News
Ensure timely resolution of public grievances, prompt claims processing: Finmin to insurers
2+ day, 15+ hour ago (250+ words) Ensure timely resolution of public grievances, prompt claims processing: Finmin to insurers'The Economic Times New Delhi: Financial Services Secretary M Nagaraju on Tuesday asked Public Sector Insurance Companies (PSICs) to ensure timely resolution of public grievances and to provide seamless,…...
Budget 2026 Wishlist: Why Section 80D tax deduction for health insurance premium should be allowed in new tax regime
4+ day, 1+ hour ago (632+ words) Budget 2026 should make tax deduction for health insurance premium paid under Section 80D in new tax regime also...
Policyholders left waiting: How ombudsman delays are failing insurance consumers
4+ day, 6+ hour ago (712+ words) Policyholders left waiting: How ombudsman delays are failing insurance consumers'The Economic Times...
Medicare costs rise in 2026 — Why are Medicare costs rising in 2026, and how will higher Part B premiums,
5+ day, 14+ hour ago (484+ words) Medicare costs are rising again in 2026, with higher Part B premiums, deductibles, and hospital charges confirmed by CMS. Monthly premiums climb above $200, while inpatient and outpatient costs increase nationwide. Higher-income retirees face steeper IRMAA surcharges. These changes arrive amid inflation…...
Massive rise in grievances pendency in health and general insurance in FY25, claim-related issues account for
1+ week, 20+ hour ago (578+ words) India's insurance grievance system is buckling under pressure, with a significant surge in complaints, especially for health and general insurance. Claims disputes are the primary driver, with unresolved cases nearly doubling. While life insurance grievances remain stable, mis-selling concerns are…...
Govt, insurers and hospitals line up second consult to offer a healthy cover
1+ week, 2+ day ago (360+ words) The meeting will be chaired by financial services secretary M Nagaraju, with representatives from the General Insurance Council, the Association of Healthcare Providers (India) and senior executives from insurers and hospital chains. MUMBAI/NEW DELHI: The finance ministry will hold…...
Higher health insurance coverage at least cost: Do super top-up plans live up to their promise? Mind the p
1+ week, 2+ day ago (708+ words) Higher health insurance coverage at least cost: Do super top-up plans live up to their promise? Mind the p'The Economic Times Nowadays, cancer treatment, organ transplant and other critical treatments can set you back Rs 10-15 lakh in just a few…...
Fresh curbs on insurance commissions likely as expense breaches mount in FY25
1+ week, 3+ day ago (432+ words) Insurance regulators are concerned about rising distribution costs inflating premiums. This follows the removal of product-wise commission caps. Several life and non-life insurers exceeded expense limits in FY25. A committee is reviewing compensation norms amid surging breaches. Discussions are underway on…...
Record health insurance claims settled in FY25, average payout per claim declines
1+ week, 4+ day ago (355+ words) Record health insurance claims settled in FY25, average payout per claim declines'The Economic Times Mumbai: Non-life and health insurers processed a record number of health insurance claims in FY25, lifting settlement ratios and cutting repudiations, even as average payouts per claim declined…...
Mis-selling in insurance sector significant concern: Irdai
1+ week, 4+ day ago (589+ words) Mis-selling in insurance sector significant concern: Irdai'The Economic Times...