health insurance

News

HEALTH INSURANCE NEWS

The primary tax benefit on health insurance comes under Section 80D. It allows deductions for premiums paid for yourself, your spouse, dependent children, and parents. For self, spouse, and children, you can claim up to ₹25,000 a year. Add parents to the policy, and you get another ₹25,000. If either parent is a senior citizen, this second limit rises to ₹50,000. (Express Photo)

Health Insurance Tax Benefits: What Counts & What Doesn’t

December 23, 2025 6:58 pm

With healthcare costs rising faster than incomes, adequate cover is essential for financial security, as a serious illness or hospitalisation can quickly erode years of savings.

Republicans defy Speaker, join Democrats to force vote on extending Obamacare subsidies

December 17, 2025 10:55 pm

Democrats led by Minority Leader Hakeem Jeffries of New York needed 218 signatures to force a floor vote on their bill, which would extend the subsides for three years.

Health insurance costs set to rise for millions of Americans as Senate rejects extension of Affordable Care Act, Republican alternative

Health insurance costs set to rise for millions as US Senate rejects extension of Affordable Care Act, Republican alternative

December 12, 2025 12:29 am

Republicans have argued that Affordable Care Act plans are too expensive and need to be overhauled.

Input Tax Credit issue: Insurers to charge 18% GST on agents’ commission

October 06, 2025 7:07 am

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a well-meaning tax reform

recalling, re-labelling, or re-stickering is not mandatory for the stocks released in the market prior to the implementation date of September 22

GST 2.0: Re-labelling of drugs, medical devices not mandatory for stocks issued before Sept 22

September 16, 2025 10:16 pm

health, life insurance firms to get no ITC benefit for GST on commission; Must issue revised price lists to dealers, retailers for display

Hospital industry body AHPI seeks restoration of basic cashless care by Star Health Insurance

September 15, 2025 10:17 pm

AHPI said the suspension of cashless services has left hospitals dealing with angry and distressed patients who are shocked to find that the most basic benefit of their health insurance—cashless admission and treatment—is no longer available.

The GI Council, which represents non-life insurers in India, strongly opposed AHPI’s stand.

Hospitals, insurers face off: GI Council cautions against cashless care disruption

September 13, 2025 9:29 pm

Hospitals to stop cashless services for Star Health Insurance from Sept 22

All members discussed the proposal to make the GST rate nil on health and life insurance, Choudhary said. “All members agreed with the proposal, but some states gave a differing view.

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

A Taiwanese man froze his legs in dry ice to get an insurance payout. (Image source: Yahoo)

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.