 "Health Insurance, Covid insurance")
After the second wave of the pandemic, general and health insurers have seen a fall in their outgo of Covid-related health claims.
In the July-September quarter (Q2 of FY22), insurers settled a little over Rs 5,000 crore worth of Covid health claims. This is 35 per cent lower than the Rs 7,700 crore worth of claims they settled in Q1, sources said.
Insurers have settled around 6.2 lakh Covid health claims in Q2 compared to 7.8 lakh in Q1. So, in the first six months of FY22, insurers have settled 1.4 million claims worth Rs 12,702 crore, which is significantly
