Affordability and Health Insurance in India: India has made substantial strides in expanding access to healthcare, but achieving Universal Health Coverage (UHC) remains a challenge due to gaps in insurance coverage among key population segments. The government of India has adopted a four-pronged strategy to address this: strengthening public healthcare infrastructure, mandating insurance for formal…
Health Insurance: Health insurance has evolved into a necessity rather than a luxury in today’s world, especially given the unpredictable nature of medical emergencies. With rising healthcare costs, even a minor hospitalization can severely impact your savings if you’re not adequately insured. Yet, despite being critical, health insurance remains one of the most misunderstood financial…
Role of Surveyors Report in Insurance Claim Assessment in India: In India’s insurance ecosystem, the role of a surveyor’s report is critical to ensuring a transparent and just evaluation of claims made by policyholders. Governed primarily by the Insurance Act, 1938, along with the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015, the assessment of…
Australia and New Zealand Face Home Insurance Crisis Due to Climate Change: Homeowners in Australia and New Zealand are facing a growing home insurance crisis, largely driven by the escalating impacts of climate change. From devastating floods and wildfires to intense storms, extreme weather events are becoming more frequent and severe, causing billions in damages….
Reliance Health Infinity Insurance: Health is wealth, and safeguarding it has never been more important. With rising medical expenses and an increasing number of lifestyle diseases, having a robust health insurance plan is no longer an option—it’s a necessity. Reliance Health Infinity Insurance stands out as a comprehensive and affordable solution that caters to both…
Gift of Protection: As time passes, roles often reverse in the relationship between parents and children. The same father who once protected us from life’s uncertainties may now need that same shield. This Father’s Day, instead of a conventional gift, why not present him with something truly meaningful — the gift of insurance? In a…
GST on Health Insurance Premiums: In a much-anticipated move, the central government is considering a proposal to reduce the GST on health and term insurance premiums from the current 18% to just 5%. This landmark decision could be finalized in the upcoming GST Council meeting, expected before the Monsoon Session of Parliament 2025. If implemented,…
Bajaj Allianz Launches State-Wise Health Insurance Plans: Bajaj Allianz General Insurance has made a game-changing move in the Indian health insurance sector by introducing state-wise customised health insurance plans, tailored to the cultural, linguistic, and healthcare needs of residents across the country. This is the first-of-its-kind initiative in India where health insurance policies are not…
World Health Day: World Health Day, observed annually on April 7, is a reminder to prioritize our physical and mental well-being. But while we routinely check our vitals and fitness levels, one crucial aspect of health often gets overlooked — our health insurance coverage. With the rapid increase in medical inflation and evolving treatment costs,…
