For retired bankers, health insurance premiums set to riseAn increase in the claims ratio will push up the group mediclaim premium of retired staff members of public sector banks by as much as 40%.
20 Sep, 2021, 04.11 PM IST
Covid-19 claims to exceed 50% of Q1 health payouts; 16,000 crore cleared“As an industry, we had 10 lakh claims in the first quarter of this year, which is the same as the number of claims for the whole of last y...
26 Jul, 2021, 10.17 AM IST
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 ...
26 Jul, 2021, 09.27 AM IST
Insurers to offer add-on cover for at-home Covid treatment, court toldThe regulator also told the court that, apart from the Corona Kavach policy, there were over 19 products offered as insurance policy by gen...
15 Jul, 2021, 09.36 AM IST
IRDAI allows home treatment as add-on cover in health insuranceIn a circular to all non-life insurers including standalone health insurers, the Insurance Regulatory and Development Authority of India (I...
22 Jun, 2021, 06.50 PM IST
Home treatment of covid-19 and insurance: 7 things to knowThere is a difference between home care treatment and domiciliary treatment. Here are 7 common queries related to home treatment of coronav...
11 Jun, 2021, 10.41 AM IST
Covid-19 homecare: Insured seek removal of Rs 20,000 capSince most patients have mild symptoms, a majority opt for home treatment. They are now finding their claims rejected or settled for a less...
26 May, 2021, 10.20 AM IST
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...
29 Apr, 2021, 10.44 AM IST
Edelweiss General Insurance to cover quarantined patients under policy cover of coronavirus"We have decided to cover hospitalization for not only those who have a confirmed diagnosis but also those who have been quarantined in spe...
23 Mar, 2020, 05.19 PM IST
IRDAI proposes to standardise, simplify policy wordings of health indemnity insurance policiesThe objective of the guidelines on 'Standardization of General Clauses in Health Insurance Policy Contracts' is to standardise the common g...
14 Jan, 2020, 10.22 AM IST
Health insurance may cover expenses incurred on Ayurveda, Unani treatmentIn a draft circular IRDAI said that products differ significantly with each other in terms of benefits offered.
20 Feb, 2019, 08.43 AM IST
Irdai issues norms for standardized health insurance productWhile the minimum entry age is kept at 18 years for principal insured, the maximum age at entry is 65 along with lifelong renewability. The...
19 Feb, 2019, 09.12 PM IST
Can a senior citizen claim tax break on medical expenditure for treatment at home?Amendment in the Income-Tax Act offers greater relief to senior citizens who incur medical expenditure but don’t have an insurance policy.
28 May, 2018, 06.30 AM IST
Pros and cons of insurance cover for medical procedures at homeYou can claim the cost incurred for certain procedures carried out at home, but be aware of the limitations.
28 Mar, 2016, 09.50 AM IST
Health insurance policies: Lesser-known benefitsMany policyholders wrongly assume that their health plan covers only hospitalisation expenses. Find out about a few lesser-known benefits t...
02 Jun, 2014, 04.12 PM IST
- LIC enters health insurance sector, launches 'Health Plus'
Insurance giant, LIC is entering health insurance business with the launch of 'Health Plus' on February 4 across the country.
02 Feb, 2008, 06.56 PM IST
- LIC to launch health insurance products in February
Life Insurance Corporation of India has got the approval of regulator IRDA for its health insurance product 'LIC Health Plus', which would ...
26 Dec, 2007, 06.41 PM IST