Madhulika Bhaskar, general manager, New India Assurance, said, "...
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NHA launches revamped Ayushman Bharat Health Account mobile app
Elaborating on the app, R S Sharma, CEO, of NHA said, ”The ABHA app...
California parents could soon sue for social media addiction
The bill prepared by California defines “addiction” as kids under...
More than 1 million sexually transmitted infections acquired every day worldwide: WHO
Mother-to-child transmission of STIs can result in stillbirth, neonatal death, low-birth-weight and prematurity, sepsis, pneumonia, neonatal conjunctivitis, and congenital deformities. Over 900 000 pregnant women were infected with syphilis resulting in approximately 350 000 adverse birth outcomes including stillbirth in 2012 .
True North acquires 51 % in Max Bupa Health Insurance from Max India
The all cash transaction values Max Bupa at an enterprise value of Rs. 1,001 crore and is subject to requisite regulatory approvals. Bupa, the existing joint venture partner in Max Bupa, remains committed to the joint venture and will continue to play an active role in the company as before through its Board positions and knowledge exchange initiatives.
At the conclusion of the transaction,True North will nominate directors on Max Bupa’s Board, while Max India’s nominated directors will step down. The use of the Max brand will be phased out over a period of two years and replaced with a suitable name. The Bupa brand name will continue as before.
Anthem, Cigna in court battles over failed merger
Cigna, which would have been acquired by Anthem, says it’s the injured party and is demanding about $15 billion. Anthem, which runs Blue Cross and Blue Shield plans in more than a dozen states, insists it’s owed $20 billion because Cigna dragged its feet to sabotage the deal.
People are paying too much out of their own pockets globally:WHO
In middle-income countries, government health expenditure per capita has doubled since the year 2000. On average, governments spend US$60 per person on health in lower-middle income countries and close to US$270 per person in upper-middle income countries.
Ayushman Bharat CEO says over 12 lakh people availed free treatment under scheme
“For the first time in the history of independent India, health sector has become a political commitment. The government of India has shown its commitment towards strengthening the healthcare eco-system in the country by increasing the investments to 2.5
IRDA asks insurers to launch standard health insurance covers with no add-ons
This standard product should have the basic mandatory covers as specified in the proposed norms which has to be uniform across the market. No additional add-ons or optional covers allowed to be proposed to offer along with the standard product.
SBI takes work-life balance to a new high cutting mechanical lives in the bud
The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs’ immediate family members, also giving them the ability to inform the bank if an employee is not able to leave work on time. Over 27 per cent of SBI staff are women and the average age has now come down to 43, he said.
Once pariahs, tobacco giants like Philip Morris quietly return to Formula-1
Since 2006, Formula 1’s ruling body FIA has been firmly opposed to any advertising or sponsoring of cigarettes or tobacco.
Govt plans over $12 billion in power plant, EV incentives to cut pollution
India has already extended a December 2017 deadline for utilities to meet emissions standards by up to six years as power producers struggle to comply with stringent rules set out by the environment ministry in 2015 to cut emissions that cause lung diseases, acid rain and smog.
Johnson & Johnson supplier seeks bankruptcy over talc lawsuits
A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and asbestos-related mesothelioma.