What is the estimated health insurance claim settlement ratio for 2023?

Based on available data, the claim settlement ratio is calculated as the number of claims settled divided by the total number of claims filed, multiplied by 100. However, as the specific data for 2023 is not mentioned, it is currently not possible to provide an estimated claim settlement ratio for that year.

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You can stay updated by following the releases and reports from the Insurance Regulatory and Development Authority of India (IRDAI). They provide information about the claims settled within 3 months, which gives an idea of the claim support offered by health insurance companies.

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