Tamil Nadu hikes health insurance cover to Rs. 5 lakh
The insurance cover under the ‘Chief Minister’s Comprehensive Health Insurance Scheme’ in Tamil Nadu has been enhanced from Rs 2 lakh to Rs 5 lakh for about 1.58 crore families…
WBCERC tells hospital to pay Rs. 10 lakh as compensation
The West Bengal Clinical Establishment Regulatory Commission (WBCERC) has directed CMRI to pay Rs 10 lakh as compensation to the father of a newborn who had died after a series…
Cloud over health cover scheme in Rajasthan
Bhamashah Swasthya Bima Yojana in Rajasthan has witnessed rising instances of fraud and claims. In order to make the scheme viable, the extensive fraudulent practices must be resolved, especially if…
J&K governor cancels J & K group mediclaim Policy
Jammu and Kashmir Governor Satya Pal Malik has ordered the cancellation of the J&K Group Mediclaim Insurance Policy for Employees and Pensioners as the tenders were allotted fraudulently. “We are…
IRDAI working group suggests coverage of diseases contracted after purchase of health policy
A working group set up by IRDAI has suggested that Chronic diseases like Alzheimer's, Parkinson's, AIDs/HIV infection and Morbid obesity should be covered under medical cover if a person contracts…
Star Health Insurance acquisition to get completed by next year
The transfer process of Star Health Insurance which is being acquired by Safecrop Holdings is likely to be completed by next year. Star Health is the country’s first and largest…
PMJAY to change health insurance landscape
With PMJAY, about Rs. 20,000 crore will be pumped into the healthcare sector which will make it possible for medical infrastructure to improve even in smaller cities and towns. Demand…
Mental illnesses likely to cost world $16tn by 2030
Mental health disorders are on the rise in every country in the world and could cost the global economy up to $16 trillion between 2010 and 2030 if a collective…
Insurers can’t deny cover for HIV+ patients, says IRDAI
IRDAI has said that HIV-positive individuals cannot be denied insurance cover, unless supported by actuarial studies. The regulator has asked insurers to stop discriminating against persons with HIV/AIDS. IRDAI has…
High treatment cost spurs demand for higher coverage
The steep rise in the cost of treatment and growing awareness have led to an increase in the average sum insured under retail health insurance policies. The average sum insured,…