Flagging irregularities in the audit of the Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PMJAY) health insurance scheme, the Comptroller and Auditor General of India (CAG) has said that…
Amid reports about fake accounts in Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the government’s flagship health insurance scheme, two private sector general insurers have outbid public sector general…
The CAG's performance audit report, tabled in the Lok Sabha recently, revealed multiple cases under the scheme, providing treatment for patients who had already been declared dead, as well as…
London-based Prudential is looking to set up a health insurance venture in India. The company, which is in a partnership with ICICI Bank for its life insurance and asset management…
Sale of health insurance policies in semi-urban and rural markets is increasing with private insurers seeing a spike in the number of people opting for such covers. Rising cost of…
For the general insurance industry, 2022 was a year of regulatory changes, innovation and the rise of insurtech and health-based intermediaries. Going into 2023, the focus will be on growth…
Reduction of GST on health cover to 5 percent, hike in 80D limit and tweaking of norms on pension/annuity products to make them more attractive to people top the wishlist…
India’s uninsured population could get cover at Rs 2,000 for a sum insured of Rs 5 lakh if universal health insurance were to be introduced in line with the schemes…
The Covid pandemic brought with it greater awareness regarding the need for health insurance boosting business for such insurers in 2022 even as they battled higher claims, technological disruptions and…
More than two decades after setting up Azim Premji Foundation to improve teaching in government schools, the country’s most generous billionaire has turned his attention to healthcare for the poor.…