The 2023 Study, drawing on from 294 insurers covering 1,040...
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Gender differences in mortality outcomes from fatal and non-fatal events in 2021: Lancet Study
Women around the world were also found to be disproportionately...
Walmart to shut all health clinics in US over lack of profitability
"Healthcare is expensive to run. We were finding that the increased...
Govt guarantee of Rs 30,600 cr to NARCL for acquiring stressed assets: FM
”It will incentivise quicker action on resolving stressed assets thereby helping in better value realization. India Debt Resolution Company Limited (IDRCL) will engage market expertise for value enhancement. This approach will also permit freeing up of personnel in banks to focus on increasing business and credit growth,” Finance Minister Nirmala Sitharaman said.
As the holders of these stressed assets and SRs, banks will receive the gains and the guarantee will also enhance liquidity of SRs as such these instruments are tradable, she added.
EU launches health crisis body to prepare for future pandemic
The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical production and help build stockpiles.
If a new health crisis struck, it would activate emergency funding and help coordinate monitoring, procurement and purchase of medical equipment or treatments.
The authority is partly designed to avoid a repeat of the ad hoc measures taken by individual EU countries at the start of the COVID-19 pandemic, some of them inefficient, others coming at the expense of other EU members.
Unvaccinated children suffering Covid-19 impact, Americas health agency warn
So far, the only vaccine approved by the WHO for adolescents is the Pfizer Inc shot, while Moderna Inc has asked for emergency use approval of its vaccine for 12-15-year-olds, according to PAHO Assistant Director Jarbas Barbosa.
He said China’s Sinovac Biotech and Sinopharm have also requested WHO approval or the use of their vaccines for adolescents and children from 3 to 17 years old.
Eating wild meat significantly increases zoonotic disease risk: UN report
According to the report, there is strong evidence that zoonotic disease outbreaks are linked to human activities, as is strongly believed by many scientists in the case of the current COVID-19 pandemic.
The taking of wild meat and consumption has been identified as the direct and causative agent for the spill-over into humans for Monkeypox virus, SARS, Sudan Ebola virus and Zaire Ebola virus, with subsequent human-to-human transmission.
Total market cap of listed InsurTechs surpasses $22 billion in 2020:Capgemini Report
For the first time, 50% of customers today are willing to consider coverage from a new age player.
“As traditional insurers expand their ecosystems to remain competitive, they must increasingly consider the value achievable through trusted partners, including BigTechs, InsurTechs and non-traditional players like original equipment manufacturer (OEMs). The numbers clearly suggest that exponential InsurTech growth is here to stay, so delivering superior customer CARE(Convenience, Advice and Reach) is essential. Future success in the industry will depend on players’ existing capabilities across the value chain, willingness to invest, and desire to own the customer relationship,” said John Berry, CEO of Efma.
GST Council to meet on Friday; rate review, tax concession to 11 COVID drugs on cards
The Council, comprising central and state finance ministers, will deliberate on the proposal of extending the existing concessional tax rate structure on Amphotericin B, Tocilizumab, Remdesivir, and anti-coagulants like Heparin, till December 31, 2021, from the present September 30.
Tax rate on Amphotericin B, Tocilizumab was cut to ‘Nil’, while Remdesivir and Heparin were reduced to 5 percent in June 2021.
The Council on Friday may also discuss the proposal of reducing GST from 12 percent to 5 percent to seven more drugs till December 31, 2021. These are Itolizumab, Posaconazole, Infliximab, Bamlanivimab & Etesevimab, Casirivimab & Imdevimab, 2-Deoxy-D-Glucose, and Favipiravir.
Asia supercharges vaccination efforts after slow start, U.S. lags
While each country’s inoculation strategies differ, Asia’s momentum reflects pent-up demand for the shots as a means to ease lockdowns, said Paul Griffin, an infectious disease expert at the University of Queensland in northeast Australia.
Australia is giving priority supplies to its largest cities, which are in lockdown to contain a third wave of infections fuelled by the Delta variant. It expects to have enough to complete vaccinations of those older than 12 by mid-October. read more
Japan has overcome initial logistics hurdles to give about a million shots a day since mid-June, as urgency has grown after Delta unleashed an unprecedented wave of infections and serious cases in August.
Allianz Partners expands its Digital Health Assistant to ten markets in Asia-Pacific
“We are very excited to bring Digital Health Assistant to our customers and partners in the Asia-Pacific region. Allianz Partners’ focus on accelerating its Digital Access to Care initiatives comes at a time of increasing demand for telehealth solutions and comprehensive digital health services particularly in the context of the ongoing Pandemic. We’ve reached a new milestone in bringing peace of mind and reassurance to our customers with this all-in-one platform. Allianz Partners will continue to invest in bringing market leading health and mental wellbeing solutions to support our customers and communities,” comments Vinay Surana, CEO Asia Pacific, Allianz Partners.
India records 27,176 fresh cases of COVID-19, 284 deaths
The cumulative doses administered in the country so far under the nationwide vaccination drive has reached 75.89 crore according to the ministry.
Woman accuses fertility doctor of secretly using own sperm
The case is one of more than 20 instances in recent years where fertility doctors have been accused of using their own sperm, rather than samples from anonymous donors, to treat patients. The discovery of such scenarios has been made possible with the rise of genealogy sites like Ancestry.com and 23andMe.