365Telugu.com online news,Hyderabad, November 28, 2024: Star Health Insurance, India’s leading standalone retail health insurance company, has reinforced its commitment to the people of Andhra Pradesh (AP) and Telangana with exceptional milestones.
Operating nearly 100 branches and supported by a robust network of over 76,000 agents and 1,350 employees, the company has insured over 8.17 lakh lives in the region.
Over the last five years, Star Health has settled claims worth ₹3330 crore in AP and Telangana, reflecting its dedication to accessible and comprehensive healthcare solutions. The company is now aiming to double its business in these states within the next four years.
Focus on Comprehensive Healthcare
Highlighting the significance of AP and Telangana, Mr. Sanath Kumar, Executive President, Star Health Insurance, remarked:
“These states are pivotal to our operations due to their diverse population and advanced healthcare infrastructure. We have intensified efforts to improve insurance penetration, particularly at the gram panchayat level, through targeted awareness drives and innovative healthcare solutions tailored to local needs.”
Pioneering Initiatives
Star Health Insurance has introduced several groundbreaking initiatives:
- Home Healthcare Service: Launched in major cities like Hyderabad, Vijayawada, Visakhapatnam, and Tirupati, this service ensures high-quality healthcare access from the comfort of customers’ homes.
- Braille Policies: The “Special Care Gold” policy, specifically designed for individuals with over 40% disability, empowers visually impaired individuals to access health insurance independently.
- Free Telemedicine Services: Addressing healthcare accessibility challenges in remote areas.
- CSR Initiative – Star Arogya Digi Seva: Combining telemedicine with Mobile Health Units, this program targets rural healthcare needs in Visakhapatnam and Vizianagaram, focusing on non-communicable diseases, diabetes management, and nutritional awareness.
In FY24 alone, Star Health settled claims worth ₹920 crore in AP and Telangana, contributing to its nationwide record of over 1.1 crore claims worth ₹52,000 crore since its inception. Processing claims worth ₹25 crore daily, the company approves approximately four claims every minute, underscoring its efficiency.
As part of the IRDAI’s ‘Insurance for All’ mission, Star Health has adopted Andhra Pradesh to enhance insurance awareness and accessibility. The campaign has reached over 4,035 gram panchayats, transforming lives through health camps and insurance education.
Star Health Insurance’s continued investments in innovative, inclusive, and customer-centric solutions are a testament to its dedication to the welfare of millions in AP and Telangana. By bridging gaps in rural and urban healthcare systems, the company aims to drive a healthier and more insured Bharat.