Health insurance

Irdai to launch portal for health insurance plans information

The portal will be having all the information like treatment facility, cost of treatment and cost of claims among others.

Dec 06, 2015, 18:53 PM IST

United India eyes Rs 11,800 cr premium in 2015-16

Riding on the growth of motor and health insurance segments, public sector United India Insurance has set a target of clocking a total premium of Rs 11,800 crore during the current financial year.?

Nov 18, 2015, 17:11 PM IST

Punjab makes cashless health insurance mandatory for staff

 The Punjab government has made cashless health insurance scheme mandatory for all government employees and pensioners, a state government spokesman said here on Sunday.

Nov 16, 2015, 00:18 AM IST

New health cover for bank employees to be ready by month-end

All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.

Aug 02, 2015, 15:03 PM IST

US health insurance giant Aetna to buy Humana for $37 bn

Aetna, the second-largest US health insurance player in market capitalisation terms, said it will pay USD 230 dollars per Humana share in a cash and stock deal to create a new entity with around 33 million customers.

Jul 03, 2015, 18:51 PM IST

'Pass on discount on health insurance claim to policyholders'

IRDAI said the discount should be in absolute monetary terms and every insurer shall make these procedures as part of their detailed guidelines on claim settlement.

Jun 23, 2015, 21:36 PM IST

Insurance regulator's proposal pose brand equity challenge for banks

The Indian insurance regulator`s proposal to make banks sell policies of at least two insurers of each category - life, general and health - has thrown up an unexpected brand equity challenge for the banks, insurance experts say.

Apr 30, 2015, 13:22 PM IST

Federal Bank offers health insurance of Rs 1 lakh for new acs

South-based lender Federal Bank Monday said it will be offering a health insurance of Rs 1 lakh for all new savings accounts under a tie-up with Max Bupa.

Apr 20, 2015, 19:46 PM IST

PNB MetLife forays into health insurance segment

The plan returns all the premiums paid in case there is no claim from the policy holder during the policy term and upon survival, PNB MetLife said in a statement.

Apr 09, 2015, 16:37 PM IST

ESIC board to discuss other health insurance issue

The Employees' State Insurance Corporation will discuss Tuesday a proposal to provide an option to its 1.95 crore subscribers to choose health insurance products available in the market in lieu of mandatory scheme run by it.

Apr 06, 2015, 14:11 PM IST

IRDA slaps Rs 20 lakh fine on Apollo Munich Health Insurance

Insurance regulator IRDA has slapped a fine of Rs 20 lakh on Apollo Munich Health Insurance Company, mostly for selling its policies through the website of makemytrip.Com, which is not authorised to sell insurance.

Mar 23, 2015, 20:37 PM IST

Budget 2015: How you can save tax upto Rs 4.44 lakhs using health insurance, pension fund

Arun Jaitley today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.

Feb 28, 2015, 15:22 PM IST

Workers may get to opt between EPF&NPS; ESI & health insurance

The proposal to provide these options to organised sector workers was announced today by the Finance Minister Arun Jaitley in his Budget speech for 2015-16.

Feb 28, 2015, 15:03 PM IST

Anthem warns US customers of email scam after data breach

The No. 2 U.S. health insurer said on Wednesday that hackers breached its computer system containing data on up to 80 million people.

Feb 07, 2015, 06:48 AM IST

US states probe massive data breach at health insurer Anthem

Several U.S. states are investigating a massive cyberattack on No. 2 U.S. health insurer Anthem Inc that a person familiar with the matter said is being examined for possible ties to China.

Feb 06, 2015, 07:46 AM IST

Bupa Insurance to raise stake in Max Bupa to 49%

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Jan 05, 2015, 13:38 PM IST

Customer complaints in general insurance drop by 66% in 5 yrs

The number of complaints dropped to 63,335 in 2013-14 from 1,86,615 in 2009-10, the report released jointly by Insurance Regulatory and Development Authority (Irda) and Consumer Affairs Department said.

Dec 25, 2014, 19:13 PM IST

Aditya Birla Group announces joint venture with S African firm

Aditya Birla Group has announced a joint venture with a South African insurance giant to enter India's huge health insurance market.

Oct 24, 2014, 17:31 PM IST

Health cover industry sees biz touching Rs 65,000 cr by FY'20

Insurance companies, both life and non-life, are bullish on their plans of making it big on the health insurance segment, which is one of the fastest growing businesses for them, and have set a target of more than trebling the business to Rs 65,000 crore by FY'20.

Oct 17, 2014, 20:12 PM IST

RCap planning separate health insurance company: Ambani

Bullish on growth prospects of Reliance Capital, Anil Ambani Tuesday said the group plans to have a separate company for health insurance business.

Sep 30, 2014, 19:07 PM IST