Finance Minister urged insurance company to offer faster service to policyholders

The Finance Ministry today urged insurance companies to maintain the highest standards of service and ensure faster processing times for policyholders, especially during hospitalization and claim settlement. Chairing the meeting of Insurers and Healthcare Providers in New Delhi, the Secretary of Department of Financial Services, M. Nagaraju discussed the issue of medical inflation and rising premium costs. He emphasized that standardized criteria for empanelment of hospitals across insurance com...