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

A. Hospital chains are allowed by IRDA to enter health insurance business

B. Tremendous growth of health insurance business is tapped by standalone companies

C. Standalone companies are specifically barred from covering rural masses

D. None of the above

Answer: Option C

Solution(By Examveda Team)

Standalone companies are specifically barred from covering rural masses. Standalone companies are involved in government schemes to provide insurance to rural masses.