The report also called for four key actions to tackle the menace....
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Kerala HC issues guidelines on display of treatment rates providing aid in pvt hospitals
In order to ensure transparency, the bench directed that every...
“When in doubt, choose the customer” IRDAI chief asks insurers
“Compliance cannot be a department— it must be a mind-set. And...
UnitedHealthcare CEO shot dead in Manhattan in targeted attack
Brian Thompson, 50, was shot around 6:45 a.m. ET (1145 GMT) outside the Hilton on Sixth Avenue, where the company's annual investor conference was about to take place. He was rushed to a nearby hospital, where he was pronounced dead. Police said the gunman remains at...
MediBuddy launches India Health Care Collaborators to enable insurance-integrated healthcare
The platform, named BuddyCare, serves as a plug-and-play solution for insurers, from comprehensive pre-policy issuance services and real-time risk quantification capabilities to post-policy service delivery for health and wellness Mumbai: MediBuddy, a digital...
Take care of your health first: Mark Mobius tells Gen Z investors
“I recommend maybe 10 per cent, or maybe even 20 per cent of gold in your portfolio. But 10 per cent would be just good. But at the end of the day, you're better off with stocks, with equities as well,” suggested ace global investor Mark Mobius New Delhi: As the GenZ...
PB Fintech floats a healthcare subsidiary for aligning interests between insurers and hospitals
PB Fintech had clarified that it's planned foray into healthcare business is meant for aligning interests between insurers and hospitals that could enhance customer claims experiences and it has no plans to enter the hospital business or owning physical assets like...
FSSAI reclassifies packaged drinking water, mineral water as high-risk food
The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards New Delhi: The FSSAI has reclassified packaged drinking water and mineral water...
No conclusive data to establish direct correlation of disease exclusively due to air pollution: Govt
Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, MoS for Health Prataprao Jadhav...
GST on cigarettes tobacco aerated beverages may be hiked to 35 pc GST Council decision on Dec 21
"The GoM has agreed to propose a special rate of 35 per cent on tobacco and related products and aerated beverages. The four-tier tax slab of 5, 12, 18, and 28 per cent will continue and a new rate of 35 per cent is proposed by the GoM," said the official New Delhi:...
wefox agrees to sell insurance carrier to a group of Swiss companies led by BERAG
wefox has agreed to sell the insurance company to a group of Swiss companies led by BERAG. BERAG is an independent Swiss provider of pension services and in recent years has represented wefox Insurance AG as an MGA in Switzerland and built up the daily sickness...
Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM
Nirmala Sitharaman, Finance Minister "…The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to come...
Insurance (Amendment) Act, 2024: Govt has no composite plans for LIC and PSU general insurance companies
To enable PSU insurers to avail composite licenses, the government needs to amend the two existing Acts- The Life Insurance Corporation Act of 1956 and the General Insurance Business (Nationalisation) Act, 1972 (GIBNA). But, no such provisions have been made in the...