HEALTH INSURANCE

Updated : Jul 1, 2024

Why insurance companies are feeling the pinch with rising cancer cases in India

Data shows marked increase in insurance claims for lung and oral cancers—from 1.15% of total claims in 2020 to 5.70% in 2024

Updated : Jan 25, 2023

Retail health insurance can become a $25 billion market in 5 years

As per a report from Avendus Capital, key catalysts for growth in the retail health segment would be low penetration of the healthcare insurance coupled with covid-19 led rise in awareness, product innovation and rising disposable income.

You can now opt for plans that offer unlimited restoration to all the covered members for hospitalization related to either the same illness or a different illness within the same policy year

Updated : Dec 28, 2022

Ask Money Today: Think your health insurance coverage might get exhausted in a single hospitalisation? Here's what to do

The increasing medical inflation has necessitated the need for an adequate sum insured in your health policy to battle multiple unexpected medical expenses within the same policy term.

The pandemic made people realize the need of having a comprehensive health insurance plan which just not covers hospitalization but also OPD expenses, Sikdar believes.

Updated : Dec 12, 2022

Customers are now demanding products with OPD coverage, says ManipalCigna's head Prasun Sikdar

In an interaction with Business Today Prasun Sikdar, MD and CEO, ManipalCigna Health Insurance talks about how the health insurance industry is shaping up post pandemic.

Updated : Aug 24, 2022

Govt extends health insurance to transgender community under Ayushman Bharat

Ministry of Social Justice and Empowerment will fund Rs 5 lakh insurance cover per transgender beneficiary per annum.

Updated : Aug 3, 2022

Here's how one can deal with a pre-existing disease clause in health insurance policy

The insurance regulator IRDAI has prescribed the maximum waiting period of four years for pre-existing diseases.

Updated : Jul 20, 2022

IRDAI gives insurers freedom to empanel hospitals for cashless treatment

Hospitals offering cashless services had to also meet the pre-accreditation entry-level standards laid down by National Accreditation Board for Hospitals (NABH).

Updated : Jul 5, 2022

Expert Speaks: Can one use personal and corporate health insurance policy to cover hospital expenses?

In our column Expert Speaks, S K Sethi, Director, Ria Insurance Brokers, talks about the difference between a personal health insurance and a corporate health insurance and whether the two can be used simultaneously.

The pandemic has underscored the importance of health insurance and staying financially secured against health conditions that emerge across different life-stages.

Updated : Jun 1, 2022

SBI General Insurance launches new health insurance vertical

The company said that it aims to leverage the expansive footprint and network of its parent company State Bank of India to further entrench health insurance penetration in Tier 3 and 4 markets across India.

Updated : May 27, 2022

Reliance General Insurance introduces new health policy; check details here

The new health insurance policy, called Reliance Health Gain, claims to be both flexible and also customisable, allowing customers to choose features as per their need and pay only for those.

Updated : May 25, 2022

What happens when you forget to pay your health insurance premium?

A lapsed health insurance policy can be troublesome. Here is a lowdown on what can happen when you don't pay your premium.

The SecureNow Group consists of SecureNow TechServices Pvt Ltd and SecureNow Insurance Broker Pvt Ltd -- an insurance broker focused on selling commercial insurances to SMEs (Small and Medium Enterprises) and mid-market clients.

Updated : Apr 17, 2022

Health insurers take 20-46 days to settle claims: Report

The report said that patients are quite prompt in informing the insurers about claims with most of them intimating the concerned insurance firms within a week of hospitalisation.

There are several factors to keep in mind at the time of portability to ensure that the policyholder is getting benefits from portability.

Updated : Mar 14, 2022

How to port your health insurance policy

If you are also thinking to port your policy here is a lowdown on how to port your health insurance policy.

Updated : Mar 8, 2022

Things to know before buying a health insurance policy

Here are 4 things to zero in on the right health plan suited best for you and your family

The COVID-19 pandemic and its impact made people realise the importance of health insurance coverage.

Updated : Feb 16, 2022

Insuretech firm Artivatic.AI launches ALFRED platform for health claims

The firm claims that this platform has a unique design with the foremost thought of not only reducing the burden on insurance industry incumbents but also health insurance buyers.

As per Insurance Regulator and Development Authority of India (IRDAI) Health Regulations 2019, insurers are directed to cover robotic surgeries, as modern treatment with or without sub-limit.

Updated : Feb 7, 2022

Is robotic surgery covered under a health insurance policy?

For the hassle-free claim settlement, a policyholder must check for indications for robotic surgery and applicable waiting periods.

Due to the ongoing pandemic, awareness has grown for employee wellness programs. Companies have now started focusing on wellness programs compared to the pre-Covid era.

Updated : Jan 26, 2022

Companies offer enhanced health insurance benefits to attract and retain talent

Experts say the new trend has been driven by a shift in employee behaviour wherein they seek a comprehensive health benefit plan for the entire family. Another key reason was that employees moving from larger MNCs to startups also looked out for similar health protection that they had in large corporates.

Since the insured has to foot the percentage of the hospital bill, premium rates tend to be lower for health insurance policies with co-payment feature

Updated : Dec 22, 2021

Should you opt for co-payment in your health insurance policy?

Co-payment is a contract where you agree to pay for some percentage of medical expense from your own pocket and share the burden of the medical expense. Is it a feature that you should go for? Read on to know more.

Digit Insurance, a general insurance company on Wednesday announced that it will offer one of industry’s lowest waiting periods of one year for pre-existing diseases and specific illnesses

Updated : Dec 16, 2021

Health insurance policies with lowest waiting periods; check them out here

Waiting period of a health insurance is an essential factor to consider at the time of buying, during which a claim can’t be raised if the individual has a pre-existing disease (PED). Here are some policies that have the lowest waiting periods.

Updated : Jul 21, 2021

LIC unveils Arogya Rakshak health insurance plan; know how it will work

The Arogya Rakshak policy “provides fixed health insurance cover against certain specified health risks and provides timely support in case of medical emergencies and helps the insured and his family to remain financially independent in difficult times.”

Updated : Feb 28, 2014

Life insurance myths

There are a lot of misconceptions associated with Insurance. Insurance is mostly viewed as a tax saving tool and hence enough cover is not taken to cover you and your family under necessary circumstances. Always take an informed decision before considering Insurance needs for your family.