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Welcome to the Insurance News section of our blog! Here, you’ll find the latest updates, trends, and significant events in the insurance industry. Our goal is to keep you informed about the most important happenings, from regulatory changes and new product launches to market trends and key industry insights.
There are more than 30 insurance companies in India offering health insurance policies. Each of these insurers has its own…
IRDAI carried out a remote inspection of Heritage TPA in November 2021, and based on this inspection, IRDAI issued a…
A Closer Look at India’s Health Insurance Sector: Insights from IRDAI’s Annual Report for FY 2023-24
The Insurance Regulatory and Development Authority of India (IRDAI) has published its annual report for the financial year 2023-24, offering…
The Insurance Regulatory and Development Authority of India (IRDAI) has been a harbinger of change in the country’s insurance landscape…
HDFC Ergo has announced the launch of cashless post-hospitalization claims, set to roll out in the third week of December…
The Master Circular on Health Insurance Business is undoubtedly a customer-centric move by IRDAI, addressing key pain points from the policyholder’s perspective. The reduction in the moratorium period, extension of free Look Period, coverage during grace period etc are set to positively impact both the health insurance industry and customers.
Treatment costs under private health insurance are significantly higher compared to Ayushman Bharat. Health insurance companies pay hospitals more, while Ayushman Bharat offers package rates that are relatively low. This often leads private hospitals to prefer insured patients over Ayushman Bharat beneficiaries.
HDFC ERGO has launched Optima Wellbeing, a new OPD subscription Add on plan, in Pune. This plan offers cashless OPD services and discounts of up to 50% on diagnostics and medicines.