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Health

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Apollo Hospitals, a $2 bn health empire, makes a comeback

Health-care is becoming one of India’s largest businesses, with the size of the hospital industry projected to more than double to $133 billion over the next four years, according to the government’s India Brand Equity Foundation. Most patients pay health costs out of pocket, but incomes are rising and the insurance industry is developing. More Indians could be insured over the coming decades as Prime Minister Narendra Modi’s government expands a new initiative to provide health insurance for the poorer half of the country’s population.

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Nation needs a break: Indians feel most vacation-deprived in the world

Vacation deprivation is on the rise, and 75 per cent of Indian feel vacation deprived which is the highest in the world followed by South Korea (72 per cent) and Hong Kong (69 per cent), according to the annual Expedia 2018 Vacation Deprivation Report.Indian workers also do not take all vacation days and rank five to leave their vacations unused after Japan, Italy, Australia, New Zealand.

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Indians work hardest, happy with working 5 days a week, says study

Mexico was the second-highest at 43 per cent of workers, followed by the US at 27 per cent, according to the culture study survey by US-based multi-national workforce management firm Kronos Incorporated.The UK (16 per cent), France (17 per cent) and Australia (19 per cent) are the least content with the standard five-day workweek, it added.

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WHO guidelines: Management of physical health conditions in adults with severe mental disorders

People with SMD have a 2-3 times higher average mortality compared to the general population, which translates to a 10-20 year reduction in life expectancy . People with bipolar disorder and schizophrenia have been shown to have higher rates of mortality in both high and low-income settings. The majority of these premature deaths are due to physical health conditions.

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Italy’s Generali to stop insuring new coal plants

Generali’s action, which comes ahead of a United Nations climate change conference in Poland in December, is the latest by a big insurance company that targets the coal industry as part of efforts move towards a lower carbon economy.In late 2017, French insurer AXA said it planned to disinvest further from the coal industry. Others that have taken steps include Scor, Swiss Re and Zurich Insurance.

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China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit

Ping An Healthcare Technology covers the medical data of more than 800 million Chinese citizens, its parent company’s deputy chief executive officer, Jessica Tan, told investors in November last year. It has been able to help local governments in 250 Chinese cities reduce medical insurance expenditures an average 10 percent by preventing fraud, Tan said at the time.

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