Rationale For Prohealth Premium Revision

ManipalCigna ProHealth Insurance (UIN: MCIHLIP25024V082425)

ManipalCigna Health Insurance (MCHI) has observed adverse claim ratios for its retail product over the years due to medical inflation and increase in hospitalization incidences. The ultimate incurred claim ratio observed for “ManipaCigna ProHealth Insurance” product during the financial year 2023-24 (up to Q3) is 85.11%. In order to make this product financially viable and self-sustainable, MCHI has increased the premium rates for this product.

ManipalCigna ProHealth Insurance product with revised premium will be effective from 22^nd May’24.