Here is the claim settlement ratio for Star health insurance for year 2020-21 and 2021-22( till Q3). This is a period when covid 19 stuck.
For Star Health Insurance 2020-21:
Number of Claims received- 11.1 lakhs
Number of claims settled- 8.48 lakhs
Claims Rejected- 1.53 lakhs
Claims pending- 93000
Claim Amount- 5249 crores
Claim Settlement Ratio- 76.5%
Claims Rejected-14%
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