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Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience

by AIP Online Bureau | Nov 11, 2024 | Indian News, Life, Reinsurance, Risk Management, Technology

Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...

GST on term life insurance premium, senior citizens’ health cover likely to be exempted

by AIP Online Bureau | Oct 19, 2024 | Health, Indian News, Life, Non-Life

The GoM to decide on the GST rate on life and health insurance met on Saturday and decided to exempt GST on premiums paid for health insurance with coverage of Rs 5 lakh for individuals other than senior citizens. New Delhi: Goods and services tax (GST) on term life...

Climate change to have severe impact on health emergency services globally: Study

by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life

Across all the focus group responses, the top three major risks were pollution, flooding and heatwaves. Three minor risks were cold spells, wildfires and vector-borne diseases, such as malaria Copenhagen: Climate change is likely to have a severe impact on health...

More health packages focused on elderly care likely to be added to AB-PMJAY

by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life

“The committee which decides on health-benefit packages under the scheme is deliberating on the need for adding more health packages, which exclusively tend to geriatric care, as the number of such beneficiaries will go up with the launch of the scheme,”...

Public spending on health overtakes out-of-pocket expenditure in India: Report

by AIP Online Bureau | Oct 1, 2024 | Data, Eco/Invest/Demography, Health, Policy

“For the first time in Indian History public spending on #Health overtakes out-of-pocket expenditure proves PM @narendramodi govt commitment to Healthier Citizens per capita govt expenditure on #healthcare tripled from 2013-14 to 2021-22,” said Prof...
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