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Tag: What is Incurred Claim Ratio

What is Incurred Claim Ratio in Health Insurance Plans?

November 24, 2021 Suresh KP
What is Incurred Claim Ratio (ICR) in Health Insurance Plans

What is Incurred Claim Ratio in Health Insurance Plans? One of the key parameters in selecting health insurance plans is Incurred Claim Ratio (ICR). In simple terms, it is the ratio of net claims paid by the health insurance company against the net premiums earned during that specific year. If you are planning to take a good health insurance plan, […]

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