Is Star health insurance claim settlement ratio?

Is Star health insurance claim settlement ratio?

The Company’s health claim settlement ratio of 87% assures timely settlement of your medical insurance claims. … Star Health Insurance Company at a Glance. Features Specifications Claim Settled within 2 hours 90% Pre-existing diseases waiting period 4 years Incurred Claim Ratio* 63% Policy Renewability Lifetime 1 more row

See also  What are the disadvantages of universal health care?