Signal Desk · Economy

15 insurers paid over 95% of approved health claims within a month

2026-10-26 · 1 source · Economic Times Wealth

In short

ILM Research data says 15 of 31 non-life insurers paid over 95% of approved health claims within a month in financial year 2025-26. The rest of the insurers were slower, including on cashless hospital claims.

This matters because faster claim payment can reduce stress for policyholders after hospitalisation. The reporting does not name the fastest or slowest insurers.

What the reporting says

Data from ILM Research shows that 15 of 31 non-life insurers paid more than 95% of their approved health claims within a month in financial year 2025-26. The same summary says the rest were slower, including cashless hospitalisation claims where policyholders do not pay out of pocket. What is still unknown is the insurer-by-insurer ranking and whether the pace improved or worsened versus prior years.

Why it matters

According to ILM Research data cited in the publisher summary, 15 of 31 non-life insurers paid more than 95% of approved health claims within one month in FY2025-26. The rest lagged behind, including on cashless hospitalisation claims. The story is relevant to health insurers, policyholders and claims processing, but it does not provide company-specific rankings or trend comparisons.

Touches: Insurance, Healthcare, Companies

Sources