Want to create an interactive transcript for this episode?
Podcast: Moneylife News Bites
Episode: Is Health Insurance in India Failing You?
Description: India’s health insurance system is under serious strain — and it’s the middle class that is paying the price.Premiums have surged by 50%–200% in just three years, but when it comes to claims, policyholders are facing delays, partial payouts, and outright rejections. What was meant to be financial protection is increasingly becoming a source of stress during medical emergencies.Despite regulations by IRDAI — including timelines for approvals and caps on premium hikes — enforcement remains weak. Mis-selling by banks, opaque policy terms, outdated coverage limits, and unchecked hospital billing practices have created a system where...