Health insurance set to get innovative

Notwithstanding presence of more than 24 health insurance companies, the Indian health insurance industry is still at a nascent stage compared with global peers. Globally, health insurance providers are much more advanced and have mature and developed products. Read more

IRDA rules out hiking investment limit for insurers

Terming the finance ministry’s plans to hike the investment ceiling for state-owned Life Insurance Corporation to 30 per cent as ‘imprudent’, insurance regulator IRDA recently called for a more conservative approach and ruled out hiking the cap for private sector insurance firms. Read more

Government to assure, not insure, health

NAC wants Rashtriya Swasthya Bima Yojna to be absorbed into new policy for universal health coverage

The National Advisory Council (NAC), which sets the policy agenda for the Congress party led United Progressive Alliance (UPA) government, wants the Rashtriya Swasthya Bima Yojna (RSBY) insurance scheme to be absorbed into the new policy for universal health coverage (UHC), taking the latter closer to realization.

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