The Hidden Costs Of ‘Cheap’ Health Insurance Plans: A Claim Settlement Ratio Analysis

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Mumbai (Maharashtra) [India], November 5: Low premiums look pleasing when comparing health insurance plans, yet the price on the screen can hide expenses that appear only when a claim is made. The real cost often sits in the policy wording and in how efficiently claims are paid. This blog will cover an easy way to read the claim settlement ratio, how “cheap” options can cost more at claim time, and a checklist for sensible comparison.

What Claim Settlement Ratio Really Tells You

The claim settlement ratio shows the share of claims an…



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The Hidden Costs Of ‘Cheap’ Health Insurance Plans: A Claim Settlement Ratio Analysis


Mumbai (Maharashtra) [India], November 5: Low premiums look pleasing when comparing health insurance plans, yet the price on the screen can hide expenses that appear only when a claim is made. The real cost often sits in the policy wording and in how efficiently claims are paid. This blog will cover an easy way to read the claim settlement ratio, how “cheap” options can cost more at claim time, and a checklist for sensible comparison.

What Claim Settlement Ratio Really Tells You

The claim settlement ratio shows the share of claims an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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