Page 4 - Health Insurance

Andhra cabinet clears universal health policy offering cover up to ₹25 lakh

The Andhra Pradesh cabinet headed by Chief Minister N Chandrababu Naidu on Thursday approved a proposal to invite tenders from insurance companies to extend universal health policy, which will offer healthcare services up to Rs 25 lakh, said Information and Public Relations Minister K Parthasarathy. Addressing a press conference at the Secretariat, he said over five crore people are expected to benefit from the universal policy. "The cabinet has approved the proposal prepared to invite tenders from insurance companies to extend universal health policy under Ayushman Bharat-PMJAY - Dr NTR Vaidya Seva scheme in hybrid mode," said Parthasarathy. As part of this initiative, the insurance company will extend Rs 2.5 lakh healthcare services while those extending up to Rs 25 lakh will be delivered by the Dr NTR Vaidya Seva Trust. Parthasarathy said the universal health scheme will approve a patient's treatment within six hours of getting admitted in a hospital and all related transactions

GST cut likely to defer insurance buying till new rates kick in

Experts expect spike in health and life insurance sales post-September 22, 2025, after GST exemption on individual policies takes effect, but many customers are likely to defer purchases until then

Patients to benefit from GST rate cut, but firms likely to face pressure

GST rationalisation lowers costs for medical consumables and high-end therapies, benefiting patients. However, pharma companies, particularly in biologics, may face margin pressure due to ITC loss

GST exemption on life, health policies: Lock in lower term premiums now

Enhance sum insured on base health policy, buy add-on cover

Insurance GST cut to zero: Save ₹2,700 annually on ₹15,000 premium

Zero GST Impact on Insurance: From October, GST on individual health and life insurance premiums drops from 18% to 0%; insurers weigh impact of lost input tax credit

Zero GST on health, life insurance: What the cut from 18% means for you

GST on health, life insurance: From September 22, 2025, individual health and life insurance premiums will no longer attract 18% GST, making policies more affordable for Indian households

GST relief aids insurers; HDFC Life, Star Health among winners, says JM Fin

While the market was anticipating a cut in GST rates for term and health policies, analysts at JM Financial said, the exemption on savings-oriented life products came as a positive surprise.

Think your gym injury is covered? Your health insurance may say no

Gym-related injuries are usually covered under health insurance, but exclusions around steroids, unsafe practices, and hazardous sports may lead to claim rejections

Insurance firm faces social media backlash over ₹61 lakh 'claim denial'

Niva Bupa issues clarification, says it hasn't rejected the claim

Star Health, CARE, Niva Bupa record most policyholder complaints in FY24

Policyholder grievances against health insurers jumped 21.7% in FY24, with Star Health leading by a wide margin, followed by CARE and Niva Bupa, Ombudsman data shows.

To avoid being caught in a financial scare, get a good health plan

Check out the best health insurance premiums, check out this table from Policybazaar to guard against expensive medical bills.

GST on life, health insurance may be scrapped as Centre pushes exemption

The Centre has proposed exempting life and health insurance premiums from the current 18% GST; the GoM will submit its report to the GST Council, which will take the final decision

Premium cost, add-ons: Things to know when taking parents' health insurance

Choosing health cover for parents? Experts explain premiums, riders and the pitfalls that can leave families underinsured

Insurers hopeful of reduction in GST on health and life premiums

Insurers hope for a reduction in GST on health and life insurance premiums, following PM Modi's announcement of GST relaxations, aiming to boost insurance penetration and make coverage more affordable

NRI health insurance surges 150%: Why more choose treatment in India

A PolicyBazaar report shows a 150 per cent YoY spike in NRI health insurance adoption, with women and young NRIs under 35 driving growth. Tier-3 cities now account for nearly half of all NRI claims

Niva Bupa likely to hike health insurance premium by 8-9% in FY26

Medical inflation forces Niva Bupa to revise pricing; expects 25% growth in FY26

Why it is important to get health insurance that offers a higher cover

Hospitalisation for serious illnesses in one of the better private hospitals can easily set you back by up to Rs 15 lakh, if not more

How India's health insurance sector is undergoing a profound shift

The industry has grown in scale and ambition, but outdated reporting norms are being replaced-backed by regulations and market pressure-for better transparency and lasting sustainability

Balancing coverage and affordability in senior citizens' health insurance

Combining base policy with super-top-up can also help make premiums manageable

Man denied mediclaim over Google Maps mismatch: Here's all you need to know

Insurers are turning to digital footprints like Google Timeline to verify claims, but experts say such data can't be the sole reason to reject a valid health insurance claim