Average Health Insurance Claim Amount Up by 30% in Three Years
The average health insurance claim in India has surged by more than 30% in the past three years, primarily due to rising hospital treatment costs and enhanced health cover options…
Key Trends Shaping Insurance Claims in India
India's insurance sector is witnessing significant changes in claims patterns across health, motor, and term insurance segments. These trends highlight the evolving dynamics of consumer behavior, regional disparities, and the…
Star Health Insurance Launches ‘Star Arogya Digi Seva’ to Revolutionize Rural Healthcare
Star Health Insurance has unveiled an innovative CSR initiative, ‘Star Arogya Digi Seva’, to improve rural healthcare access in collaboration with the Center for Chronic Disease and Control (CCDC). The…
New India Assurance Leads Health Insurance Claims Settlement: Insights from IBAI Report
Public sector giant New India Assurance has emerged as the top performer in health insurance claims settlement for the financial year ending March 31, 2023, according to the General Insurance…
FinTech Meets HealthTech: Transforming Healthcare Access in India
Revolutionizing Healthcare Affordability and Accessibility through Technological Synergy Key Highlights: FinTech and HealthTech Integration: India is witnessing a growing convergence of financial technology (FinTech) and healthcare technology (HealthTech), addressing longstanding…
Niva Bupa Shares Make a Positive Stock Market Debut, Listing at a 6% Premium
A Promising Start for Niva Bupa on D-Street Key Developments: Listing Gains: Niva Bupa Health Insurance Company shares debuted on Wednesday with a 6.08% premium on the Bombay Stock Exchange…
TVS’ Venu Srinivasan and Star Health Founder Launch Galaxy Promise: A New Health Insurance Product
Venu Srinivasan, Chairman Emeritus of TVS Motor, and V Jagannathan, Founder of Star Health and Allied Insurance, have unveiled Galaxy Promise, the first product from their newly formed joint venture,…
PM Modi Unveils Ayushman Vaya Vandana Card: Free Healthcare for Seniors Over 70
Expanding Health Coverage for Elderly Citizens with Ayushman Vaya Vandana Card Key Points: Prime Minister Narendra Modi launched the Ayushman Vaya Vandana Card under the Ayushman Bharat scheme, offering free…
Star Health Insurance Reports 11% Decline in Quarterly Profit, Despite Strong Premium Growth
Steady Premium Growth Amid Profit Decline and Cybersecurity Strengthening Efforts Key Highlights: Star Health and Allied Insurance reported an 11% drop in Profit After Tax (PAT) to ₹111 crore for…
Narayana Health Launches Rs 1 Crore Health Cover for Senior Citizens, Pioneering Accessible, Inclusive Insurance
A New Era in Senior Citizen Healthcare: Comprehensive Insurance with No Upper Age Limit Key Points: Narayana Health introduces an affordable health cover of up to Rs 1 crore for…