3115. Which is not a recent phenomenon in health insurance industry segment?

Hospital chains are allowed by IRDA to enter health insurance business
Tremendous growth of health insurance business is tapped by standalone companies
Standalone companies are specifically barred from covering rural masses
None of the above
✅ The correct answer is C.
Standalone companies are specifically barred from covering rural masses. Standalone companies are involved in government schemes to provide insurance to rural masses.

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