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Amit Mishra

Congratulations circle members on insurance premium increase capping

Big congratulations to all senior citizen members and LC manager who since 2020 have been complaining about massive increase in health premiums by insurance companies. Your efforts have bourne fruit. IRDAI has capped health insurance premium increase for seniors at 10%

https://www.localcircles.com/a/press/page/health-insurance-premiums

I do think that what they have increased (50-200%) over three years must be reversed. more  

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52% health policy owners say their premium has increased by over 25%
Health insurance survey: 21% of health insurance policy owners indicated premium increased by 50% or more; 31% indicated that health insurance premium has risen by 25-50%
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H.P. Gurg
Health Insurance Premiums have never been reduced. All the Agencies including Govt thinks it a luxiary. more  
Kuppuswamy Krishnan
If inflation is 5% as govt claims ,why increase of 10% is given ? As pointed out the insurers have already increased the premiums massively. This is just hood winking the insured public who are not salaried and no recourse to payments by their employers. more  
Raghavan T
But not very useful, all insurers have already increase the premiums by~90%, with the blessing of govt & irda, powered by electoral bonds. Now they are trying to fool we senior citizens. Or do they think senior citizens are as maths illiterate as them. more  
Arun Gaggar
I have no information about the reduction . more  
Ashok Ashok
Has the notification been given by IRDAI for senior citizens since I have not seen it more  
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