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COVID INSURANCE CLAIMS
J P Nadda to launch revamped Aarogya Setu app on Jun 29Union Health Minister J.P. Nadda is set to unveil a transformed Aarogya Setu app, evolving from a COVID-19 tracker to a comprehensive perso...- No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
- Ludhiana MBA graduates ditch corporate jobs to grow Kashmir’s ‘red gold’ saffron, sell it for Rs 12 lakh/kg. Here's how they did itTwo MBA graduates from Punjab's Ludhiana are making headlines for achieving a remarkable feat, cultivating premium Kashmiri saffron indoors...
- Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- India’s invisible workforce gets a new safety net: Key labour reforms for migrant employees decodedIndia's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safe...
- US Stock Market: US health insurers post best quarterly performance since pandemic eraU.S. health insurers posted strong first-quarter earnings, easing concerns over rising medical costs and claims pressures. Major players be...
- Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
- PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021Citing norms of the Insurance Regulatory and Development Authority of India (Health Insurance) Regulations, 2016, Bhagwat Karad said the pr...
- How much money did Indians get as life insurance death claim in 2020-21?According to the annual report, “Insurers were directed to settle COVID-19 death claims expeditiously, by developing a quicker claim settle...
- Latest life insurance claim settlement ratio of companies in 2022The claim settlement ratio of LIC was 98.62 per cent as at March 31, 2021 compared to 96.69 per cent as at March 31, 2020 and the proportio...
- Health insurers see huge surge in non-Covid claims“We are seeing an increase in hospitalisations due to dengue, respiratory diseases and other non-Covid claims. The size of these claims has...
- Covid-19 insurance claims to exceed 50% of Q1 health payouts; 16,000 crore clearedIn the first quarter of the current fiscal, Covid claims are expected to be more than 50%. Even now claims are coming in for reimbursement ...
- Insurers must tell hospitals about cleared claims in 1 hourInsurance Regulator and Development Authority of India (Irdai) has told insurers to communicate their cashless approvals for Covid-19 claim...
- Insurers should reimburse medical treatment at home when hospital beds unavailable: ViewPatients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to claim insu...
- Insurers could face billions of dollars in fresh Covid-19 claimsAs per data compiled by the General Insurance Council (GIC) and seen by ET, the insurance industry has registered 10.07 lakh (1 million) co...
- Covid survivors, if unfit after 3 months, may not get life insurance coverLakhs of people, who survived Covid-19, are expected to deal with long-term medical issues like heart, kidney and lung damage, especially t...
- Average Covid-related claim size is Rs 1.2 lakh: Krishnan Ramachandran, Max Bupa Health Insurance"Across the industry and in Max Bupa, cases started to rise towards the end of August and there was a significant rise in claims on account...
- Covid health insurance claims near 1 lakh as private treatment growsOn an average, 2,000 claims are being reported per day out of the 50,000-odd positive results. However at current levels, claims are relati...
- SC lens on insurers over Covid claimsThe IRDAI has already issued strict instructions to insurance companies that the entire cost of consumables be included in the Covid treatm...
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