"The total cost for the insurance companies is calculated to be around two billion dollars," said Hitotsubashi University's professor Ryuji Yasuda.
"Economically, it is a huge damage," he said, adding that the measures had also raised a distrust of insurers among consumers that could inflict long-term damage on the industry.
"Now the policy holders view everybody as cheaters. It creates some very irresponsible activity of the consumer. In the US, unless you claim, you are not paid -- it is your responsibility.," he said. "But here, unfortunately, they are overprotecting the consumers," he said.
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