Page 12 - Health Insurance

How diabetes-specific insurance plans offer coverage and benefits

Policies assist those already suffering from the disease and most cost only around 20% more

After poor show in Sept, non-life insurers' premiums up 15.5% YoY in Oct

Demand for health and motor insurance to continue though growth may dip, say experts

Global health cover comes as a lifesaver for high-flyers: Experts

But examine countries covered and claim settlement mode

Irdai sets up consultative committee to increase health insurance

15-member panel asked to identify challenges for health insurance business

Motor insurance picked up pace, grew neck and neck with health in H1FY23

Motor insurance, which saw muted growth in the last two years, has finally seen some momentum, although the base is low

ICICI Lombard Q2 net up 32% to Rs 591 cr on reversal of tax provision

Gross direct premium income up 17% to Rs 5,185 cr; combined ratio, which indicates underwriting discipline, stable at 105.1%

Aditya Birla Capital joins race to acquire life insurer Reliance Nippon

Reliance Capital holds 51 per cent stake in RNLIC and Nippon Life of Japan the rest

A snapshot of health insurance plans offered by companies with details

Here is how the health insurance rates offered by various companies stack up

A snapshot of health insurance plans offered by companies with details

Here is how the health insurance plans offered by various companies stack up

Hospitals flag concern about new CGHS rates for patient admissions

Hospitals asked to give 20% discount on MRP of medicines, say term is unviable for them

A snapshot of health insurance plans offered by companies with details

Here is how the health insurance plans offered by various companies stack up

Irdai reduces number of returns to be filed for health insurance

Easing compliance burden for insurers, regulator Irdai on Tuesday rationalised health insurance business returns reporting norm by reducing the number of returns that need to be filed in a year. Insurance Regulatory and Development Authority of India (Irdai) said the move is part of promoting ease of doing business for insurance companies and it has been constantly striving to reduce the compliance burden for all the regulated entities. Towards this endeavour, the health insurance returns being filed by the insurance companies have been significantly reduced, it said in a circular. "Now, the general and health insurers will have to file 8 returns and life insurers will be filing 3 returns in place of 17 returns being filed currently. This step will further help insurers in focusing on their business rather than a plethora of compliances and in turn help in increasing the insurance penetration in country," it said. These revised reporting norms will be applicable with immediate ...

Sachin Bansal-led Navi Tech gets Sebi green signal for Rs 3,350 cr IPO

The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra

Delhi HC rejects student's plea seeking health insurance for air pollution

The Delhi High Court dismissed a petition moved by an LLM student who sought compensation of Rs 15 lakh and Health Insurance of Rs 25 Lakh on account of air pollution in the national capital

A snapshot of term insurance plans with 2 riders offered by companies

Here is how the term insurance plan rates offered by various companies stack up

Ombudsmen disposed of 32% more complaints against insurers in 2021-22

Complaints relating to health insurance made up a third of the total number cases disposed of in 2020-21, a period marked by the first wave of Covid-19

60% people delay treatment due to lack of health cover, reveals survey

Around 60 per cent respondents have been delaying treatment due to lack of health cover and 67 per cent who have medical insurance find it difficult to understand, a study by Pristyn Care Data Labs said on Wednesday. According to the study conducted during August 1-25, 2022 by the startup firm, a vast majority of people want alternative treatments such as ayurveda, unani, siddha, homeopathy and naturopathy to be covered under health insurance. "India has the lowest rates of health insurance penetration and COVID-19 induced medical inflation has caused people to delay surgeries. Elective surgeries are not life-threatening but any delay can impact the overall quality of life," Pristyn Care co-founder Harsimarbir Singh said in a statement. With the rising costs of medical treatments in the country, as per the study, nearly 60 per cent of the respondents are delaying treatment due to the lack of any health cover. The survey based on inputs received from over 1,100 people and internal d

Use technology to make insurance affordable, says Irdai chairman Panda

Panda also nudged the industry to come out with solutions that are pocket-friendly

Manipal Cigna seeks 30% growth in health insurance: CEO Prasun Sikdar

High claims for Covid-19 a challenge for the industry, says the senior executive

Can the new Irdai chief bring in much-awaited reforms in insurance sector?

For Irdai Chairman Debasis Panda, LIC's fortune and reforms in health insurance sector will be the two most difficult tests to pass