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Hospitals’ body AHPI demands restoration of cashless services by Star Health
AHPI strongly insists that cashless services must be restored...
Govt asks insurers to pass on full benefits of 18% GST exemption to both existing and prospective retail Life and Health policyholders
M. Nagaraju, secretary, Department of Financial Services Further,...
No panel formed for extending benefits to cover citizens above 70 under Ayushman Bharat, says govt
Union Minister of State for Health Prataprao Jadhav said 34 insurers and third-party administrators were live and approximately 300 hospitals ramping up to start sending their claims on the National Health Claims Exchange (NHCX), which aims to streamline and fasten...
PSU insurers must reskill their employees and deploy best of technologies, says DFS Secy
From( L to R) , Deepti Gaur Mukerjee, CEO, National Health Authority, Vivek Joshi, secretary, Department of Financial Services(Virtual), Girija Subramanian, CMD, New India Assurance at the 106th Foundation day celebration of New India Assurance The government is...
Head and neck cancers on the rise in India, youth at key risk: Experts
"India is seeing a surge in head and neck cancer cases, especially among young men, due to increased tobacco consumption and Human Papillomavirus (HPV). Around 80-90 per cent of oral cancer patients have been found to use tobacco in some form, be it smoking or...
Budget 2024: TDS reduced on life insurance policy payout from 5% to 2%, receives positive responses from insurers
The introduction of a clause pertaining to non-deductible expenses in Section 37 for life insurance companies may lead to tax litigation. The proposed hike in Capital Gain Tax is expected to impact the tax liabilities for ULIP policyholders Rushabh Gandhi, MD &...
IRDAI slaps a fine of Rs1cr on Care Health, orders it to buy back Rashmi Saluja’s exercised stock options and cancel others
Rashmi Saluja, non-executive chairperson cum director, Care Health Insurance The issuance of stock options of Care Health Insurance to Rashmi Saluja in her capacity as the chairperson of Raligare Enterprises Ltd(REL), the holding company Care Health Insurance, is in...
Union Budget 2024: Govt to exempt three more cancer drugs from customs duty
The three drugs are Trastuzumab deruxtecan, Osimertinib and Durvalumab. The reduction in customs duty may help reduce the financial burden on those battling the deadly disease New Delhi: In a big relief to cancer patients, Union Finance Minister Nirmala Sitharaman,...
Economic Survey highlights urgent need for structured elderly care policies in India
Coupled with insights from a NITI Aayog position paper, the survey pointed out that the elderly care industry in India -- currently valued at USD 7 billion (Rs 57,881 crore) -- faces critical gaps in infrastructure, research and know-how for managing geriatric...
Unemployment rate declines to 3.2 pc, job & skill creation top priority: Eco Survey
According to the Survey, key areas of policy focus in the short to medium term include job and skill creation, tapping the full potential of the agriculture sector, addressing MSME bottlenecks, managing India’s green transition, deftly dealing with the Chinese...
Over 34.7 cr Ayushman Bharat cards generated: Economic Survey
“Considering the multiplier effect of low costs, the scheme saves more than 1.25 lakh crore of out-of-pocket expenditure for poor and deprived families,” Finance Minister Nirmala Sitharaman said New Delhi: More than 34.7 crore Ayushman Bharat cards have been...
Eco Survey calls for paradigm shift to counter rising mental health and obesity issues among Indians
Mental health drags down productivity more widely in the ecosystem than individuals' physical health issues, it noted. Quoting the National Mental Health Survey (NMHS) 2015-16 data, the survey said 10.6 per cent of adults suffered from mental disorders in India while...