WHO reports that Tobacco kills 7 million a year
Nearly seven million people die every year by use of tobacco and smoking. The World Health Organization (WHO) warned of the dire environmental impact of tobacco production, distribution and waste.…
Health insurance cover leaps to Rs 3.5 lakh in 5 years
The average health insurance cover has increased from Rs 3 lakh to Rs 3.5 lakh for the first time in past five years. The room rental cover during hospitalisation has…
Max Bupa Group Contend Over Generic Drug Prescription
Max Bupa Health Insurance, New Delhi for reimbursement of claims has asked hospitals to prescribe medicines only with their generic names The notice is actionable with immediate effect. The Hospitals…
Haryana Government to offer health insurance scheme for poor
The State government in Haryana has decided to implement a health insurance scheme to provide free healthcare services to the poor. The cost of premium shall be borne by the government. Chief Minister Manohar…
Luckow University extends health insurance to all students
Luckow University has decided to extend health insurance cover to over 30,000 students pursuing different undergraduate, post- graduate and doctoral level courses from its campus. Earlier the insurance cover was available to only 7,000 first-year undergraduate students…
Star Health may become the first health insurer to get listed
Star Health & Allied Insurance, the country’s first standalone health insurer, may also become the first health insurer to list its shares. It is considering selling shares to the public,…
Health insurance firms to create database on fraudulent claims
India’s health insurance companies have banded together to create a database of hospitals and nursing homes that encourage fraudulent claims. The umbrella body of insurance firms, the General Insurance Council…
Only few insurers provide women centric products
Rarely does a company provide women centric health products with additional features. Mostly the cover is available via floater policy. However, Bajaj Allianz General Insurance has a woman-specific critical illness…
HDFC ERGO launches new health insurance product
HDFC ERGO expanded its health insurance portfolio with the launch of ‘Group Critical Illness Insurance’ policy, which covers the entire family or employees under one umbrella of protection. Unlike a…
Group health insurance premium to see a rise
Group health insurance premiums may rise as IRDAI investigates disclosure to end subsidisation by lone payers. The increasing cost of medical insurance had obligated companies to surge premiums in…