Medical Insurance

Buy Medical Insurance That Offers Tax Benefits Under Section 80D

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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

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

'Around 1% of claims related to mental health in group medical insurance'

Beyond awareness and stigma, structural problems within the insurance market also contribute to the low utilisation of mental health benefits

Buying Medical Insurance For Senior Citizens? Choose Wisely

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China to hike pensions, med insurance subsidies to spur consumption in 2025

The country will boost the basic pension for retirees and for urban and rural residents and raise financial subsidy standards for urban and rural residents' medical insurance

Travel insurance: Get pre-existing ailments covered by paying extra premium

Non-medical coverage includes trip cancellations, curtailments, flight delays, missed connections, and loss of checked-in baggage, passports, and other important documents

Industry supports Ayushman Bharat expansion, highlights key concerns

AB-PMJAY provides cashless and paperless benefit cover of Rs 5 lakh per annum per family on a floater basis in empanelled hospitals across India

Lawyers in Jharkhand to get Rs 5 lakh medical insurance. Know more

The decision was taken at a cabinet meeting chaired by Chief Minister Hemant Soren on Friday

Jharkhand cabinet approves Rs 5 lakh medical insurance for lawyers

The Jharkhand cabinet has approved Rs 5 lakh medical insurance for lawyers in the state, a move which is likely to benefit about 30,000 lawyers in the state. The cabinet also cleared a proposal to increase the pension to advocates aged 65 years and above to Rs 14,000 per month from Rs 7,000 at present. The decision was taken at a cabinet meeting chaired by Chief Minister Hemant Soren on Friday. The cabinet also gave its nod to a proposal to provide a stipend of Rs 5,000 every month to newly enrolled advocates. An official statement said the approval was given to make a grant-in-aid of Rs 1.5 crore to Jharkhand Advocate Welfare Fund Trustee Committee for the financial year 2024-25 for giving the amount of Rs 5,000. It added that approval was given to pay a grant of a total amount of Rs 9 crore to the Jharkhand Advocate Welfare Fund Trustee Committee in the financial year 2024-25 for providing the benefit of Jharkhand State Health Insurance Scheme provided to the state employees and

TMC requests govt to withdraw GST on health, medical insurance premiums

Trinamool Congress (TMC) leader Sudip Bandyopadhyay on Friday urged the government to withdraw the 18 per cent GST on life and medical insurance premiums. His demand comes amid several opposition leaders supporting senior BJP leader and Union Road Transport Minister Nitin Gadkari request to Finance Minister Nirmala Sitharaman to withdraw the Goods and Services Tax (GST) on the premiums. Soon after the Question Hour in the Lok Sabha, Bandyopadhyay raised the issue, saying taxing insurance premium is "anti-people". The government must withdraw it, the Kolkata Uttar MP said and the demand was backed members of the opposition INDIA bloc parties in the Lower House of Parliament. "The 18 per cent GST charged over life insurance premiums and medical insurance should be withdrawn. This GST is anti-people, it is adversely affecting the people of India," Bandyopadhyay said. "This proposal should be rolled back," he said. MPs from INDIA bloc parties TMC and DMK walked out of the House, alle

ESIC considers to extend medical benefits to unorganised, gig workers

Employees' State Insurance Corporation has already initiated several discussions with various stakeholders

Tripura ready to welcome PPP offer for setting up medical colleges: CM Saha

Tripura Chief Minister Manik Saha said his government is ready to welcome any suitable and viable publicprivate partnership (PPP) initiative in setting up medical colleges in the northeastern state. His remark comes after the chief minister held a meeting with a delegation of NITI Aayog led by its senior member Dr. V K Saraswat at his residence on Tuesday evening. Currently, the state has two medical colleges, Agartala Government Medical College, and another society-run Tripura Medical College. Besides, a government-run dental college opened in the current academic session. "Today, I had a meeting with a delegation of NITI Aayog where an intensive discussion took place on different issues. They proposed setting up a medical college under the PPP model. I told them that we are receiving such proposals but the government wants a suitable and viable offer," he told reporters. Saha said many Bangladeshis visit Maharaja Bir Bikram Airport here to go outside the state for medical purpo

Travel secured: The insurance cover you must buy before heading out

Consider destination, purpose, trip duration, likely emergencies when you buy travel insurance

Buy more insurance cover if your liabilities have increased in the year

Hike health insurance coverage as well to keep pace with medical inflation

Global health cover comes as a lifesaver for high-flyers: Experts

But examine countries covered and claim settlement mode

Smart policy choice can help you tackle medical inflation: Experts

Most Ayush treatment happens out-patient; your policy may not be very useful if it offers only hospitalisation cover

General insurance industry's GDPI to grow by 10-12% in FY23: Report

The rise is led by higher growth in the health and commercial business segments with increasing awareness of medical insurance and uptick in economic activity, Icra Ratings said in a report

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

Indian workforce seek medical insurance, child care post-Covid: Report

Post-Covid, the rising workforce in India is now looking for additional benefits such as medical insurance for themselves and their families, a new report showed