Health insurers add material change clauses to raise premiums at renewal without warning

A clause lets insurers rewrite terms midstream

Health insurers are adding a “material change” clause that can let them revise premiums and policy terms at renewal. Experts warn it may clash with IRDAI rules meant to protect continuity and fair pricing. Policyholders are urged to read the fine print carefully, ask for written clarification, and understand how the clause could affect coverage going forward.