Government’s Big Move To Check Inflated Hospital Bills Due To Insurers: Report

New Delhi:

India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters.

Healthcare costs in India are projected to rise by 13 percent in 2025, exceeding the global average of 10 percent, and up from 12 percent recorded a year earlier, according to professional services firm Aon’s Global Medical Trend Rates Report.

An analysis by the government and the Insurance Regulatory and Development Authority of India (IRDAI) found that hospitals are inflating treatment costs for patients and overcharging those with higher covers, the source said earlier this week.

This has driven insurers to charge higher health premiums, making coverage less affordable for some, the source said, requesting anonymity as they are not authorised to speak to the media.