“If I’m an employer, I’ll look at three hospitals in my area and say, ‘I’ll pay the price for the lowest one. If you want to go to one of the other two, you can pay the difference,’” said Anderson. Will Price Transparency Reduce Overall Health Spending? Revealing actual negotiated prices, as … Read more
Though there is some bit of sectoral rotation, we will be banking on certain sectors like private banks and insurance, where there was a good bit of growth, says Devang Mehta, Head-Equity Advisory, Centrum India. Excerpts from an interview: How are you mapping the market texture right now and is it time to dig out … Read more
By Phil Galewitz, Kaiser Health News Friday, September 25, 2020 (Kaiser News) — President Donald Trump, outlining his “America First Health Plan” Thursday, announced that his administration will allow the importation of prescription drugs from Canada. The final plan clears the way for Florida and other states to implement a program bringing medications … Read more
T oday Bajaj Finance is the largest contributor, then comes non-life and then comes life, says the CMD, Bajaj Finserv. I understand that you have been consciously reducing your exposure to crop insurance and it stands at just 1% of your product mix as of Q1 FY21. Given the kind of recovery that we have … Read more
In the case of delay in the payment of a claim, the insurer will be liable to pay interest to the policyholder. Synopsis New products (filed after October 1, 2019) launched by health insurers are already adhering to the new rules. Whereas for products that are already in the market, IRDAI has given the insurance … Read more
Image caption Representatives for the sector say insurance costs are “astronomical” Care home owners whose insurance premiums have soared this year have called for government protection from being sued over coronavirus deaths. Care England warned the situation was an “an absolutely enormous threat” to the future of the sector. Owners said they feared they could … Read more
Hyderabad: Amid uproar by the Covid-19 patients that most private hospitals were fleecing them and denying admissions against insurance cover by insisting on upfront cash payments, the Telangana government on Monday warned the private hospitals and threatened to seize 50% of the ICU beds. The move by the Telangana government also comes amid censures by … Read more