Erstwhile to the second wave, there was a significant decrease in covid hospitalisation, which resulted in a drop in covid claims to 14%. However, Covid claims accounted for roughly 48% of total claims reported in the first quarter of the current fiscal year." One of the factors contributing to the increase in Covid claims during the first quarter is the drop in other ailments as a result of the lockdown. View Full Image (Source: Policybazaar.com)Moreover, people who have contracted the infection will have to wait for full recovery before getting health insurance. Chhabra said, "To a large extent, a health insurance plan helps people in managing this risk.
Source: Mint August 10, 2021 12:22 UTC