by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
by AIP Online Bureau | Oct 3, 2024 | Health, Indian News, Life, Non-Life
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, “Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, Health, Indian News
The average claim size in India for 2023-24 stands at ₹70,558, up from ₹62,548 in the previous financial year, a significant increase of 11.35%, reflecting the broader surge in healthcare expenses Bengaluru: With rising hospitalisation costs, the average claim size in...
by AIP Online Bureau | Sep 23, 2024 | Eco/Invest/Demography, Features, Health, Non-Life, Policy, Regulation, Technology
J.P. NaddaUnion Health Minister Ayushman Bharat has become a lifeline today, with more than 60,000 patients getting free treatments daily and crores of families getting ‘insulated’ from exorbitant medical expenses New Delhi: Ayushman Bharat has become a...
by AIP Online Bureau | Sep 19, 2024 | Banking & Bancassurance, Briefs, Health
AU Small Finance Bank, the country’s largest small finance bank today announced its partnership with Niva Bupa Health Insurance to offer health insurance products to AU SFB’s customers. Building on Niva Bupa’s existing relationship with Fincare Small Finance...
