health insurance
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Insurance
Ayushman Bharat Expands: Seniors Over 70 Now Eligible for ₹5 Lakh Health Cover, How to Register
Prime Minister Narendra Modi on October 29 launched a new health insurance initiative under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), designed specifically for senior citizens over 70 years old. This scheme, initially announced last month, provides healthcare coverage to India’s elderly without any income restrictions. This new plan aims to fill a critical gap in elderly…
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Business
Health Insurance Giant Niva Bupa Set for Public Listing with ₹3,000 Crore IPO
True North, a prominent home-grown private equity firm, is spearheading an initial public offering (IPO) for Niva Bupa Health Insurance Ltd., previously known as Max Bupa Health Insurance Company. The Securities and Exchange Board of India (SEBI) has granted final observations for the firm to raise ₹3,000 crore through this IPO, marking a significant milestone for the company. Niva Bupa…
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Business
GST Council Set to Deliberate on Health Insurance Tax Relief and Online Gaming Revenues
The GST Council is set to meet on Monday, September 9, 2024, to discuss a range of important issues, including the taxation of insurance premiums, recommendations on rate changes, and updates on the online gaming sector, according to sources. One of the key topics on the agenda is the GST on life, health, and reinsurance premiums. A report will be…
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Health & Fitness
Buying Health Insurance? You Should Know What is Waiting Period
In an era of rising healthcare costs, health insurance has become a crucial financial safeguard. However, many policyholders are caught off guard by a critical aspect of their coverage: waiting periods. A recent industry study highlights the importance of understanding these periods to maximize the benefits of your health insurance policy. What Are Health Insurance Waiting Periods? “A waiting period…
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Health & Fitness
How Health Insurance Providers are Using Big Data to Improve Outcomes
Big data has significantly altered how companies handle, evaluate, and use data. The healthcare industry leads the way when it comes to capitalising on this shift and adjusting to the new global norms. How Health Insurance Providers are Using Big Data to Improve Outcomes Big data in healthcare represents the vast and complex collection of healthcare information, from patient records…
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Insurance
15 Terms You Must Know Before Buying Health Insurance
Navigating the world of health insurance can feel like deciphering another language. Between confusing technical jargon and unfamiliar acronyms, choosing the right policy can be overwhelming. This comprehensive guide unpacks 15 vital terms you’ll encounter in your health insurance journey, empowering you to make informed decisions for your well-being. 1. Premium: The regular payment you make to maintain your health…
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Health & Fitness
Protect Your Heart, Protect Your Wallet: Start Your Heart Health Insurance Journey Today
Heart disease is the leading cause of death globally, claiming millions of lives each year. While lifestyle modifications and preventive measures play a crucial role in maintaining heart health, the financial burden of unexpected heart problems can be overwhelming. This is where heart health insurance steps in, offering a vital safety net for individuals and families. What is Heart Health…
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Business
Hospitalized by Confusion? Demystifying Mediclaim and Health Insurance for Optimal Coverage
In the complex world of healthcare, treading on the paths of insurance can be a daunting task. Often, the terms “Mediclaim” and “Health Insurance” are used interchangeably, leading to confusion and potentially inadequate coverage. While both offer protection against medical expenses, their nuances and limitations differ significantly. To ensure informed decision-making and optimal healthcare security, understanding the key distinctions between…
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Insurance
Beyond Headlines: The Real Reason Why Health Insurance is a Must”
The Significance of Health Insurance: Safeguarding Your Well-Being In an era where unforeseen health challenges can arise at any moment, the importance of health insurance cannot be overstated. Beyond serving as a financial safety net, health insurance plays a pivotal role in ensuring access to quality healthcare, promoting preventive measures, and fostering overall well-being. Financial Security in Times of Uncertainty:…
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Health & Fitness
How Health Insurance Works: Key Terms and Concepts
Gurgaon, Haryana, India: Let’s suppose you wake up one morning feeling a little under the weather. You decide to see a doctor and go to your neighborhood clinic. The doctor examines you, prescribes necessary medicine, and suggests specific tests. You leave the clinic feeling relieved knowing that your health is well taken care of. However, have you ever questioned how…
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