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CLAIM REJECTION RATIO OF HEALTH INSURANCE
₹1 crore accidental death claim rejected over alleged income inflation; here’s why wife won against insurerAn insurer's attempt to deny a Rs 1 crore accidental death claim based on alleged income inflation backfired. The consumer commission ruled...- UPI charges could reverse digital payments gains, push users back to cash, says ex-NITI VC Rajiv KumarFormer NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...
- NPS Swasthya latest guidelines: How much do you need to contribute? Check fees, withdrawal and exit rulesThe PFRDA has unveiled comprehensive operational guidelines for the NPS Swasthya health cover. These guidelines specify minimum contributio...
- Why women's financial protection must evolveIndia has made major strides in women’s financial participation, with rising workforce participation, bank-account ownership and entreprene...
- Buying health insurance? You must check track record of claims and complaintsThe insurance advisory platform, Ditto Insurance, compares insurers on two key metrics: three-year average claim settlement ratio (by polic...
- One man's EV coverage rose from $1,180 to $1,690 in four years — a roughly 43% increase. The hidden reasons premiums could be getting more expensive may have nothing to do with the batteryElectric vehicle insurance rates are increasing for many owners. This rise is often linked to general market trends, not just battery age. ...
- US Market: Orion180 prices IPO below target range, raises $240 millionOrion180 Insurance raised $240 million through its US IPO after pricing 20 million shares at $12 each, below its targeted range of $15-$17....
- Gujarat floods trigger thousands of crores in insurance claims, prompting rate hikes for industrial risksGujarat floods have triggered substantial insurance claims, prompting a review of pricing. Insurers are now pushing for more disciplined pr...
- US weekly jobless claims unexpectedly fallUS unemployment claims dropped unexpectedly last week, though this may reflect holiday volatility. The underlying labor market trend shows ...
- Sridevi's 2.7-acre Chennai property dispute case explained: Boney Kapoor, Janhvi Kapoor and Khushi Kapoor get notice from Supreme CourtA property dispute involving Sridevi's family has reached the Supreme Court. Petitioners claim a share in a Chennai land parcel acquired in...
- Sridevi property dispute: Where is 2.7-acre Chennai land located for which husband Boney Kapoor and daughters Janhvi and Khushi received SC notice?Sridevi property dispute case: The Supreme Court has issued notices to Boney Kapoor and his daughters regarding a Chennai property dispute....
- Vegetarian man's Rs 1 lakh mediclaim rejected due to B12 deficiency; company said his diet led to the illness; court orders insurer to pay him Rs 1.1 lakhAn Ahmedabad district consumer commission has ordered New India Assurance to pay a Rs 1.06 lakh mediclaim it had denied after blaming the p...
- Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
- Lower premium with higher health insurance coverage: Co-pay vs. deductible, which can save you moreNavigating health insurance premiums can be tricky. Understand the crucial differences between deductibles and co-pays. While both share co...
- Indian-origin man wanted in US over $93 million Medicare fraudAn Indian-origin individual is a fugitive in the US for allegedly defrauding Medicare. Khadeer Khan Mohammed submitted false claims for gen...
- 7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim disputeA consumer commission ordered an insurer to pay over eight crore rupees to Victorinox India. The company's fire insurance claim was unfairl...
- Insurance company rejected Rs 3 lakh mediclaim saying it was an obesity treatment; court found the surgery also treats high BP, weight gain, knee pain; insurer ordered to pay Rs 3.5 lakhAn insurance company rejected a Rs 3.2 lakh mediclaim by calling a weight loss surgery an obesity treatment excluded under the policy. The ...
- Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife wonA health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must p...
- Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commissionA consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...
- Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
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