[ MUMBAI: Insurance regulator Irdai is pushing companies to ensure that health covers are available to all age groups, as well as those with pre-existing diseases, mental health issues and women, to ensure that there is greater coverage and no one is denied the facility.While the regulations have been tweaked, many are interpreting it to … Read more
[ NEW DELHI: Insurance regulator IRDAI has removed the age limit of 65 years for purchasing health insurance policies in order to provide enough protection from healthcare expenses to senior citizens and to broaden the market.Earlier, individuals were allowed to buy a new insurance policy only till the age of 65 as per the guidelines.IRDAI … Read more
[ Financial planning for old age and illness shouldn’t just focus on health insurance. You don’t have to feel helpless about your healthcare expenses or the quality of care you receive. You can take control and manage your money wisely now. In a column in ET Uma Shashikant, the Chairperson, Centre for Investment Education and … Read more
[ A new Biden administration rule released Wednesday aims to streamline the prior authorization process used by insurers to approve medical procedures and treatments. Prior authorization is a common tool used by insurers but much maligned by doctors and patients, who say it’s often used to deny doctor-recommended care. Under the final rule from … Read more
[ Pristyn Care Survey Finds 3 Out of 10 People Don’t Buy Health Insurance Due to High Premium
[ U.S. health insurer Cigna ended its attempts to merge with competitor Humana after the two companies failed to reach an agreement, The Wall Street Journal (WSJ) reported. The two health insurance giants spent recent weeks discussing a potential merger that would’ve produced a powerhouse company worth an estimated $140 billion by the end of … Read more
[ China’s health care industry, the second-largest in the world with US$3.5 trillion spent in 2018, is attracting global telemedicine investors and service providers as the government gives technology a role to improve the allocation of vital medical resources. Companies like Medix Global, which provides second opinions, necessary tests and monitors recovery – known as … Read more
[ Let’s suppose you wake up one morning feeling a little under the weather.You decide to see a doctor and go to your neighbourhood 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 … Read more
