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India caps health insurance premium hikes for seniors at 10% to combat rising costs.
The IRDAI in India has capped annual health insurance premium increases for senior citizens at 10% to address rising costs and protect this vulnerable group.
Insurers must consult the regulator if increases exceed this limit or if they plan to withdraw such products.
The move aims to standardize hospitalization costs and claims outgo through common hospital empanelment and package rate negotiations.
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India limita el aumento de las primas del seguro de salud para las personas mayores al 10% para combatir el aumento de los costos.