The median out-of-pocket medical expenditure per hospitalisation...
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J&K blacklists Reliance General Insurance for 2 yrs for lapses in implementing its employees’ health schemes
It is not clear how the order of the J&K Government will be...
Viksit Bharat not just about GDP but inclusive aspirations and shared prosperity: Sitharaman
Nirmala Sitharaman,Union Finance Minister Highlighting inclusivity,...
100% FDI: Indian Govt issues norms to ease compliance for foreign investment in insurance
The proposed changes to the Amended 2015 Rules make it clear that the government’s intent is not limited to encourage foreign investment in the insurance sector, but it extends to provide a more friendly regulatory environment to both the new foreign entrants, as well...
HDFC Ergo expects 3%-5% margin pressure on its retail Health products without ITC
``We have already passed on the full zero GST benefit to new retail health policyholders .The policyholders will save a lot in case of a long term health insurance policy. Though, it is early days to calculate exactly the higher cost of retail health portfolio without...
Expanding Life and Health insurance can boost ASEAN growth, says a Study
In partnership with PwC, the study evaluates the social and economic impact of insurance in six ASEAN countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. A 50 per cent growth in non-life insurance coverage is projected to yield up to 3.1...
Insurers start passing on full benefits of zero GST on retail Life and Health covers
``The net outgo for individual consumers has been reduced for products like Health Insurance, Personal Accident & Travel Insurance, maintaining the same policy coverage and claims servicing standards'' Naveen Chandra Jha, MD and CEO, SBI General Insurance New...
Heat, Air Quality & Insurance Costs: How climate change is affecting our homes – and our health
Ang Li, Melbourne School of Population and Global This year, ten days of extreme heat in Europe killed roughly 2,300 people, severe flooding on the New South Wales coast left more than 48,000 stranded, and wildfires in Los Angeles destroyed at least 16,000 homes and...
Central drugs labs find 32 samples to be ‘not of standard quality’ in August
Additionally, the state drugs testing laboratories identified 62 samples as “not of standard quality” (NSQ) in the month under review, they said. In August, three drug samples from Bihar were identified as spurious, which were manufactured by an unauthorised...
‘GST bachat utsav’: Taxes on wide range of goods, services to be reduced starting Monday
Underlining that the mantra of ‘Nagarik Devobhava’ is clearly reflected in the Next Generation GST reforms, the PM highlighted that when the income tax relief and GST reductions are combined, the decisions taken over the past year will result in savings exceeding ₹2.5...
AHPI, Star Health announce restoration of cashless services at hospitals from Oct 10
It was also agreed that the parties will make all efforts to ensure that the other outstanding issues, including tariff revisions, are resolved by October 31, a joint statement said New Delhi: The Association of Healthcare Providers of India (AHPI) and the Star Health...
Accessing Healthcare in Asia: Patients’ pain points
Following a diagnosis, almost 40 per cent of patients turn to digital sources, such as AI, when making decisions about their care. This reflects patients' desire to fill gaps in their knowledge and highlights a crucial need for trustworthy online resources. Patients...
IRDA chairman asks insurers to pass on full benefits of zero GST to customers
Ajay Seth,chairman,IRDAI Seth asked the insurers to strengthen and establish service standards for market conduct, compliance, risk management, and internal audit functions, along with creating a standing forum at the Life Council to examine Court awards and derive...