health insurance
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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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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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