Budget Analysis: Mixed sentiment for insurance companies

The insurance sector seems to have mixed feelings for Budget 2013. While the opening up of the bank insurance route has been hailed as a key reform. The lack of additional tax concessions has disappointed insurers. Read more

Explain the concept of Lok Adalat. Advantages of Lok Adalat Settlements from the viewpoint of insurance companies?

For the purpose of bringing  about  voluntary  settlement  of  disputes  Hon’ble  Shri  P.N.Bhagwati, the ex-Chief Justice of the Supreme Court,  conceived a unique concept of Lok Adalat or Lok Nyayalaya.  Read more

ONLINE INSURANCE FRAUD TRAINING COURSES

Health insurance fraud is described as an intentional act of deceiving, concealing, or misrepresenting information that results in healthcare benefits being paid illegitimately to an individual or group. The main purpose of fraud is financial gain.

One of the largest single sources of fraud is the healthcare providers. They usually have a detailed knowledge of the policy condition and reimbursement process which makes it very difficult to detect such frauds. Read more