Insurers seek revision in premium for health products
Some Non-life Insurers, which had not revised rates during the pandemic, have now sought a revision in pricing to keep up with medical inflation. The regulator allows insurers to revise…
ICICI Lombard mobile app to provide health vitals
ICICI Lombard General Insurance is making available to all its app users a face scan diagnostic feature that provides within minutes vitals such as blood pressure, oxygen saturation, heart rate,…
Demand for OPD insurance covers surge in third Covid wave
Health insurers see rising demand for Out Patient Department (OPD) covers on the back of lower rate of hospitalization and higher doctor consultation, diagnostic investigations and checkups during the third…
National tele mental health programme
Healthcare experts have welcomed the Centre's announcement of a National Tele Mental Health Programme, especially in view of the long COVID, but highlighted that the Union Budget did not give…
Govt wary of insurance inflating healthcare costs
Revenue secretary Tarun Bajaj said that the government is wary about health insurance driving up healthcare inflation. Responding to a call from industry to reduce goods and services tax (GST)…
Insurers review cooling-off period for health cover post Covid infection
Insurance companies have begun to either reduce or completely remove the cooling-off period to purchase health insurance for people who were infected with Covid-19 in the past. With the severity…
Health insurance drives non-life sector growth
Health insurance premiums reported a growth of 26 % in the first 10 months of FY22. This is nearly double the growth witnessed in the same period a year ago.…
Niva Bupa announces comprehensive coverage for cancer treatment at Rs. 4 per day
Niva Bupa Health Insurance Company Limited announced a customised group plan for comprehensive coverage of cancer treatment at an annual premium of just Rs 1499+ taxes. This product has been…
Startup offers health cover with therapy for neuro disorders
Parents of children with neuro-developmental disorders can get health insurance coverage, which includes therapy and other consultation benefits, through a group insurance policy of a startup, Mom’s Belief, which has…
Covid health cover claims surge to Rs. 36K cr, most from Maharashtra
Insurance companies received 28.46 lakh claims for Rs 36,003 crore in the last 22 months (till February 4) from people affected by the coronavirus, with claims worth Rs 4,300 crore…