Well being top rate expansion jumps, however protection lags – ET HealthWorld

[ad_1] MUMBAI: Medical insurance penetration in India has been rising at a slow tempo in spite of the top expansion of twenty-two% in top rate numbers. The collection of lives coated beneath particular person insurance policies in March 2023 grew 2.5% to 528.9 lakh — not up to March 2021 ranges. Total, the collection of … Read more

‘Insurance coverage cos can not set prohibit on surgical operation expense’ – ET HealthWorld

[ad_1] VADODARA: How repeatedly have you ever shelled out cash out of your pocket to pay that additional quantity of the invoice passed over by means of the medical institution for surgical operation? Insurance coverage corporations clamp declare limits relying on surgical procedures, however they may be able to’t achieve this if this client court … Read more

CM assures on medical insurance schemes – ET HealthWorld

[ad_1] Jaipur: Representatives of government-employed nurses met CM Bhajan Lal Sharma on Saturday and after their assembly mentioned that the executive minister confident them that medical insurance schemes would proceed within the state. They mentioned that Sharma mentioned he had already talked to Union well being minister Mansukh Mandaviya and it have been determined that … Read more

Most cancers and cardiovascular illnesses most sensible world claims frequency: Document

[ad_1] Most cancers and cardiovascular illnesses are the highest reasons of the claims frequency around the globe, and respiration illness is the 3rd best after most cancers, in keeping with Mercer Marsh Advantages’ Mercer Marsh Well being Traits Document 2024. As in line with the document, a number of insurers are recogninsing the desire for … Read more

Why do senior voters want complete medical insurance protection? – ET HealthWorld

[ad_1] Each and every senior citizen imagines a just right retirement lifestyles with their financial savings, hoping it can provide them the entire comforts they want for the years that lay forward. However what if in the future a scientific emergency moves and the similar financial savings will get used up in scientific expenses? They’d … Read more

‘Deal with AYUSH therapies on par with allopathic,’ Madras HC tells IRDAI

[ad_1] Madras Top Court docket has directed the Insurance coverage Regulatory and Construction Authority of India (IRDAI) to regard AYUSH therapies the similar as Allopathy therapies on the subject of compensation of bills. In line with a file by means of Are living Legislation, Justice Anand Venkatesh emphasised the paintings completed by means of AYUSH … Read more

Personal common insurers make bigger marketplace percentage to 53.58% in H1’FY24

[ad_1] Personal common insurers higher their blended marketplace percentage to 53.58% in gross direct top rate underwritten within the first part of the present monetary 12 months from 50.81% within the year-ago length. As many as 31 insurers from the non-life business had underwritten gross direct premiums of ₹1.43 lakh crore within the first part … Read more

IMA flags flaws in medical insurance – ET HealthWorld

[ad_1] Chennai: The state unit of the Indian Clinical Affiliation expressed reservations in regards to the proposed reforms via the Insurance coverage Regulatory and Construction Authority for 100 according to cent cashless medical insurance. On Monday, IMA state president Dr T Senthamil Pari mentioned policyholders could be pressured to visit “empanelled community hospitals”. This may … Read more

Medical insurance company informed to pay ₹2L for rejecting declare – ET HealthWorld

[ad_1] Chandigarh: The UT District Shopper Disputes Redressal Fee has ordered a medical health insurance corporate to pay Rs 2.08 lakh to a resident of Mohali’s Kansal for rejecting his insurance coverage declare. Rupesh Kumar Khosla, in his petition, stated he had bought a medical health insurance coverage, “Manipal Cigna ProHealth Insurance coverage” from Manipal … Read more

Defined: The significance of go back and forth insurance coverage in a shrinking international

[ad_1] As the arena shrinks, folks go back and forth to far away puts for paintings and enjoyment. Shuttle insurance coverage now assumes higher significance than ever prior to. Shuttle insurance coverage is essential particularly while you’re travelling in another country. Allow us to talk about what it covers and when one will have to … Read more