1,00,255 claims paid amounting to Rs. 1,990.57 crore under PMSBY 5,93,316 claims paid amounting to Rs. 11,866.32 crore under PMJJBY https://www.taxtmi.com/news?id=25685 Aggregate claim experience to 31.3.2022 showed claim ratios exceeding 100% for PMJJBY and PMSBY. A Government constituted Committee and IRDAI recommended upward revision of premium rates to keep the schemes viable, and premium rates were revised accordingly. The schemes operate as universal social security programmes open to specified age groups and are implemented through listed private insurers as of 31.5.2022. en-us Mon, 08 Aug 2022 18:47:20 +0530 Mon, 08 Aug 2022 18:47:20 +0530 TaxTMI RSS Generator 1,00,255 claims paid amounting to Rs. 1,990.57 crore under PMSBY 5,93,316 claims paid amounting to Rs. 11,866.32 crore under PMJJBY https://www.taxtmi.com/news?id=25685 Aggregate claim experience to 31.3.2022 showed claim ratios exceeding 100% for PMJJBY and PMSBY. A Government constituted Committee and IRDAI recommended upward revision of premium rates to keep the schemes viable, and premium rates were revised accordingly. The schemes operate as universal social security programmes open to specified age groups and are implemented through listed private insurers as of 31.5.2022. News - Mon, 08 Aug 2022 18:47:20 +0530 https://www.taxtmi.com/news?id=25685