Page 27 - Health Insurance

No immediate worry about solvency due to surge in Covid claims: Irdai chief

Irdai Chairman Subhash Chandra Khuntia talks to Subrata Panda on a range of subjects including shareholding of banks in insurance firms

High demand for comprehensive health policies as Covid cases soar again

Covid plans were in huge demand last year but have since petered out

LIC paid Rs 1.34 trn as claims to policyholders in FY21, marking growth

State-owned insurer said it procured 2.1 crore policies in FY21, out of which 46.72 lakh were in March

Be mindful of sub-limits on mental illnesses in your insurance cover

OPD covers compensate for counselling sessions, but these always have a sub-limit

Cash-strapped patients with Covid-19 infection can consider loans

In a health emergency, speed of disbursement is more important than cost

What you should do to soften the blow of second Covid wave on your finances

This is a time to focus not on maximising upside gains but curtailing downside risks

Low sum insured, sub-limits give rise to partial payouts: Experts

Supplement a policy with a substantial emergency corpus

Consumers opted for higher sum insured policies due to Covid: Policybazaar

This indicates a sharp increase in awareness and demand for high cover protection policies

A snapshot of health insurance policy premium rates offered by companies

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

Rajasthan govt to roll out health insurance coverage scheme on May 1

Rajasthan will roll out its ambitious universal health insurance coverage scheme on May 1, the registration process for which will start from April 1, Chief Minister Ashok Gehlot said on Saturday.

Insurers see adverse claim ratio on Covid-specific health products

The regulator's two Covid standard products - Corona Kavach and Corona Rakshak - have covered more than 4.7 million lives

Irdai extends timeline for sale and renewal of Covid specific products

Earlier, insurance companies were allowed to offer these policies till March 31, 2021

US President Biden expands 'Obamacare' by cutting health insurance costs

Biden has pledged that his $1.9 trillion rescue package would build on the promise of the Affordable Care Act, the hallmark legislation of Barack Obama's presidency that became a law 11 years ago

Health insurance claim rejection: Insurers may turn more cautious

Onus may now shift to them to justify rejection after Irdai's circular

Health cover: Irdai rule gives consumers more freedom, say experts

Barring insurers from raising prices by adding benefits may also lead to better pricing: Experts

Covid-19 insurance claims spike as infection cases surge in March

Insurers have received 938,640 claims, of which 796,247 have been settled

Axis Bank to acquire 9.9% stake in Max Bupa Health's promoter entity

Max Bupa Health Insurance is as a joint venture between private equity group True North and Bupa.

Vidal Health Insurance buys Vipul MedCorp TPA for an undisclosed amount

In general, these admin­istrators are independent, but can also act as an entity belonging to the insurers

Only private doctors on Covid-19 duty covered by govt insurance: HC

The Bombay HC refused relief to the widow of a private doctor, citing that the Rs 50 lakh insurance cover included only those private medical practitioners who were drafted for COVID-19 duties.

Comparing insurance products difficult? Opt for a standard policy

Evolved buyers with specific needs should go for comprehensive personal accident cover