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HEALTH INSURANCE CLAIM SETTLEMENT RATIO
Group health insurance claims: 5 common claim deductions and disputes employees should know aboutMost group plans cover pre-existing diseases from day one, and individual employees are not medically underwritten. Barring a few exception...
Healthcare needs stronger partnerships between hospitals and insurersAditya Birla Health Insurance CEO and Manipal Hospitals MD-CEO argue that India's healthcare system must move beyond transactional relation...
Amazon return refund lawsuit claims: Jeff Bezos' company to pay $309.5 million to Americans soon; check eligibility, deadline and moreAmazon is facing a $309.5 million settlement for not properly issuing refunds to customers. Shoppers who requested refunds between specifie...
LIC shares fall 3% as Q2 VNB misses estimates. Jefferies cuts target but lists 3 reasons to buy the stockLIC reported a 20% year-on-year rise in Q2 consolidated net profit to Rs 12,115 crore, while net premium income grew 16% to Rs 1.47 lakh cr...
Go Digit posts 31% dip in net profit to Rs 142 croreThe company’s management had previously noted that in the last five years there has been no increase in third-party motor insurance rates, ...
LIC Q2 Results: Profit jumps 20% YoY to Rs 12,115 crore, NPI grows 16%LIC Q2 Results: Life Insurance Corporation of India (LIC), the country's largest insurer, reported a nearly 20% rise in consolidated net pr...
Travel insurer says no to toenail injury treatment of 62-year-old woman injured during US visit; court orders company to reimburse over Rs 89,000 for treatment in United States and pay Rs 30,000 as compensation for mental harassmentA 62-year-old woman successfully challenged her travel insurer after it denied reimbursement for a toenail injury. She sustained the injury...
Niva Bupa Q2 YoY profit after tax soars 124%Niva Bupa Health Insurance reported an impressive 124% year-on-year profit surge in the second quarter, leading to a profit after tax of ₹1...
Planning robotic surgery? Your health insurer may pay only 50% of the hospital bill: Know what to checkRobotic surgery is increasingly covered by health insurance in India, but not without complications. Despite having a high sum insured, pol...
Should my OCI son continue his Indian health insurance policy or take a new one?ET Wealth Reader's Query: My son recently became an Overseas Citizen of India (OCI). Earlier, he had insurance coverage in India. Should he...
Does Snapchat cause depression, anxiety, eating disorders? A court trial that tells bold story against social media platformsSocial media companies face thousands of lawsuits in federal and state courts brought by individuals, school districts, municipalities and ...
State-run general insurers to submit turnaround plansState-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...
Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 croreStar Health and Allied Insurance achieved a net profit of ₹264.4 crore for the September quarter of FY27. This profit reflects a 232% incre...
Bengaluru man buys health insurance for parents, pays premiums for three years, mother undergoes treatment but insurer rejects claim, gets relief in consumer courtA Bengaluru man who spent Rs 3.13 lakh on health insurance policies for his parents disputed Star Health's rejection of his mother's medica...
Health insurance claim settlement: Which insurers are fastest at paying approved claims?According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved h...
Health insurance: 5 gaps in your policy that could leave you with a bigger bill at the time of claimThis is a global problem. A World Health Organization report found that out-of-pocket expenses for medicines and other medical products pus...
Non-life insurance to play a bigger role in financial planning over the next 25 years: ICICI LombardGeneral, or non-life, insurance is expected to play a more integral role in financial planning over the next 25 years, shows an ICICI Lomba...