Health Insurance News - Latest Updates, Headlines & Analysis

Transparency and awareness are crucial to avoid health insurance claim rejections: Experts

By Nikhil Dedha, New Delhi, April 26: The majority of health insurance claims in India are rejected due to policyholders misunderstanding the terms of their policy, failing to disclose pre-existing health conditions, or submitting claims that are not covered by their policy.

Medical expenses eating away 12.2% of households income, affordability biggest barrier in health insurance: Report

New Delhi, April 17: Medical costs are becoming a major financial burden for Indian households, taking up an average of 12.2 per cent of their monthly incomes, according to a recent survey report by Policybazaar.

'Ayushman cards' to be launched in Delhi for all income groups aged above 70 by April-end

New Delhi, April 17: The Delhi government will launch 'Ayushman Cards' for all income groups aged above 70 years by the end of April 2025.

Over 1.3 crore persons insured through GeM in FY 2024-25

New Delhi, April 16: Government e-Marketplace (GeM), India's largest e-marketplace for public procurement, has facilitated insurance for more than 1.3 crore individuals covering Health, Life and Personal Accident Insurance policies, the Ministry of Commerce & Industry said on Wednesday.

Over 1.3 crore get insurance cover through GeM in 2024-25

New Delhi, April 16: Government e Marketplace (GeM) has successfully facilitated the insurance of more than 1.3 crore individuals covering health, life and personal accident insurance policies during the financial year 2024-25, according to a statement issued by the Commerce and Industry Ministry on Wednesday.

Another feather in state's development story: Odisha CM Mohan Majhi after launch of 'Ayushman Bharat Pradhan Mantri Jan Arogya Yojana

Cuttack, April 11: Odisha Chief Minister Mohan Charan Majhi on Friday asserted that a new feather was added to Odisha's development story after the launch of 'Ayushman Bharat Pradhan Mantri Jan Arogya Yojana' in the state.

'Revolutionary step related to Delhi's health sector': PM Modi on Ayushman Bharat scheme

New Delhi, April 11: Prime Minister Narendra Modi on Friday called the implementation of the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) a 'revolutionary step' related to Delhi's health sector.

Delhi govt to begin distribution of Ayushman Bharat cards today

New Delhi, April 10: The Delhi government is set to commence the distribution of Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana (PM-JAY) health cards to residents of the national capital starting Thursday, following their registration under the scheme.

'Registration for Ayushman Bharat Scheme starting from today': Delhi Health Minister Pankaj Kumar Singh

New Delhi, April 10: Delhi Health Minister Pankaj Kumar Singh on Wednesday informed about the registration of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), which will start from today in the national capital.

Ayushman Bharat scheme to kick off in Delhi tomorrow; 2.60 lakh people to get health cards in 1st phase

New Delhi, April 9: The Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana (PM-JAY) is set to kick off in the national capital on Thursday as the Rekha Gupta-led government will start providing health cards to residents after registering them under the scheme.

Strong growth expected to continue in new health and term segment: Nuvama Report

New Delhi, April 8: The Indian insurance sector is likely to see a strong growth in the new health and term segment, according to a report by Nuvama.

India's healthcare spending expected to surge to 5 pc of GDP by 2030: Report

New Delhi, April 7: Healthcare expenditure in India is expected to surge from 3.3 per cent to 5 per cent of its GDP by 2030, according to a report on Monday.

Ayushman health scheme launched in Delhi, CM Rekha Gupta slams previous govt for delay

New Delhi, April 5: The Delhi government on Saturday signed an MoU for implementing the Ayushman Bharat Scheme for Rs 10-lakh health insurance even as Chief Minister Rekha Gupta slammed the previous city government for blocking the scheme, denying its benefits to lakhs of residents.

Delhi becomes 35th state to implement Ayushman Bharat Pradhan Mantri Jan Arogya Yojana

New Delhi, April 5: Delhi became the 35th State and Union Territory to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) after the National Health Authority (NHA) of the Union Ministry of Health and Family Welfare (MoHFW) ) entered into a Memorandum of Understanding (MoU) with the Delhi government on Saturday. The agreement was signed between L.S Changsan, additional Secretary, MoHFW and Chief Executive Officer, National Health Authority (NHA), and Dr S.B. Deepak Kumar, Secretary (Health and Family Welfare), Department of Health and Family Welfare, Government of NCT Delhi, today.

LIC's potential stake in ManipalCigna to boost health insurance market: JP Morgan

New Delhi, April 1: The Life Insurance Corporation of India’s (LIC) potential acquisition of a 40-49 per cent stake in ManipalCigna Health Insurance could reshape the health insurance market, a JP Morgan report said on Tuesday.

