Four public sector general insurers posted an aggregate loss of ₹26,364 crore between 2016-17 and 2020-21,

August 06, 2022 By HealthInsuranceAdvisor In Business, General Insurance, Health Insurance Explained, Health Insurance India, Health Sector in India
Business-Loss
All four public sector general insurers posted an aggregate loss of ₹26,364 crore between 2016-17 and 2020-21, according to an audit report by the Comptroller and Auditor General of India (CAG). The losses of health insurance business of PSU insurers either wiped out or decreased profits of ot...

What happened in Health Insurance in 2020 ?

December 25, 2020 By HealthInsuranceAdvisor In Aarogya Sanjeevani Policy, Health Insurance India, Health Insurance Sahi Hai, Health Sector in India, Insurance News
The health insurance industry in particular, as it was the most affected industry this year due to the ongoing COVID-19 pandemic, the industry went through a plethora of changes to provide protection to maximum number of people in India Talking about the health insurance industry in particular, as i...

Corona Kavach Health Insurance Policy

August 04, 2020 By HealthInsuranceAdvisor In Corona Virus / Covid 19, General Insurance, Health Insurance Explained, Health Insurance India, Health Sector in India, Insurance News
IN-PATIENT CARE (HOSPITALISATION) 1. The Medical practitioner advises the Insured person to undergo treatment at home. 2. There is a continuous active line of treatment with monitoring of the health status by a medical practitioner for each day through the duration of the home care treatment. 3. Dai...

Why Insurance Premiums are Increasing ?

May 30, 2020 By HealthInsuranceAdvisor In General Insurance, Health Insurance Explained, Health Insurance India, Health Insurance Sahi Hai, Health Sector in India, Insurance News, News
The global pandemic has definitely helped people realize the importance of having adequate health insurance. India is among the least insured countries and as of 2019, the density of non-life (which includes health) insurance in the country was a mere 19%, according to data from the IRDAI and the b...