News (Proprietary)
Digital life certificate: How will you know that your pension disbursing agency has accepted your Jeevan Pramaan Patra?
2+ day, 22+ hour ago (271+ words) Pensioners must submit their Jeevan Pramaan Patra, a digital life certificate, by November 30, 2025. This biometric-enabled service allows pensioners to avoid physical visits to pension disbursing agencies. The process involves using a smartphone and the Jeevan Pramaan Face App. Checking the status of acceptance by the pension disbursing agency is crucial. Jeevan Pramaan Patra is a biometric-enabled digital service for pensioners Pensioners of the central government and state governments should submit a life certificate every year latest by November to continue receiving pension without any delay With the deadline of November 30, 2025, to submit the life certificate approaching, many pensioners want to know if their pension disbursing agency (PDA) has accepted their digital life certificate If PDA has rejected it, pensioners don't have many days to resubmit their life certificate What is Jeevan Pramaan Patra?Jeevan Pramaan Patra, or Digital Life Certificate…...
Inside India’s insurance sector: How Niva Bupa’s upskilling platform is empowering a new league of health insurance advisors
2+ day, 1+ hour ago (502+ words) Rising demand for health insurance means a greater demand for insurance advisors. Insurance advisors, today, must possess the necessary skills and knowledge to act as trusted guides helping millions navigate complex products, policy options, and claims processes. Here's how Niva Bupa Insurance Academy is preparing a generation....
Why health insurance claims get rejected in India and how to fix the trust deficit?
2+ week, 6+ day ago (467+ words) Once there is a claim, especially a large one, some insurers slam the brakes and initiate in-depth investigations that should have been done at the onboarding stage. All too often, customers end up being labelled "fraud" and claims are rejected or policies cancelled. Such a defensive and sceptic stance comes as a shock to customers....
Life certificate deadline November 30, 2025: Only 2 days left to submit Jeevan Pramaan Patra, here is how to avoid last-minute rush
1+ day, 3+ hour ago (254+ words) Government pensioners have two days left to submit their annual life certificate. This mandatory process ensures continued pension payouts. The digital Jeevan Pramaan system uses Aadhaar for biometric authentication. Pensioners can submit this online using face authentication. Successful submission by the November 30, 2025 deadline prevents pension delays. This verification is crucial for all government pensioners. With just two days left for the November 30, 2025 deadline, government pensioners are running against time to submit their annual life certificate ( Jeevan Pramaan Patra) Once they submit their life certificate and their pension disbursing authority (PDA) accepts it, pensioners will continue getting their pension payouts Every year, all government pensioners must complete this simple but mandatory verification process to prove that they are alive and eligible to receive their pension Those who miss the deadline risk delays or temporary stoppage of their pension, which can cause…...
Systemic leakages of Rs 10,000 crore annually in insurance sector eroding trust: Report
1+ week, 1+ day ago (487+ words) To safeguard integrity, there is a need for collective action from all stakeholders, including insurers, corporates, government, and regulators, the report, titled, Rebuilding Trust: Combating Fraud, Waste, and Abuse in India's Health Insurance Ecosystem, said....
Fraud is bleeding Rs 10,000 crore from India’s health insurance system
1+ week, 1+ day ago (394+ words) India's health insurance sector is losing Rs 8,000-10,000 crore annually due to fraud and waste, as highlighted by a BCG and Medi Assist report. This impacts premiums, insurer stability, and public health funds, with mid-ticket claims being particularly vulnerable. Recommendations include enhanced detection, standardised coding, and AI-driven oversight. India's health-insurance sector continues to bleed from fraud and waste, with Rs 8,00010,000 crore lost in claim payouts each year, according to a new report by Boston Consulting Group (BCG) and Medi Assist The study highlights that fraudulent and unnecessary claims not only push up insurance premiums but also strain insurers' financial stability and divert funds intended for public health programs Weak data systems and inadequate checks further force patients to spend more out of pocket for medical care.The report notes that retail health plans are particularly vulnerable to fraud, though group insurance…...
NRIs flying home for faster access to healthcare, lower costs: Here’s what to check before you seek medical treatment in India
6+ day, 8+ hour ago (1337+ words) NRIs are choosing India for medical treatment due to lower healthcare costs, faster access to quality care, and NABH-accredited hospitals. Learn how NRI health insurance works, compare treatment costs in India vs US, and discover essential tips for medical tourism including hospital accreditation verification and claim settlement processes before planning your healthcare visit....
Health insurers see frauds in Rs 50,000 claim segment
6+ day, 20+ hour ago (482+ words) Health insurers are witnessing a significant surge in fraudulent claims, particularly for smaller amounts. This trend is most pronounced in digestive ailments, where oversight is less stringent. Claims between Rs 50,000 and Rs 2.5 lakh present a high-risk zone for manipulation. Infectious diseases also show a higher propensity for misuse due to generic symptoms and extensive testing....
Peak XV Partners, Temasek, PayPal, Mastercard among largest Pine Labs shareholders after IPO
2+ week, 2+ day ago (547+ words) While Peak XV is the largest shareholder in Pine Labs with a stake of approximately 17%, the others each continue to hold anywhere between 4-5%, valued at a few thousand crores each. Pine Labs went public with a capitalisation of Rs 28,000 crore. Peak XV Partners and Temasek Holdings" MacRitchie Investments will continue to own more than 5% of Pine Labs after the Gurugram-based fintech company went public today.While Peak XV Partners continues to be the largest single shareholder with a 16.6% stake, MacRitchie, which is part of Temasek, the Singapore government"s sovereign fund, will own 5.7% of Pine Labs At a market capitalisation of Rs 28,000 crore, Peak XV"s stake is worth Rs 4,656 crore and MacRitchie"s shareholding is valued at Rs 1,607 crore.PayPal, Mastercard and Actis are the three other major shareholders in Pine Labs, holding between 4.2% to 4.9% Their shareholding is currently…...
Big blow to health care as Trump calls for changes in the way of providing health insurance to Americans; shares of Centene, HCA Healthcare and Molina Healthcare tumble heavily, check share price and what did Trump say
2+ week, 5+ day ago (122+ words) Trump's call to redirect federal healthcare funds directly to individuals, bypassing insurers, sent shockwaves through the market. Major health insurers like Centene, HCA Healthcare, and Molina Healthcare saw significant stock drops. Trump criticized insurers as "money sucking" and advocated for people to purchase their own healthcare, aiming to dismantle the ACA. Are Facebook ads helping users buy illegal drugs by mail in Canada - Drugs travel through an ad to a postal delivery; $9 million worth of illegal drugs were turned over to police in 2024 by Canada Post Bihar Polls 2025: NDA, MGB Gear Up for Phase 2 Battle Was Delhi Red Fort blast a terror attack? Eyewitnesses narrate chilling details of Delhi blast Delhi: Blast near Red Fort, multiple casualties reported...