Bajaj Allianz Unveils State-Lise Health Insance Cover – ryan

Bajaj Allianz General Insurance on Thursday said that it was unveiling state-vise health insurance policies Whose Premiums Factor in Each State’s Specific Healthcare Dymamics.

With Significant Variance in Treatment Availability, Medical Costs and Healthcare Needs Across regions, The Product Has Been Customized by Factoring in Local Hospital Infrastructure, Affordability Levels and Prevalent Health Concerns.

In doing so, it has gone beyond the traditional one-size -fs -all Model Approach, The Company SAID.

The Private General Insurr is Targeting A New Customer Segment, Whiche Requires Health Insurance The Most But is Constrain by the Costs. Head of Health Adminration Team Bhaskar Nerurkar Said that the Focus Was on ‘The Missing Middle’ ‘, While at a Brover Level Insature for All Was the Emphaisis. The Product’s Enhanced Affordability is Bound to Attract the Urban Lower Middle Class and the Rural Middle Class,, He added.

On How Much The Direction in Premium Couelf Be 10-15% Across states. The Concept Builds on the Existing Zones Insh Insurrs Have Divred The Market and Determined the Premium. The New Product is Available in Both Individual and Floater Variants.

MD and CEO TAPAN SINGEL SAID from Treatment Costs to Disease Patterns, Healthcare Challenges Vary Across Regions and Insurance Must Evolve to Reflect this Reality.