Max Bupa clears Rs 150-cr Covid claims

New Delhi Max Bupa Health Insurance Company (Max Bupa) has settled over Rs 150 crore as Covid claims to as many as 14,500 customers so far and is closely watching the impact on policy premium, a senior company official said on Sunday. The second wave of the pandemic is much bigger and stronger than the first wave and as a result the claims on account of Covid have gone up sharply, said the official.

"At Max Bupa we have paid Covid claims to total of 14,500 customers. In the year 2020 it was around 10,000 in a span of eight months whereas in 2021 we have witnessed 4,500 claims in a span of just three months. We have settled Covid claims of more than Rs 150 crore with an average claims size of Rs 1.45 lakh," Bhabatosh Mishra, Director Underwriting, Products and Claims, Max Bupa told.