Changing your health insurer? Your waiting period may not start all over again

Health insurance policyholders in India may not have to start their waiting period all over again when switching to a new insurer. This is due to health insurance portability rules, which allow certain continuity benefits to be carried over to a new policy. However, this protection is not unlimited, especially when the policyholder increases their coverage. This means that some benefits may still be subject to a waiting period, but others may be exempt.

Why it matters

Health insurance portability allows policyholders to carry certain benefits to a new insurer, but it does not provide unlimited protection. This means that policyholders may still face some waiting periods or limitations when switching insurers.

Market impact

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