insurance Council, apex body for general insurers show that till the last week of July, 71,423 people had claimed Rs 1,145.87 crore towards Covid treatment. This is a sharp increase from the numbers on June 22, when only 20,965 people had made claims for Rs 323 crore.