News
Why more competition may benefit policyholders: Aditya Birla Health Insurance CEO Mayank Bathwal
10+ hour, 21+ min ago Aditya Birla Health Insurance CEO, Mayank Bathwal, talks to Riju Mehta about the benefits of the new insurance bill, the need to resolve insurer-hospital conflict through dialogue, and the reasons for the large number of customer complaints in health insurance....
US President Donald Trump to announce new deals to lower drug prices, White House says
1+ day, 18+ hour ago President Trump is set to announce new agreements Friday aimed at lowering prescription drug prices, with major drugmakers like AbbVie, Bristol Myers Squibb, and Merck expected to participate. These deals follow previous outreach to pharmaceutical companies regarding "most-favored-nation" pricing for…...
TrumpRx explained: How Trump’s new drug price deals with 9 pharma companies could save patients money
2+ day, 13+ hour ago TrumpRx: President Donald Trump has struck new deals with nine major drug companies. These agreements aim to reduce prescription drug prices for Medicaid recipients and those paying out of pocket. Companies like Merck and Bristol Myers Squibb are participating. This…...
Trump targets insurers in healthcare pitch, says subsidies should ‘go to the people’ and that ‘only losers will be insurance companies’
4+ day, 8+ hour ago President Donald Trump is pushing for healthcare cost changes. He believes insurance subsidies should benefit individuals directly. This comes as enhanced Affordable Care Act tax credits are set to expire. Trump also highlighted a new website for direct prescription drug…...
Should you take term insurance plan for 15 years or 30? Things you must know before buying one
1+ week, 10+ hour ago A 36-year-old executive, Yatin Gupta, is re-evaluating his life insurance needs, considering coverage until age 80. However, experts advise aligning the term plan duration with the period his dependents will require financial support, not necessarily the longest available option. The focus…...
Infibeam Avenues board approves rebranding to AvenuesAI
1+ week, 2+ day ago The company aims to reposition itself from being a payments and ecommerce infrastructure provider to an AI-led digital payments entity. "AI is no longer an enabler; it is central to who we are and what we are building," joint managing…...
Supreme Court overturns insurance denial for doctors who died in Covid
1+ week, 3+ day ago The Supreme Court has ruled that families of doctors who died during the Covid-19 pandemic are eligible for insurance cover. This applies even if the doctors were not officially requisitioned by the government. The Pradhan Mantri Garib Kalyan Package aims…...
India Inc’s medical costs to rise 11.5% in 2026
1+ week, 4+ day ago Employee medical plan costs in India are projected to rise by 11.5% in 2026, exceeding the global average. This trend, driven by cardiovascular diseases, cancer, and advanced medical technologies, prompts employers to invest in preventive care and flexible benefit plans to manage…...
Sahaj Insurance gets corporate agency licence from IRDAI, aims to sell 10 cr policies in 1st yr
1+ week, 6+ day ago Sahaj Insurance Services, a subsidiary of Sahaj Retail, plans to offer 10 crore insurance policies to rural India. These policies will be simple, affordable, and accessible through Sahaj Centres. Trained Sahaj Mitrs will assist with onboarding, support, and claims. The initiative…...
General insurers log a premium November
1+ week, 6+ day ago India's general insurance sector experienced robust growth in November. Gross direct premium income surged by 24 percent year-on-year. This expansion was fueled by increased motor sales and a rebound in retail health insurance demand. Standalone health insurers and private multi-line insurers…...