[ad_1] Bengaluru: Shares of UnitedHealth Group fell 4 per cent before the bell on Wednesday after the health insurer warned of a spike in medical costs in the second quarter as more older adults undergo non-urgent procedures they had delayed during the pandemic. The company, at a Goldman Sachs healthcare conference, said it was seeing … Read more
[ad_1] Bharti AXA Life Insurance has launched a dedicated initiative to expedite the claim settlement process for families affected by the tragic train accident in Balasore, Odisha. Given the urgency of the situation, a streamlined and accelerated settlement procedures for death and disability claims have been put in place to ensure prompt resolution of these … Read more
[ad_1] Chennai: The founder of one of the largest private sector health insurers Star Health and Allied Insurance Company Ltd Venkatasamy Jagannathan has tendered his resignation from its Board with immediate effect, industry sources said on Sunday. An industry veteran, Jagannathan had stepped down from his role as the Chairman of the city-headquartered firm in … Read more
[ad_1] Ahmedabad: The Gujarat State Consumer Dispute Redressal Commission has ordered an insurance company to pay a medical insurance claim for a patient’s bypass surgery because it could not establish a connection between his medical condition and his habit of smoking and chewing tobacco. However, the state commission reduced the payout amount by Rs 1 … Read more
[ad_1] New Delhi: Australia’s Estia Health on Wednesday said it intended to back Bain Capital’s sweetened takeover offer that valued the aged-care provider at A$826.8 million ($552.05 million), sending its shares about 19 per cent higher to a near five-year peak. Under the revised proposal, Bain Capital would offer A$3.20 in cash for every Estia … Read more
[ad_1] New Orleans: A judge’s order that would eliminate requirements that health insurance plans include cost-free coverage of HIV-preventing drugs, cancer screenings and various other types of preventive care should remain on hold while it is appealed, the Biden administration argued before an appellate panel Tuesday. It’s the latest legal skirmish over mandates in former … Read more
[ad_1] Bengaluru: Plum, a health insurance platform, has unveiled its whitepaper, ‘What Goes into Building a Company That Cares’ which reveals the gaps in healthcare and insurance access faced by underrepresented groups in the workplace and urges corporations to recognise the significance of employee health insurance, not only as a comprehensive benefit but also a … Read more
[ad_1] In an effort to protect the interest of thousands of policyholders of defunct Sahara Group’s insurance arm Sahara India Life Insurance Co. Ltd., the insurance regulator, on Friday, directed a take-over of the company’s all the 2 lakh-odd live insurance policies by India’s largest privately held life insurer SBI Life Insurance Co. Ltd. Following … Read more
[ad_1] Mumbai: Aegon Life, a digital life insurance company pioneers life insurance cover tailored for surrogate mothers and egg donors, effectively backing their financial well-being. This initiative supports the implementation of provisions in the Surrogacy (Regulation) Act, 2021, and the Assisted Reproductive Technology (Regulation) Act, 2021, spearheaded by India’s Ministry of Health & Family Welfare.The … Read more
