Page 3 - Health Insurance
Niva Bupa may take hit of 50-60 bps on combined ratio after GST, ITC change
Niva Bupa expects a modest 50-60 basis point hit from GST-related ITC loss but aims to offset it through higher policy sales, revised distributor commissions, and cost efficiencies
 "Niva Bupa may take hit of 50-60 bps on combined ratio after GST, ITC change")
Health insurance sum insured: Review every 2-3 years to beat inflation
To strike a balance between the need for protection and affordability, combine base policy with super top-up
 "Health insurance sum insured: Review every 2-3 years to beat inflation")
0% GST makes health insurance a hot pick for bigger, long-term cover: Study
Tax-free health cover drives surge in ₹15-25 lakh plans across age groups
 "0% GST makes health insurance a hot pick for bigger, long-term cover: Study")
A good health insurance plan can be a life-saver in more than one way
Here are some of the best health insurance plans for young women living in metro cities
 "A good health insurance plan can be a life-saver in more than one way")
Think your health plan is enough? CA lists 3 must-have add-ons
Simply having health insurance isn't enough. CA breaks down three add-ons that can protect your finances from surprise medical costs.
 "Think your health plan is enough? CA lists 3 must-have add-ons")
Missed your health insurance renewal? Here's the hidden cost beyond money
Missing your health insurance renewal can wipe out benefits, reset waiting periods, and leave you uncovered when emergencies strike
GST reform drives record surge in Policybazaar's insurance traffic
Policybazaar sees highest-ever health and term insurance traffic after GST exemption on premiums, with demand rising up to 2.5x since the policy rollout
 "GST reform drives record surge in Policybazaar's insurance traffic")
Young, earning and healthy? Here's the right health cover for you
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
Multi-line general, health insurers log muted growth after GST revamp
Multi-line general insurers grew 1.94% and standalone health insurers 3.09% in September, while specialised players saw strong premium expansion
 "Multi-line general, health insurers log muted growth after GST revamp")
Hospital bill shock: Tata AIG is third insurer to exit Max cashless network
Tata AIG insurance has become the third insurer to suspend cashless claim services with Max Hospitals
 "Hospital bill shock: Tata AIG is third insurer to exit Max cashless network")
What are the best health insurance plans post-GST reforms for you
Under the new GST 2.0 set of reforms, holders of individual health and life insurance policies will no longer have to pay any tax on the premium amount
 "What are the best health insurance plans post-GST reforms for you")
No GST on insurance a loss for policyholders? What the math shows
Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on expenses like commissions, rent and software, raising their operating
 "No GST on insurance a loss for policyholders? What the math shows")
Hospitals vs insurers: Policyholders bear the brunt of rising medical costs
The simmering conflict came to a head last month when Niva Bupa suspended cashless services at Max Hospitals on August 16, citing unresolved reimbursement issues
 "Hospitals vs insurers: Policyholders bear the brunt of rising medical costs")
GST rejig: No input tax credit for insurers on brokerage, CBIC clarifies
The CBIC has clarified that taxes paid on inputs like brokerage and commission for individual life or health insurance policies cannot be claimed as ITC
 "GST rejig: No input tax credit for insurers on brokerage, CBIC clarifies")
GST cut on insurance may not bring relief, premiums could rise 12-18 %
Nil-rated vs exempt GST status will decide if savings reach you, or if premiums quietly climb instead
 "GST cut on insurance may not bring relief, premiums could rise 12-18 %")
Switching health policy? Seniors must secure written assurance on benefits
On receiving the policy document, check fine print to ensure the commitment has been fulfilled
 "Switching health policy? Seniors must secure written assurance on benefits")
Major reasons life insurance claims get rejected, decoded by experts
From missed disclosures to policy lapses, experts break down the biggest reasons for health claim rejections and share simple steps to keep your coverage dispute-free.
OPD insurance cover rises four-fold in 3 years: What are its benefits
Rising health care costs make OPD cover mainstream, with more Indians using it for doctor visits, tests and medicines
More senior citizens opt to port health insurance policies: Experts
Innovation, digital ease driving the shift, say insurers
 "More senior citizens opt to port health insurance policies: Experts")
GST cut on health insurance: Policyholders may use free-look period option
Policyholders may delay their insurance purchases using the free look period option to benefit from the nil GST on premiums, effective from September 22
 "GST cut on health insurance: Policyholders may use free-look period option")