Insurers seek 10% health insurance co-pay, bills may rise
In short
Insurers want a 10% co-pay on retail health policies. The summary says that, because of non-payable costs, patients could end up paying 15% to 19% of hospital bills.
This could raise costs for policyholders and lower premiums for insurers. It is not stated whether this proposal has been approved or when it would start.
What the reporting says
Insurers want a mandatory 10% co-pay on retail health policies, and the proposal could leave policyholders paying 15% to 19% of hospital bills. The publisher-supplied summary says the push is aimed at lower premiums, but it does not state whether any rule has been adopted or when it would take effect. The immediate impact would be higher out-of-pocket costs for patients if the change is implemented.
Why it matters
Insurers are reported to be seeking a mandatory 10% co-pay on retail health insurance policies. The Business Standard summary says that with non-payable costs, policyholders could end up covering 15% to 19% of hospital bills. The reporting does not say whether the proposal is approved, which insurers are involved, or when any change would take effect.