Fraud and abuse causing Rs 8000 cr to Rs 10000 crore loss to health insurance: BCG – The Times of India
MUMBAI: Fraud and waste remain a costly drag on the health-insurance system with Rs 8,000–10,000 crore of leakages in claim payouts leak each year according to a report by Boston Consulting Group and Medi Assist.The report says that fraud and unnecessary claims push up insurance premiums, hurt insurers’ finances and waste public money. It also…