Business And Markets

Insurers Paid $63m in Covid Bills

Insurers Paid $63m in Covid Bills
Insurers Paid $63m in Covid Bills

Insurance companies in Iran paid 16.7 trillion rials ($63 million) in Covid-related medical bills since the outbreak of the coronavirus pandemic in February 2020.
The Central Insurance company of Iran, the regulatory body of the insurance industry, said on Saturday that hospitalization costs accounted for nearly 36% of the payouts followed by medicinal bills 17% and Covid tests 14%.
Nearly 9% of the payouts was for doctors’ fees. The purpose of 18% of the payments was mentioned. 
The brutal disease accounted for 6% of the payouts to medical insurance policyholders during the period. Nearly half the payments were made between March 2021 and March 2022.


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