Rationale For Prohealth Select Premium Revision

ManipalCigna ProHealth Select (UIN: MCIHLIP25025V042425)

ManipalCigna Health Insurance (MCHI) has observed increase in adverse claim ratio 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 Select” product during the financial year 2023-24 is 72.1%. In order to make this product financially viable and self-sustainable, MCHI has increased the premium rates for this product.

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