Health Insurance Experts Blog

Status Check on Health insurance industry!

Worried about health insurance? “Insurance Cos slash list of hospitals offering cashless services in Mumbai for making fraudulent claims” “Medical insurers curb cashless facility” “Mediclaim crisis looms, hospitals seek way out”  “No more cashless mediclaim? Common man suffers” Reading these headlines in local dailies, you, as a customer, both prospective and existing, must be really worried. After all, you had counted on health insurance to ride . . .

TPAs to move Competition Commission against PSU Insurance Cos.

TPAs to move competition panel against PSU insurers The association of third party administrators (TPA) has decided to move the Competition Commission of India (CCI) against the four public sector non-life insurance companies and their association, called General Insurers Public Sector Association of India (Gipsa), for forming a cartel and abusing their dominant market position in planning their own TPA outfit. “The TPA floated by Gipsa companies will . . .

Want to know your renewal premium? Ask your astrologer

Courtesy the insurance companies, the malaise that was until recently the exclusive preserve of senior citizens has now become universal in its applicability. I am talking about the vagaries of what you may be called upon to pay as renewal premium on your health insurance policy. In case of senior citizens, every renewal has, for quite some time now, become a hurdle. . . .

Corporate Hospitals criticize withdrawal of cashless service for Mediclaim.

Recently, we came across news in an online Publication, business-standard.com Withdrawal of cashless service for Mediclaim.Recently, we came across news in an online Publication, business-standard.com The decision by public sector health insurance companies to deny cashless services to their clients has been criticised by Fortis, a leading corporate healthcare chain. Chains such as Fortis generate a significant portion of their revenue through health insurance policy reimbursements. The Federation of Indian Chambers of Commerce and Industry was also critical. . . .

Medimanage Exclusive: Analyzing PSU Health Insurers delisting Popular Hospitals!

Financial losses by health insruance company Health insurance companies are trying to salvage the losses which are just increasing each year and here is another of their moves. Public Health insurance Companies (Oriental, New India Assurance, United, National) have announced that they are taking down large number of the hospitals from their list of network hospitals to access Cashless service. From the 800 hospitals which were . . .

Ways to Boost Health Insurance Sector in India

Health Isnurance Market in IndiaShe is the second most populous country in the world. She has been successful in gradually overcoming the global recession and is very much on her way towards achieving a double-digit growth and donning the mantle of being the fastest-growing economy in the world within the next four years. But even as she continues to march ahead and bask in . . .

Health Insurance Renewal made easy!

IRDA's newly issued guidelines beneficial for the consumer All hail the IRDA for it has come to the rescue of consumers! According to new guidelines issued by the Insurance Regulatory and Development Authority (IRDA) on the 2nd of April, 2010, it has become mandatory for health insurance companies to now renew health insurance policies irrespective of the payments already made by the health insurance company against the claims. In . . .

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