By aartimehra184@gmail.com 
IRDAI health insurance hike 10% for senior citizen
IRDAI health insurance hike 10% for senior citizen
The IRDAI has capped annual health insurance premium hikes for senior citizens at 10%. This means insurers cannot raise premiums by more than 10% each year during renewal. For example, if the premium is ₹20,000, it can only increase by ₹2,000, making the new premium ₹22,000. This regulation ensures more predictable costs, helping seniors manage rising healthcare expenses.