IRDAI moots radical changes in health insurance
The regulator is planning massive changes in health insurance, which include more incentive for healthy policy holders and a level playing field for life and non-life insurers, among other.…
West Bengal leads in Rashtriya Swasthya Bima Yojana
West Bengal has turned out to be the best performer in the Rashtriya Swasthya Bima Yojana (RSBY).Chief minister Mamata Banerjee has tweeted that Bengal has the highest number of active…
Pre-existing diseases to get coverage from 5th year
The General Insurance Council has given a uniform definition for pre-existing diseases. These get covered from the fifth year of the policy. But still the insurance companies and their…
Half of the world’s rural population has no healthcare access: ILO
A recent ILO report has revealed that more than half of the world's rural population (56 per cent) does not have access to healthcare facilities compared with 22 per cent…
A single-premium health cover for wider reach
Insurance Regulatory & Development Authority of India (IRDAI) is on the verge of drawing frameworks to widen and expand the insurance penetration in the health segment. In this move the…
Cigna TTK Health Insurance expands in 5 more cities
Cigna TTK Health Insurance a joint venture between U.S. based global health service leader, Cigna Corporation (NYSE:CI), and Indian conglomerate TTK Group, today announced the launch of its branches in…
Max Bupa wins the technology award at the fourth edition of India Insurance Awards
Max Bupa has been conferred with top honor for technology maturity at the fourth edition of India Insurance awards. Max Bupa was recognized as the company with the most effective…
Insurers to offer products exclusively through specific distribution channel
Instead of selling the same insurance products across various distribution channels, insurance companies are mulling offering their products exclusively in one channel for the benefit of a…
Family floaters gain as healthcare costs rise
In a bid to cut down their health insurance bill, buyers are increasingly turning to family floater policies - covers where a single sum insured is available for all members…
Private health insurers cover 65% policy holders
Around 65 per cent of health insurance policy holders in the country are covered by private insurers while public sector insurers cover only 35 per cent of this population, according…