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Page 22 - Health Insurance

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 insurers take 20-46 days to settle patients' claims: Report
Updated On : 17 Apr 2022 | 3:18 PM IST

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

Health cover premiums shoot up as Covid-19 pandemic threat looms
Updated On : 16 Apr 2022 | 6:10 AM IST

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

Paytm integrates govt service to give access to 2,100 blood banks pan-India
Updated On : 11 Apr 2022 | 2:17 PM IST

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.

Employee wellness platform Nova Benefits aims to cover 10 mn lives by 2025
Updated On : 07 Apr 2022 | 11:45 PM IST

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

GST Council did not recommend reducing GST on health insurance: FM
Updated On : 04 Apr 2022 | 11:14 PM IST

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.

PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021
Updated On : 04 Apr 2022 | 3:56 PM IST

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

Youth turn smarter on financial planning amid Covid, but gaps remain: Study
Updated On : 03 Apr 2022 | 9:12 PM IST

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.

Covid-19 survivors likely to go off health insurance cover wait list
Updated On : 19 Mar 2022 | 6:03 AM IST

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

Port your insurance policy to cover home care, consumables: Experts
Updated On : 15 Mar 2022 | 6:05 AM IST

Market correction a chance to allocate more to equities, albeit gradually

Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt

Market correction a chance to allocate more to equities, albeit gradually
Updated On : 13 Mar 2022 | 8:28 PM IST

A snapshot of health insurance premium with super top-ups with details

Here's how the health insurance premium rates offered by various companies stack up

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Updated On : 11 Mar 2022 | 1:02 PM IST

Health insurance premiums drive non-life industry growth, shows data

Group premiums grew 30% against 17% growth in retail segment

Health insurance premiums drive non-life industry growth, shows data
Updated On : 19 Feb 2022 | 6:05 AM IST

Still have 80D limit? Avail of deduction on health check-up, say experts

To make use of Section 80DDB deduction, get a specialist's certification

Still have 80D limit? Avail of deduction on health check-up, say experts
Updated On : 17 Feb 2022 | 10:14 PM IST

Budget 2022: Healthcare providers seek favourable insurance policy

Healthcare providers suggest that the Union government bring in a favourable policy in the upcoming Union Budget to encourage all Indians to opt for health insurance

Budget 2022: Healthcare providers seek favourable insurance policy
Updated On : 31 Jan 2022 | 12:44 PM IST

Covid provision pool lowered, but 'we got you covered': Life insurers

As claims burden drops, life insurers hold enough reserves, cushioning balance sheet against risk

Covid provision pool lowered, but 'we got you covered': Life insurers
Updated On : 25 Jan 2022 | 6:04 AM IST

Omicron impact: Demand for health insurance products picks up pace

Recent data suggests that non-life insurers have settled more than 2.75 million Covid health claims

Omicron impact: Demand for health insurance products picks up pace
Updated On : 11 Jan 2022 | 6:08 AM IST

Senior citizens should buy health plans with lifelong renewability option

Buy a plan with a short waiting period for pre-existing diseases and low co-pay

Senior citizens should buy health plans with lifelong renewability option
Updated On : 31 Dec 2021 | 11:28 PM IST

Zone-wise premiums, consumables cover now available in health insurance

While policies with more robust features are becoming available, subscribers should watch out for sub-limits and caps.

Zone-wise premiums, consumables cover now available in health insurance
Updated On : 25 Dec 2021 | 1:21 AM IST

Incurred claims of standalone health insurers grow at slower pace in FY21

The incurred claims of the overall general insurers too grew at a lower rate of 2.92 per cent compared to 7.26 per cent during financial year 2019-20

Incurred claims of standalone health insurers grow at slower pace in FY21
Updated On : 22 Dec 2021 | 11:10 PM IST

A snapshot of health insurance premium rates with Rs 1 crore sum insured

Here is how the health insurance premium rates with Rs 1 cr sum insured offered by companies stack up

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Updated On : 17 Dec 2021 | 1:39 PM IST