Page 5 - Health Insurance

PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021

Public sector insurers lodged Covid-19 related health insurance claims worth Rs 17,537 crore till December 2021 and more than 93 per cent of the cases were settled, Parliament was informed on Monday.

Youth turn smarter on financial planning amid Covid, but gaps remain: Study

They need hand-holding on life and health insurance, and should not lean on social media influencers, who are often neither qualified nor regulated, say experts

Covid-19 survivors likely to go off health insurance cover wait list

When Covid was at its peak, some insurers had introduced a "cooling-off" period -- a duration during which consumers could not apply for a health insurance policy if they had contracted Covid.

Port your insurance policy to cover home care, consumables: Experts

Around 54 per cent customers in tier 1 cities, 18 per cent in tier 2 cities, and 28 per cent in tier 3 cities ported to a higher health cover

Market correction a chance to allocate more to equities, albeit gradually

Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt

A snapshot of health insurance premium with super top-ups with details

Here's how the health insurance premium rates offered by various companies stack up

Health insurance premiums drive non-life industry growth, shows data

Group premiums grew 30% against 17% growth in retail segment

Still have 80D limit? Avail of deduction on health check-up, say experts

To make use of Section 80DDB deduction, get a specialist's certification

Budget 2022: Healthcare providers seek favourable insurance policy

Healthcare providers suggest that the Union government bring in a favourable policy in the upcoming Union Budget to encourage all Indians to opt for health insurance

Covid provision pool lowered, but 'we got you covered': Life insurers

As claims burden drops, life insurers hold enough reserves, cushioning balance sheet against risk

Omicron impact: Demand for health insurance products picks up pace

Recent data suggests that non-life insurers have settled more than 2.75 million Covid health claims

Senior citizens should buy health plans with lifelong renewability option

Buy a plan with a short waiting period for pre-existing diseases and low co-pay

Zone-wise premiums, consumables cover now available in health insurance

While policies with more robust features are becoming available, subscribers should watch out for sub-limits and caps.

Incurred claims of standalone health insurers grow at slower pace in FY21

The incurred claims of the overall general insurers too grew at a lower rate of 2.92 per cent compared to 7.26 per cent during financial year 2019-20

A snapshot of health insurance premium rates with Rs 1 crore sum insured

Here is how the health insurance premium rates with Rs 1 cr sum insured offered by companies stack up

Insurance Gazette: Need to retain the learnings and transform further

Industry leaders speak about the challenges the industry has faced over the past year, fintech, and how the pandemic is shaping consumer behaviour

Insurance Gazette: What lies ahead of insurers in post-pandemic world

Having emerged from the pandemic largely unscathed, the sector is set to benefit from an unprecedented pick-up in demand. Where it goes from here, however, depends on its ability to innovate

Insurance Gazette: Some discipline is needed in the healthcare ecosystem

Industry leaders speak about the learnings over the past year and the opportunities for progress that the pandemic has provided

PhonePe launches health insurance plans for young first-time buyers

PhonePe said offering is a first of in Indian digital payments space, offers comprehensive health cover at an affordable price; involves simple 3-step process

Why estimates of India's crypto-owning population could be exaggerated

As the debate around regulating-or even banning-private cryptocurrency grows, it is important to know how big India's crypto market really is