CHIRANJEEVI HEALTH INSURANCE SCHEME

The insurance industry in India is gearing up for the Union Budget with expectations for tax reforms, universal health schemes, and social security measures. Collaborative efforts and proactive risk management strategies are highlighted as crucial f...

The National Health Claims Exchange (NHCX) is a centralized platform developed by the government to streamline insurance claims processing. 33 health insurance companies have joined this platform, which aims to provide real-time claim status updates...

Health insurance rule change: The National Health Claims Exchange (NHCX) portal is set to simplify, accelerate, standardise the health insurance claim settlement process through the seamless exchange of information and documents between hospitals an...

Bengaluru-based hospital chain Narayana Hrudayalaya (NHL) has introduced the Aditi insurance scheme, offering a Rs 1 crore cover for surgeries and Rs 5 lakh for medical treatments at NHL hospitals for an annual premium of Rs 10,000 for a family of f...

The Centre is considering doubling the beneficiary base of the Ayushman Bharat health insurance scheme over the next three years, starting with those aged above 70, alongside raising annual coverage to Rs 10 lakh. These proposals are anticipated in ...

Budget 2024: The government plans to double Ayushman Bharat's beneficiary base over three years, starting with those aged 70 and above. Insurance coverage may increase to Rs 10 lakh per year, potentially costing an additional Rs 12,076 crore annuall...

Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entr...

Falling fertility rates have left India staring at the spectre of looming demographic challenges that have caused big problems for other Asian powerhouses such as China and Japan. The government is now beginning to plan for an aging India which coul...

How to reduce income tax outgo: Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments. TaxSpanner estimates that Tuteja can reduce his tax by around Rs.75,000 if his company offers ...

The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk...

Star Health & Allied Insurance expects 18-20% growth in gross written premiums this year, aiming to double premium income in four years. CEO Anand Roy discussed the company's strategies with Shilpy Sinha.

Union Health Minister J.P. Nadda emphasized expanding health insurance coverage under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to those aged 70 and above during a high-level meeting focused on the Modi 3.0 government's 100-day...

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The digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for the insured.

Health insurance: The Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular to streamline health insurance claim process. Previously, delays in claim approvals forced patients to stay in hospitals longer. Now...

Abhay Agarwal, Founder & Fund Manager at Piper Serica, discusses market focus on earnings, growth, and India's economic potential post-event. Grasim's expansion into the paint segment and Titan's nervousness are key points. Agarwal also says he expe...

The Indian Medical Association's chief, Dr. R V Asokan, criticizes the lack of focus on health post-Covid, describing it as an "orphan" issue. He highlights the inadequacies of the Ayushman Bharat scheme, citing poor structure and funding. Asokan ad...

Instead, a few states are engaging private sector insurance companies while most have set up trusts to run the Pradhan Mantri Jan Arogya Yojana (AB PMJAY), the government's flagship health insurance scheme.