T L Alamelu says health insurers need to address trust deficit; regulator has tried to standardise areas of concern such as definitions, pre-existing diseases, among others
Covid will change the health insurance industry permanently. The perception of consumers towards insurance has moved from mere compliance or tax saving towards a protection standpoint
Here is how the health insurance policies premium rates offered by various companies stack up
Those who don't have comprehensive health cover may consider a Covid-specific policy
Arthritis drug can reduce death rate in Covid-19 patients by 71 per cent, new study sheds light on virus, scams in the name of cures, and more-news on how the country is coping with the pandemic
Policyholders can choose protection against any one or more ailments such as dengue, malaria, filaria, etc; price for every covered disease to be set separately
This, despite good growth in premiums by standalone health insurers, aided by rise in demand for health plans in the country
Experts suggest the premium hike of up to 5 per cent is because of various changes the regulator has brought in to standardise health products and make them more customer centric
Group health has also done well with general insurers posting a 17 per cent growth in H1FY21
Health insurance provider Religare Health Insurance has re-christened itself as Care Health Insurance.
In light of the Coronavirus (Covid-19) pandemic, health insurance has seen a surge in demand from consumers
Irdai Chairman Subhash Khuntia has urged health insurance providers to develop disease-specific products which could help policy holders in preventing different ailments
The Indian insurance regulator has allowed renewal, migration and portability of Covid-19 specific standard health insurance policies -- Corona Kavach, Corona Rakshak and Group Corona Kavach Policy
As per the guidelines issued by the IRDAI, the short-term Corona Kavach policies are issued by insurance companies for three-and-a-half months, six-and-a-half months or nine-and-a-half-months
Standalone health insurers, however, see a 38% spike in collections on the back of heavy demand for health covers
The regulator has sought comments from all stakeholders on the matter by October 15
Here's how the premiums of various health insurance policies offered by various firms stack up
TCS at the rate of 5% imposed on money remitted outside India
IndiaSpend spoke to other families around India that struggled to get insurance claims paid for Covid-19 treatment