News
Health is wealth and both wear away
3+ hour, 33+ min ago (191+ words) Health is wealth and conversely, ill-health is erosion of wealth. Conventional wisdom says this is where health insurance comes in. Until health insurance itself becomes a large drain on the pocket, ironically. All this if today's morbidity trends remain the…...
Karnataka Bank inks pact with Tobacco Board to help farmers access credit with ease
5+ day, 14+ hour ago (156+ words) Published - June 02, 2026 07: 11 pm IST - MANGALURU Raghavendra S. Bhat, CEO and MD of Karnataka Bank, and Srinivasa B. C. , Director of Auctions, Tobacco Board, at the launch of partnership with the Board, in Bengaluru on May 29. Karnataka Bank has entered into a strategic partnership…...
Farmers want fertilizer shortage to be addressed in Virudhunagar district
2+ week, 2+ day ago (313+ words) Published - May 22, 2026 09: 01 pm IST - VIRUDHUNAGAR Appealing to the officials to address the shortage of fertilisers, the farmers" said that all the outlets across Virudhunagar district should be thoroughly checked so as to ensure that adequate stocks were in place. Speaking…...
Home Guards health insurance scheme launched in Visakhapatnam, a first in Andhra Pradesh
2+ week, 2+ day ago (272+ words) Published - May 22, 2026 06: 02 pm IST - VISAKHAPATNAM Ms. Anitha said the scheme reflected the government's commitment to extending welfare measures to police personnel at every level, from senior officials to lower-rank staff and Home Guards. She referred to a recent step by…...
Insurance Ombudsmen decided 41, 055 grievances in FY26, 79% in favour of policyholders
2+ week, 3+ day ago (283+ words) Updated - May 21, 2026 10: 04 pm IST - HYDERABAD Insurance Ombudsmen decided 41, 055 grievances during 2025-26. Of these 79% were decided in favour of policyholders, according to the Insurance Regulatory and Development Authority of India (IRDAI). The IRDAI cited the numbers in a release on an orientation…...
APGLI blames DDOs for delays in insurance claims
2+ week, 4+ day ago (166+ words) The Hindu Published - May 20, 2026 07: 57 pm IST - VISAKHAPATNAM In a press release issued on Tuesday, APGLI Joint Director M. Jhansi Lakshmi said that several DDOs had failed to raise bills on the Comprehensive Financial Management System (CFMS) despite powers being vested in…...
Here's How AI is Giving a Boost to Claims Processing Automation in 2026
3+ week, 1+ day ago (299+ words) Faster Claim Intimation and Data Capture The claims journey begins when a customer reports a loss. Earlier, this step involved paperwork, multiple follow-ups and manual data entry. Today, AI can instantly extract information from emails, forms, calls and even images,…...
Households face financial risk from increasing health inflation
1+ mon, 3+ day ago (101+ words) The Hindu Medical inflation in India is rising at an exponential rate every year. Many households, despite government support, are at risk of accumulating large debts if a family member has a chronic illness, falls seriously ill or has an…...
Why health insurance still doesn't guarantee hospital care in India | The Hindu Editorial
1+ mon, 5+ day ago (42+ words) India's latest NSSO health survey shows a sharp rise in health insurance coverage since the launch of PMJAY. But despite wider coverage, access to hospital care remains uneven, with hidden costs and capacity gaps continuing to affect patients, especially the…...
Life insurers new business in FY26 rose 16% to "4. 60 lakh crore
1+ mon, 2+ week ago (373+ words) Updated - April 22, 2026 10: 17 pm IST - HYDERABAD Life insurers in India reported new business in FY26 rose 15. 70% year on year to "4, 59, 713. 41 crore. It was a year when the insurers emerged from the new surrender value norms, introduced in October 2024, impact by tweaking strategies....