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HEALTH INSURANCE NEWS

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

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.

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

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).”

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