health insurance
HEALTH INSURANCE NEWS
GoM discusses Centre's proposal to scrap GST levy on health, life insurance for individuals; Most members want tax to be nil
August 21, 2025 1:21 am
Proposal will now go to the GST Council: Bihar Deputy CM; FM Sitharaman addressed state ministers on GST overhaul plan
Man freezes legs in dry ice to pull off Rs 12 crore insurance scam; loses limbs, faces jail time
June 27, 2025 2:30 pm
A Taiwanese man lost his feet after freezing them in dry ice for 10 hours to fraudulently claim insurance money.
'That’s when I realised how expensive treatment can get': Why more young Indians are buying insurance
June 06, 2025 3:00 pm
This newfound curiosity isn’t coming out of nowhere. A mix of rising medical costs, job instability, pandemic PTSD, and a growing sense of financial responsibility has pushed Indians in their 20s and 30s to take insurance seriously, possibly for the first time.
Health segment leads decline in premium income growth of Indian insurers in FY25: Here's why
April 20, 2025 8:38 am
Medical inflation is on the rise and current inflation is around 14 per cent which further fuels the hike in the premium
UK’s Prudential to float venture with HCL group for health insurance
March 21, 2025 12:14 am
Subject to obtaining regulatory approvals, Prudential Group Holdings, a UK subsidiary of Prudential plc, will hold a 70% stake in the joint venture, while Vama will hold the remaining 30% stake.
IRDAI red flags sharp hike in health premium for senior citizens, caps increase at 10%
January 31, 2025 10:10 am
Admitting that health premium for senior citizens has gone through the roof, IRDAI said, “it is observed that there has been steep increase in premium rates under some of the health insurance products offered to senior citizens (aged 60 years and above).”
Claim rejections by health insurance companies rise by 19.10% to Rs 26,000 crore
December 25, 2024 10:02 pm
Standalone health insurers’ claim ratio only at 64.71 pc; life insurers pay Rs 51,524 crore as commission
Memes, sarcastic posts over murder of UnitedHealthcare CEO lay bare America’s broken healthcare system
December 06, 2024 9:01 pm
Brian Thompson, the CEO of insurance firm UnitedHealthcare, was shot dead in Manhattan on December 4. But as the internet reacted to his murder, there appeared to be little sympathy.
Health cover bill paid out by 20 private insurers less than 80% of the claimed amount
November 29, 2024 1:13 pm
This means if an insured patient made a claim of Rs one lakh as hospital bill, the insurer paid only less than Rs 80,000 while the balance amount was paid by the patient.
Insurance firm told to pay Rs 1.35 cr to kin of consumer who paid premium within grace period before his death
October 28, 2024 9:21 am
Gaurav paid his premium for March 2021 on March 31, 2021, which was within the grace period. After falling ill with Covid-19 in April 2021, he was hospitalised, and on April 28, 2021, he passed away.
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