Cost Advantage & technology adoption will lead India's Medical Tourism to USD 13.42 Billion by 2026: Report

New Delhi, March 28: India's medical tourism industry is set to witness strong growth, with its market size projected to reach USD 13.42 billion by 2026, according to a report by Grant Thornton.

Star Health faces Rs 49 crore GST demand from tax authorities

Mumbai, March 23: Star Health and Allied Insurance Company Limited has received 25 tax demand orders from the Goods and Services Tax (GST) authorities across multiple states.

CM Lalduhoma launches 'Mizoram Universal Healthcare Scheme'; to be effective from April 1

Aizawl, March 19: Mizoram Chief Minister Lalduhoma on Wednesday launched the 'Mizoram Universal Healthcare Scheme (MUHS)', which would be effective from April 1 this year.

Rural areas avail over 75 pc cancer treatments under PMJAY: Minister

New Delhi, March 19: Rural areas in the country have availed over 75 per cent cancer treatments under the government's Pradhan Mantri Jan Arogya Yojana (PMJAY), Union Health Minister JP Nadda has informed.

Delhi govt to sign AB-PMJAY MoU with Centre on April 10; Mohalla buses to hit roads from April 1

New Delhi, March 18: Aiming to deliver its promise to provide free health insurance, the Delhi government will sign a memorandum of understanding (MoU) with the Central government on April 10 to extend benefits of AB-PMJAY to city residents, said Minister Pankaj Singh on Tuesday.

LIC plans to acquire stake in a health insurance firm by March 31: CEO Mohanty

New Delhi, March 18: Life Insurance Corporation of India (LIC) is planning to acquire a stake in a standalone health insurance company by the end of the current financial year (FY25), its Managing Director and Chief Executive Officer Siddhartha Mohanty said on Tuesday.

Flexible health insurance surges by 300 pc in last 5 years in India: Report

New Delhi, March 11: Flexible health insurance plans have seen an upsurge of almost 300 per cent in the last five years in India, said a report on Tuesday.

How Emergencies Without Medical Insurance Can Lead to Unexpected Costs

New Delhi, Mar 7: An emergency room visit without insurance can cost more than a year's total expenses. We focus only on the visible costs, but beneath the surface, countless hidden expenditures can accumulate rapidly, transforming an already difficult situation into a significant financial strain.

PhonePe launches 'insuring HEROES' campaign for International Women's Day

New Delhi, March 6: PhonePe on Thursday launched its 'insuring HEROES' campaign ahead of the International Women's Day.

Maternity Claims Dominate at 60% as Healthcare Costs Soar in Tier 1 Cities - Key Trends in Employee Health Insurance

New Delhi, March 3: The rising cost of healthcare in Tier 1 cities has significantly impacted employee health insurance trends.

Delhi set to implement Ayushman Bharat Yojana, Centre to finalise MoU soon

By Shalini Bhardwaj, New Delhi, February 21: Delhi is all set to implement the Ayushman Bharat Yojana (AB-PMJAY), the central government's flagship health insurance scheme.

Mamata defends Bengal's own health insurance scheme, terms it as 'unique'

Kolkata, Feb 20: West Bengal Chief Minister Mamata Banerjee on Thursday provided a 'detailed explanation' on why Swasthya Sathi, the state's own health insurance scheme, is unique in the country, adding that the greatest advantage of the scheme is its universal nature.

Age group of 25-35 taking highest insurance claims: Policybazaar Report

New Delhi, February 20: The age group of 25-35 is taking the highest insurance policy claims says a report by Policybazaar for Business (PBFB).

IRDAI directs health insurers not to hike premium for senior citizens by over 10 pc

New Delhi, Feb 7: As health insurance companies have implemented steep premium hikes across age groups — some insurers even increasing health premiums up to 200 per cent — the Insurance Regulatory and Development Authority of India (IRDAI) has directed them not to revise premium rates for senior citizens by more than 10 per cent per annum.

Health Insurance for Senior Citizens: Understanding Pre-existing Conditions and Policy Exclusions

Mumbai, Jan 31: Understanding the healthcare needs of senior citizens requires thoughtful planning, especially when considering their increased vulnerability to health issues. Health insurance plans designed for senior citizens play a crucial role in ensuring access to quality medical care while easing financial burdens.

PM-JAY scheme: Over 85.97 mn people avail free treatments worth Rs 1.2 lakh cr

Health Insurance News - Latest Updates & Headlines