The Health & Personal Accident Insurance segment has grown at a CAGR of 17.59% over the period 2011-12 to 2020-21.
Health Insurance comprises of around 92% of the segment. Health & Personal Accident has crossed the 60,000 Cr mark for the first time.
Chart 4.5.1GDPI - Health & Accident
Table 4.5.1Health & Accident
| 2020-21 | Value |
| No. Of Policies | 48,124,777 |
| Premium (in Cr) | 63,717 |
| No. Of Claims Reported | 15,601,297 |
| No. Of Paid Claims | 14,372,767 |
| Amt of Paid Claims (in Cr) | 46,030 |
Source: Council Compilation as per source
data submitted by companies
The Net Incurred Claims ratio has increased, arriving at 90.18% in 2020-21.
The Gross Incurred Claims ratio has decreased to 78.5% for Health industry segment in 2020-21.
Chart 4.5.2Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel
Source: Council Compilation as per source
data submitted by companies
Chart 4.5.3Rural vs Urban Premium - Health & Accident
Chart 4.5.4Channelwise GDPI - Health & Accident
Source: Council Compilation as per source
data submitted by companies
Chart 4.5.5GDPI Breakup on Categories - Health & Accident
Chart 4.5.6Policies Breakup on Categories - Health & Accident
Source: Council Compilation as per source
data submitted by companies
*Number of policies indicated under Health – Government Schemes are the
number of Master Policies issued and do not represent the number of lives covered