Many Indian states have recently introduced insurance programmes covering tertiary healthcare treatments for economically weaker sections.
The policy features 11 sum insured options for customers, ranging from Rs 3 lakh to Rs 100 lakh -- and protects a maximum of 15 family members.
However, since the advent of the fear instilled by the pandemic, 71% consider Mediclaim a necessity.
Once the transaction is completed, ADIA will own a 9.99% stake, ABCL will hold a 45.91% stake and MMH a 44.10% stake, respectively, in ABHI.
As Cancer deaths and cases are increasing rapidly in India, the top draw for the common people availing the cashless and paperless insurance scheme is chemotherapy.
Health insurance premiums have increased anywhere between 10-25 per cent recently, thanks to higher average claims and increasing healthcare inflation.
The substantial hike was attributed to the Delta variant propelling the second wave leading to a spike in hospitalisations and deaths.
An overburdened and fund-starved network of public health institutions and a small private sector, mostly in the tertiary area, further make healthcare inaccessible to large sections of society.
At least 203 treatment procedures and surgeries in 1,169 empanelled hospitals across the State are covered under the scheme.
More hospitals are expected to join Medisep, the cashless health insurance scheme for government employees and employees, according to the Finance Department.
Inaugurating the convention, state chairman K Shanavas Khan said the government should roll out health insurance schemes on a war footing.
A lot of health insurance buyers have doubts if their policy will cover 100% of the expenses. The coverage depends on the inclusions and the terms and conditions of the policy. Read on to know more.
The study said high claims payout of `5 lakh and above were made for illnesses such as ischaemic heart disease, breast cancer and colon cancer.
The regulator has set up a 10-member committee to analyse the health insurance policy nomenclature.
Finance Minister Arun Jaitley on Thursday announced that the National Health Protection scheme will be the world’s largest government funded health care programme providing a health insurance cover.
The government's new National Health Protection Scheme, under Ayushman Bharat plan, will cover 10 crore poor and vulnerable families.
The Supreme Court on Thursday restrained brothers Malvinder Singh and Shivender Singh from diluting any stake in the Fortis Healthcare.