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Insurance Regulatory and Development Authority of India (IRDAI) has informed that the total number of lives covered under health insurance business (excluding Personal Accident Travel Business) in Financial Year 2019-20 was 49.87 crore. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance Corporate Affairs, in a written reply to a question in Lok Sabha today. The Minister stated thatIRDAI has further informed that the total number of lives covered under he
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FAQ :
In the financial year 2019-20, 49.87 crore people had health insurance coverage.
The figure of 49.87 crore excludes coverage from personal accident and travel insurance businesses.
From 1 April 2020 to 30 September 2020, 30.22 crore people were covered under health insurance.
The provisional data for the first half of FY 2020-21 (30.22 crore) shows a 69.8% growth compared to the same period in FY 2019-20 (17.83 crore).
No, the Minister stated that there has generally been no abnormal increase in health insurance premiums during the pandemic.
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