News
Thinking of cancelling your health insurance? Read this before you do
15+ hour, 34+ min ago (470+ words) Health insurance is often one of the first expenses people think about cutting when they're trying to reduce their monthly outgo. Maybe the premium has gone up, your employer already provides health cover or you've simply never made a claim…...
UP launches Rs 5 lakh cashless health cover for 12 lakh teachers, education staff
3+ day, 21+ hour ago (226+ words) The Uttar Pradesh government on Friday rolled out the Mukhyamantri Shikshak Cashless Chikitsa Suvidha Yojana, a new health insurance scheme that promises cashless medical treatment of up to Rs 5 lakh per family for nearly 12 lakh teachers and education department personnel,…...
COVID-19 symptoms, viral fever or seasonal infections? Here's what your health insurance policy covers
3+ day, 23+ hour ago (391+ words) In most cases, comprehensive health insurance plans cover hospitalisation expenses for viral fever, COVID-19 and other seasonal infections. However, outpatient consultations, diagnostic tests and medicines are generally not covered unless the policy includes OPD benefits. Arun Ramamurthy, Co-Founder, Staywell.health,…...
GST boost, strong auto sales lift non-life insurance premiums 16% in June, says CareEdge report
4+ day, 18+ hour ago (18+ words) Moneycontrol.com...
Approved today, denied tomorrow? Why cashless health insurance claims can fail at discharge- Moneycontrol.com
1+ week, 15+ hour ago (826+ words) One of the biggest advantages of health insurance is the cashless treatment facility. Whenever a patient seeks admission at one of the network hospitals, the insurer or TPA is authorized to authorize a cashless claim for treatment, thus sparing the…...
IRDAI plans to link insurance commissions to product complexity, policy retention
2+ week, 21+ hour ago (559+ words) The consultation paper, expected by the end of July, will be circulated among insurers and other stakeholders before the regulator finalises the framework. IRDAI, under Chairman Ajay Seth, is targeting implementation from January 2027, although the timeline remains subject to industry…...
Why a cashless health insurance claim doesn't always mean zero upfront payment
2+ week, 14+ hour ago (479+ words) Picture this: You have a robust health insurance policy, and you’ve carefully selected a hospital that offers cashless hospitalisation. The treatment goes smoothly, the recovery is on track, and you are ready to head home. But just as you are…...
Retirement planning has changed: Here's why your old strategy may no longer work
2+ week, 1+ day ago (386+ words) A decade ago, retirement planning often meant putting money aside for life after 60 and hoping it would be enough. Today, that approach feels increasingly outdated. People are changing jobs more frequently, living longer and retiring in very different ways. Some…...
IRDAI plans to phase out big upfront insurance commissions in mis-selling crackdown
2+ week, 3+ day ago (579+ words) Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) is seeking to reform how distributors are paid in an effort to rein in mis-selling, and plans to propose commissions be paid out over the life of a policy instead…...
Can Indians buy insurance without an agent? Bima Sugam may put DIY to the test
3+ week, 1+ hour ago (793+ words) But while digital access can make insurance purchases faster and more transparent, industry experts say convenience alone cannot solve one of insurance's biggest problems. It is important to help customers understand exactly what they are buying. DIY challenge for health,…...