Popcornomics
2 weeks, 4 days ago

Popcornomics

Times of India  

Claims rejection rate too high in health insurance, as is GST on it. So, news that a public sector insurer rejects claims much less often – 1 in 500 cases – than its private peers gives pause. Either the public sector firm has a knack for finding bona fide customers, almost all of whom make genuine claims, or private insurers are possibly wilful deniers. US health insurance was broken long before Luigi Mangione shot the CEO of the country’s biggest health insurer on Dec 4. However, despite GST’s credo of ‘good and simple tax’, it found time to fix 5% tax on ordinary salted popcorn, 12% if it’s packaged, and 18% on the caramelised variety because it contains added sugar.

Health India Insurer Insurance Claims  ratio  18  insurers  india  customers  insurer  insurance  claims  health  popcornomics  private

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