Remember the Fortis medical bill worth Rs 16 lakh? This law will ensure it never happens again

In November last year, FortisNSE -2.11 % Memorial Research Institute (Gurgaon) charged the family of a seven-year-old dengue patient nearly Rs 16 lakh for 15 days in the ICU. The girl died while being shifted from Fortis to Rockland Hospital. Hospitals in big cities inflate costs of medicine, etc., sometimes 100s of times. According to Satyendar Jain, the health minister […]

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Inadequate Health Insure cover ?

As per a joint report by FICCI and KPMG, titled ‘heath savings account in India’, only 27% of Indians have health insurance cover. This figure is abnormally low. In the present day scenario, health insurance policy has become inevitable. In the backdrop of rising lifestyle diseases due to lack of exercise, erratic eating habits, increase in stress levels and poor […]

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Insurance Linkage with Aadhaar , Last Date extended

link-aadhaar-number-with-insurance

Insurance regulator Irdai has extended the deadline for linking 12-digit unique identity number Aadhaar with various insurance policies until the Supreme Court decides on the matter. The Supreme Court of India in Writ Petition (vide order dated March 13) extended the deadline of linking Aadhaar till the matter is finally heard and the judgement is pronounced. The Irdai decision to indefinitely extend the March 31 deadline comes in wake […]

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Star Health Insurance Sale Last round– Premji and Jhunjunwala also interested

Star health and Allied Insurance

US insurer Prudential and Indian billionaire Azim Premji are joining forces to challenge a consortium of WestBridge Capital and Kedaara Capital, besides others, in the fight for a controlling stake in Star Health and Allied Insurance. Competition for the asset may intensify in the wake of the National Health Protection Scheme (NHPS) proposed in the budget. The Indian health insurance […]

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