Page 21 - Health Insurance

Group covers lead 22% growth in Q1FY23 health insurance premium

Motor insurance premium sees 27.5% rise on a low base

Non-life insurance industry reports a 21% YoY growth in premiums in June

In the June quarter, the non-life insurance industry netted premiums to the tune of Rs 54,492 crore, up 23 per cent YoY

Buy a health policy that covers treatment at home and pays for consumables

Go for cashless treatment where available, as the reimbursement route is more burdensome

Irdai and NHA to develop National Health Claims Exchange to settle claims

Based on a presentation by R S Sharma, CEO of NHA, chairman of Irdai Debasish Panda, has proposed creation of a working group with representation from the industry

Rajasthan takes pole position for health insurance coverage: NFHS report

The National Family Health Survey-5 (2019-21) states 88 per cent of the households have at least one member covered by a health scheme or health insurance in Rajasthan

Your life insurer may soon be able to offer a health insurance policy too

The move is likely to reduce premiums of policies and boost access to affordable health cover

Beyond the dotted line: Sign insurance proposal form after a careful read

A client, and not the insurance agent, has to ultimately bear the consequences of not revealing critical information.

More flexibility for insurers as Irdai eases health product approvals

Move will help firms adapt to changing customer preferences

Irdai extends 'Use & File' procedure to health and general insurance plans

Currently, insurance companies have to obtain prior approval from the insurance regulator to launch new products

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