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    <title>Irdai caps health insurance premium hikes for senior citizens at 10 pc per annum</title>
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    <description>Irdai directed general and health insurers offering indemnity based individual health insurance to senior citizens (age 60 and above) not to revise premiums for senior citizens by more than 10 per cent per annum, and requires prior consultation with the regulator where proposed increases exceed that threshold; the regulator will continue close monitoring of such products, noting that premiums primarily reflect estimated claim outgo and insurer expenses.</description>
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