by AIP Online Bureau | Jun 28, 2024 | Eco/Invest/Demography, Features, Health, Intermediaries, Main Menu, Non-Life, Policy, Regulation, Risk Management
The journey towards widespread insurance coverage begins with informed individuals and families. India’s insurance penetration rate for 2023-24 is anticipated to be 3.8%, with life insurance penetration expected to be 2.9%. These figures underscore the pressing...
by AIP Online Bureau | Jun 28, 2024 | Articles, Eco/Invest/Demography, Health, Non-Life, Risk Management
Insurance awareness doesn’t stop at understanding the importance of insurance or the urgency to purchase it; knowing how much coverage is sufficient is also a key challenge that we, as insurers, aim to address Vikas Mittal, Deputy CEO, Magma HDI General...
by AIP Online Bureau | Jun 28, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
In an order, the Department of Personnel and Training (DoPT) asked ministries concerned to direct the public sector undertakings (PSUs), banks, autonomous institutions and statutory bodies under their administrative control to undertake the exercise of periodic review...
by AIP Online Bureau | Jun 28, 2024 | Health, Indian News, Non-Life, Regulation
JP Nadda,Union Minister for Health and Family Welfare The Union Health Minister will launch a virtual National Quality Assurance Standards (NQAS) assessment for Ayushman Arogya Mandirs (AAM) Sub-centres. This will represent a significant innovation in the quality...
by AIP Online Bureau | Jun 28, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Nirmala Sitharaman, Union Finance Minister The experts also highlighted that, under the Ayushman Bharat Scheme, patients often need to go to private hospitals because 85 per cent of tertiary care beds are in the private sector. They suggested implementing a co-payment...