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FinanceMint

63% can't switch health plans: CoverSure study

in5points
  1. CoverSure analysis found 63% of policyholders cannot switch health insurance plans.

  2. Under-penetration of health insurance is a known issue in India.

  3. Lock-in clauses and lack of portability options may restrict switching.

  4. Policyholders should compare plans before purchasing to avoid being stuck.

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