GST Council Forms GoM to Review Tax Rates on Health Insurance September 10, 2024 GST Council chairperson Nirmala Sitharaman stated that the Council could take several crucial decisions in its next meeting, set for November during the festive season.
Medi Assist to Acquire Paramount Health for INR 312 Cr August 27, 2024 Medi Assist's acquisition will notably expand its market presence, increasing its share to 36.6% in the group segment and 23.6% across the health insurance sector by premiums managed.
Magma HDI Settles First Claim via NHCX Portal, Marking Milestone in Digital Insurance Processing August 23, 2024 The portal enables real-time information exchange between key stakeholders, including healthcare providers, insurers, patients, and the government, ensuring a more efficient claims process.
Policybazaar, Paramount Health TPA, & Insurance Firms Introduce '15-Minute Express Discharge' for Cashless Claims August 22, 2024 The initiative is currently being piloted for employees of select corporations that have purchased group health insurance from Policybazaar for Business and have opted into the service.
33 Major Health Insurance Companies Boarded NHA’s NHCX Platform July 16, 2024 Other major players already available in the NHCX platform include Aditya Birla Health Insurance, Star Health and Allied Insurance, Bajaj Allianz Insurance, among others.
IRDAI Issues Show Cause Notice to Care Health Insurance July 12, 2024 Saluja, apart from her role as a non-executive director at Care, serves as the executive chairperson of Religare Enterprises, the parent company of Care Health Insurance.
Riskbirbal Launches Healthcare & Insurance Management Platform Wellconnect May 21, 2024 Wellconnect integrates advanced technology, data-driven insights, and personalized care to transform the healthcare and insurance experience.
Crosby Health Pockets $2.2 Mn to Automate Clinical Claim Management May 20, 2024 Founded in 2022 by Rishi Gowda, Crosby Health uses AI technology to address major pain points in healthcare administration especially insurance claims denials.
LocalCircles’ Survey Reveals 43% Health Insurance Policyholders Faced Difficulties May 6, 2024 The report also found that a significant number of health insurance claims in India were either partially approved or outright rejected.
IRDAI Removes Health Insurance Age Limits Offering Big Relief to Senior Citizens April 22, 2024 The insurance regulator stated that all pre-existing conditions should be covered after 36 months, irrespective of whether the policyholder initially disclosed them or not.
IRDAI Unveils Draft Regulations For ‘Bima Sugam’-One Stop Platform for Insurance Stakeholders February 15, 2024 Bima Sugam will operate on a consent-based architecture, ensuring that consumers are not charged for availing services through the online platform.
General Insurance Council Unveils Cashless Hospitalisation Facility to Policyholders January 25, 2024 Starting today, the policyholders will no longer have to bear the financial burden of treatment out of their pockets as per the ‘Cashless Everywhere’ initiative.