Health Insurance Company Health Insurance Conditions Health Insurance India News 

IRDA Proposing fantastic Changes in Health Insurance , Lets See Impact on COST… in future

In order to make the health insurance cover more customer-centric, a panel constituted by the Insurance Regulatory and Development Authority of India (IRDAI) has proposed several important changes to the existing health insurance exclusion rules. The revisions in the health cover are believed to make the coverage more comprehensive and efficient for the policyholders. The changes are proposed in the waiting period of the policy, inclusion of various diseases which were earlier excluded from the policy and inclusion of advanced medical treatments. The IRDAI even highlighted the numbers which show…

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Health Insurance Company Health Insurance Conditions Health Insurance India News 

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 of the Delhi state, there have been instances in the past in which private hospitals were found to have charged 1,000 to 1,700% margins on medicines and consumables. Patients and their…

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Difference in Health Insurance , Cancer Insurance and Critical Illness Policy

Difference in Health Insurance , Cancer Insurance and Critical Illness Policy According to a cancer research paper published in the Lancet Oncology Journal, about 10 lakh people in India are diagnosed with cancer every year and 6 to 7 lakh succumb to this fatal disease. By 2035, these numbers may almost double to 17 lakh new patients and 12 lakh deaths per year. While on one hand, technological advancements have made it easier to detect cancer in its early stages leading to improved life expectancy; on the other hand, the associated costs…

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Star health and Allied Insurance Health Insurance Company Health Insurance India News 

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

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 market is expected to quadruple to Rs 50,000 crore thanks to the social welfare scheme, experts This could drive up the valuation of the insurer beyond the Rs 6,000 crore…

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Top 5 Tips to buy Health Insurance in India