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Group mediclaim premiums likely to rise

Group mediclaim premiums likely to rise

Monday, March 20, 2017, 10:45 AM

Group health insurance premiums may go up as the insurance regulator cracks the whip on disclosures to end subsidization by individual payers. Insurance Regulatory and Development Authority of India (IRDA) chairman TS Vijayan recently said the watchdog was planning to ask companies for segmental reporting of balance sheets to show which segment was making losses.
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