At present, the social welfare department provides monthly financial assistance of Rs 2,500 under the 'Subsistence Allowance/Financial Assistance to Persons with Special Needs' scheme
Experts break down how much cover young earners really need and how to strike the right balance so you don't overpay or, worse, stay underinsured when medical bills hit
ICICI Lombard, Care Health and Aditya Birla Health Insurance have lowered commission payouts on retail policies as GST on health premiums goes nil and ITC norms tighten
Policyholder grievances against health insurers jumped 21.7% in FY24, with Star Health leading by a wide margin, followed by CARE and Niva Bupa, Ombudsman data shows.
Last week, AHPI had directed member hospitals to suspend cashless services for Bajaj Allianz policyholders from September 1, citing unresolved disputes over tariffs with hospitals
The industry has grown in scale and ambition, but outdated reporting norms are being replaced-backed by regulations and market pressure-for better transparency and lasting sustainability
The move is aimed at strengthening oversight of the portal and improving transparency in pricing and billing practices across the health insurance sector, Reuters reported
Unlimited health insurance is beneficial but not enough; policyholders must opt for plans with recharge, cumulative bonus and super top-up features to beat medical inflation
