Insurance companies are still facing hefty medical insurance bills related to the coronavirus pandemic. Latest figures show 83.8% growth in medical insurance payouts during the first 11 months of the calendar year that ends on March 20.
The Central Insurance company of Iran said the medical insurance segment now tops the list in terms of share of payouts alone accounting for 195 trillion rials ($752 million) or 36% of the total.
Insurers collectively paid for 47.4 million cases during the period 93% of which were for medical insurance policy holders.
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