“This marks a shift towards a more facilitative regulatory...
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Insurers have to submit compliance reports on checking “dark patters” in 15 days:IRDAI
Wherever non-compliance is found, an action plan with timelines for...
MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha
“It is the ruthless lapse rules governing life and health insurance...
Capital infusion has helped 3 PSU general insurance cos to improve their business performance, says Sitharaman
``The capital infusion was meant to build their business and strengthen them. So as a result of these, the performance of all these companies has started improving and their losses have come down. In fact, two of the three companies in which capital was infused have...
100% FDI:Lok Sabha passes Insurance Amendment Bill in one day
Finance minister Sitharaman, while speaking in the Lok Sabha, said, “IRDAI being empowered to disgorge wrongful gains made by insurers and distribute them to affected insurance policyholders.We are asking regulators to rationalise the penalty.” The government is yet...
SC agrees to hear plea against Kerala HC verdict that issued guidelines for clinical establishments
Issuing a slew of guidelines, the high court had said each clinical establishment shall prominently display, in Malayalam as well as in English, at the reception or admission desk and on its official website -- a list of the services offered and the baseline and...
Sithraman tables Insurance Amendment Bill, 2025 in Lok Sabha
Nirmala Sitharaman,Union Finance Minister "We want the regulator (Insurance Regulatory and Development Authority of India) also to be more robust. We have taken measures around this in the amendment ranging from better regulatory oversight, ease of compliance,...
Families of private doctors lost on Covid duty cannot be excluded from Rs 50 lakh insurance: SC
The Bombay High Court had previously dismissed her plea for benefits under the Pradhan Mantri Garib Kalyan Yojana Package (PMGKY), holding that Dr Surgade’s work was not officially “requisitioned” as Covid duty New Delhi: The Supreme Court on Thursday ruled that...
India sets its own air standards; global rankings not official: Govt
Responding to a question in the Rajya Sabha on India's position in global indices such as IQAir's World Air Quality Ranking, the WHO Global Air Quality Database, the Environmental Performance Index (EPI) and the Global Burden of Disease (GBD) metrics, the Environment...
Employee medical plan costs in India expected to rise by 11.5 per cent in 2026
The report showS cardiovascular diseases, gastrointestinal conditions, and cancer will continue to be the top drivers of medical costs, with hypertension, high cholesterol, and poor nutrition as leading risk factors. “India’s healthcare landscape is evolving, with...
AB-PMJAY: 2.02 crore claims amounting to Rs 28,732 crore settled in FY25, says govt
The scheme was also expanded to cover 6 crore senior citizens of age 70 years and above belonging to 4.5 crore families, irrespective of their socio-economic status, through the Ayushman Vay Vandana card. 89.51 lakh cards have been issued under the Ayushman Vay...
Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament
Sometimes cashless treatment is denied, sometimes claims are rejected, and sometimes a patient has to chase the insurance company for months for reimbursement. This is exploitation,"Aam Aadmi Party's Rajya Sabha MP Raghav Chadha said in Parliament New Delhi: Common...
Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya
Labour and Employment Minister Mansukh Mandaviya noted that 94 crore people in the country are currently covered under accident, health and pension benefits, placing India just behind China, which covers 107 crore people New Delhi: India has expanded social security...