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Insurance Awareness Day: Industry Leaders Lay Out Action Plans

Insurance Awareness Day: Industry Leaders Lay Out Action Plans

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...
Dispelling Myths: Insurance Ideas

Dispelling Myths: Insurance Ideas

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...

Centre asks depts to timely review employees’ working to prematurely retire non-performers

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...
Health Minister JP Nadda to unveil 3 initiatives on Ayushman Bharat Health

Health Minister JP Nadda to unveil 3 initiatives on Ayushman Bharat Health

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...
Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines

Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines

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...
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