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SHREERAJ DESHPANDE
Rising Covid claims push up group health covers’ cost by 40%Rising Covid claims are pushing up the cost of group health insurance for employers by 25-40% in the wake of the second wave of the pandemi...- Rising Covid claims push up group health covers’ cost by 40%Rising Covid claims are pushing up the cost of group health insurance for employers by 25-40% in the wake of the second wave of the pandemi...
- Irdai bars widening of health covers if premiums increaseThe Insurance Regulatory and Development Authority of India (Irdai) has said that insurers cannot make any significant changes in coverage ...
- Covid-19 impact: Life, medical insurance set to become dearerWhile term insurance products may become as much as 30% dearer, medical insurance premiums may rise by 20-25%. Insurers’ pricing calls will...
- IRDAI issues guidelines to expedite settlement of Amphan-related claimsFurthermore, insurers have also been asked to advise customers to use online modes for intimating claims.
- Future Generali will offer coronavirus group insurance cover"The policy will provide a lump-sum benefit in case the insured is diagnosed or quarantined for a suspected sign, symptoms or infection of ...
- Medical insurance covers see 42% growth in FebFuture Generali India Insurance, COO, Shreeraj Deshpande said, “On retail heath premium underwritten, we have seen about 24% growth in Febr...
- Insurer can't reject your claim if you meet this criteriaNew guidelines for health insurance plans issued by IRDAI favour policyholders but premiums could rise.
- How an employee can migrate from group to individual health insurance policyIndividual members covered under any group health insurance policy shall have the right to migrate from such a group policy to an individua...
- ‘Modicare’ to offer insurers limited businessAccording to insurers, their experiences in managing large schemes like the Rashtriya Swasthya Bima Yojana can make a huge difference to th...
- New India Insurance raises mediclaim premium by up to 20%According to the new rates, a 35-year old can buy mediclaim policy of Rs 8 lakh sum assured for Rs 10,032 in metro areas, compared to Rs 8,...
- How to ensure that your parents are insured rightRising healthcare inflation has made higher insurance covers, particularly for senior citizens, a necessity.
- Opting for restricted hospital network can lower premium by 5-20%Companies have been complaining about the rising cost of health insurance. Earlier, group mediclaim was offered at huge discounts of up to ...
- Some insurance companies include ayurveda under their coverPolicyholders can now breathe easy as some insurance companies have started including ayurveda under their cover.
- Co-payment may suit both insurer and youIf you are a healthy person, it makes sense to opt for a co-payment policy as your premium outgo would be much less.
- Job-hopping not to affect mediclaimPeople retiring can also continue to avail the facilities of group health policies.
- Insurance cos suffer as health claims shoot upHealth is not creating wealth for insurance companies as claims bleed away premiums even though sales have been growing by more than a thir...
- Relaxed reserves norms to add to health insurers' bottomlineIRDA has relaxed norms for companies doing health insurance business by reducing their reserve requirements.
- One health insurance policy to fit allNon-life insurers will, in the near future, develop a standardised mediclaim policy to facilitate portability in health insurance.
- Insurers pull the plug on group health policiesEmployees of corporates find themselves without health cover, with insurance cos serving cancellation notices to group mediclaim policyhold...
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