Policybazaar for business introduces ClaimSetu: India’s first AI-led claims insights and scoring engine for group health insurance claimsPolicybazaar for Business (PBFB) introduces ClaimSetu, an AI-powered solution designed to streamline and accelerate Group Health Insurance ...
Ayushman Bharat Case: ED searches Delhi, Bengal, Jharkhand locationsEnforcement Directorate conducted searches at 21 locations in Jharkhand, Delhi, and West Bengal in connection with the Ayushman Bharat case...
NHCX, a single portal for all health insurance claims soon: what is the claims process, benefits to policyholdersThe digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for th...
Insurers seek a common repository for health dataSome industry forums have put forth their representations to IRDAI and IIB on the matter; new co-morbidity risks due to Covid trigger move
Insurers should learn to trust their customers: Tapan Singhel, Bajaj Allianz General InsuranceBajaj Allianz General Insurance MD & CEO says insurance companies can always use technology to put in checks and balances to avoid frauds.
General Insurance Council restructures its executive committee; brokers get no representationGeneral Insurance Council has restructured its executive committee (EC) without giving any representation to insurance brokers.
Panel suggests a new disclaimer for use in insurers' advertisementsThe report has also suggested an industry-level collaborative effort to minimise subjective and varied interpretation of policy terms and c...
New health cover norms may save users the heartburns; arbitrary premium hikes will now be a thing of the pastInsurance company can load premium only on basis of claims experience, ailment-wise, among other parameters approved by the insurance regul...
IRDA suggests strict norms to prevent insurance sector fraudsTo prevent fraudulent activities in the insurance business, IRDA has asks insurers to follow stringent due diligence process for staff and ...
- IRDA comes out with framework for monitoring insurance frauds
IRDA today came out with a framework for monitoring frauds in the insurance sector and asked insuers to carry out due diligence on their st...
- Health insurance: Stick to deadlines while making claims
With health insurance companies strictly adhering to claim submission timelines now, make sure you do so within the stipulated period to av...
- TPAs must play an active role in curbing costs
TPAs are perhaps the most vital cogs in linking the other three gears - customers, health service providers and insurers - in the machine t...
- Insurance cos to make med claims time-bound
To check fraud in the reimbursement of mediclaim policy, public sector insurance companies have decided to deny claims not filed within sti...
- Cashless is the way to go for hassle-free healthcare
Cashless facility is a positive feature in health insurance policies and aids policyholders to avail of healthcare facilities when the need...
- Insurers, Irda building database to check fraud
Insurers as well as the Insurance Regulatory Development Authority (Irda), for the first time, have started to maintain and share a databas...
- Insurance companies relying on detectives
Insurance companies, which are bleeding because of what they claim are inflated claims, have been relying on special investigating agencies...
One PSU insurer stays with cashless mediclaimNational Insurance Co has sent out letters to all its TPA stating that it didn't want to be part of PPN.