Page 21 - Health Insurance

IRDAI eases approval norms for health, general insurance products

Irdai has tweaked 'Use and File' procedure for all health insurance products and almost all the general insurance products in line with the reform agenda taken up towards having a fully insured India

Covid-19 in Taiwan: Insurers brace for over $1 bn in payout amid outbreak

Insurers are looking to limit their losses on policies after underestimating the extent of the Convid-19 cases in Taiwan

Urban Company rolls out health insurance for service professionals

The tech-enabled home services company has tied up with ACKO Insurance to craft this insurance cover.

Opt for critical illness plan with lower survival period clause: Experts

CI plans generally offer global coverage. "Even if the insured is diagnosed with a CI outside India, this plan will make a pay-out," says Vivek Gambhir, a product head at Tata AIG General Insurance

PNB MetLife launches India's first dental health insurance plan

This is the first insurance plan in India that covers fixed-benefit outpatient expenses and provides financial assistance with costs related to overall dental health

Top headlines: Railways-coal sector rift continues, 5G phones for Rs 10,000

Business Standard brings you the top headlines at this hour.

Health insurance coverage up in India but not robust yet, says NFHS

In case of illness, households tilt slightly in favour of the public sector in seeking care compared to the private sector

Pay your health insurance premium on time and enjoy lifelong renewability

Accumulated no-claim bonus and advantage of having crossed waiting period will be lost if you fail to pay your health insurance premium on time

Buy optimal mix of base plan and super top-up to check cost of health cover

If your insurer has hiked the premium rate excessively, consider porting

Health insurance premium rise spurs non-life growth, shows data

While insurers have witnessed a jump in health premiums over the last two years, their claims burden has also gone up.

Group health policies see rise in premiums in renewal cycle, shows data

There was a marginal increase of 0-5 per cent in group health insurance premiums

Health insurers take 20-46 days to settle patients' claims: Report

The claim cost could be 10 to 30 per cent cheaper when the insurance is bought from public sector insurers that have GIPSA rates compared to the service provided by private insurance firms, it said

Health cover premiums shoot up as Covid-19 pandemic threat looms

Premium costs jump 10-15%, driven by large number of claim payouts during pandemic as well as factors such as rising healthcare costs

Paytm integrates govt service to give access to 2,100 blood banks pan-India

Paytm's app also offers access to public health services and Covid vaccines & booster registration, online medicine orders, doctor consultation, lab test booking and health insurance

Employee wellness platform Nova Benefits aims to cover 10 mn lives by 2025

It works with over 250 companies and covers employers with teams as compact as 10 employees.

GST Council did not recommend reducing GST on health insurance: FM

At present, GST on health insurance services is levied at a standard rate of 18 per cent

PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021

Public sector insurers lodged Covid-19 related health insurance claims worth Rs 17,537 crore till December 2021 and more than 93 per cent of the cases were settled, Parliament was informed on Monday.

Youth turn smarter on financial planning amid Covid, but gaps remain: Study

They need hand-holding on life and health insurance, and should not lean on social media influencers, who are often neither qualified nor regulated, say experts

Covid-19 survivors likely to go off health insurance cover wait list

When Covid was at its peak, some insurers had introduced a "cooling-off" period -- a duration during which consumers could not apply for a health insurance policy if they had contracted Covid.

Port your insurance policy to cover home care, consumables: Experts

Around 54 per cent customers in tier 1 cities, 18 per cent in tier 2 cities, and 28 per cent in tier 3 cities ported to a higher health cover