insurers

IRDAI new claim settlement rules: Insurers to settle claims within 7 days, surveyors to submit reports within 15 days, check other details

by
IRDAI new claim settlement rules: Insurers to settle claims within 7 days, surveyors to submit reports within 15 days, check other details

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a series of new rules that are set to significantly impact your general insurance policies, such as motor, health and home insurance, making them more customer-friendly and efficient. These changes are geared toward faster claim settlements, innovative insurance products, and reducing burdens on policyholders. … Read more

Hacker publishes Australian health insurer’s customer data – ET HealthWorld

by
Hacker publishes Australian health insurer’s customer data – ET HealthWorld

Canberra: Medibank client data was published by an extortionist Wednesday, including details of individuals’ medical procedures, after Australia’s largest health insurer refused to pay a ransom for the personal records of almost 10 million current and former customers. The release of information on the dark web appeared to be a sample of the data that … Read more

How Much Health Insurers Pay for Almost Everything Is About to Go Public

by
How Much Health Insurers Pay for Almost Everything Is About to Go Public

By Julie Appleby, Kaiser Health News Friday, July 01, 2022 (Kaiser News) — Consumers, employers, and just about everyone else interested in health care prices will soon get an unprecedented look at what insurers pay for care, perhaps helping answer a question that has long dogged those who buy insurance: Are we getting the best … Read more

Americans’ COVID Medical Bills Are Set to Rise

by
Americans’ COVID Medical Bills Are Set to Rise

By Robert Preidt HealthDay Reporter FRIDAY, Sept. 3, 2021 (HealthDay News) — COVID-19 care is likely to get more expensive for Americans with the expiration of insurers’ temporary waivers on costs associated with treating the illness. Earlier in the pandemic, patients didn’t have their normal co-payments or deductibles for emergency room visits or hospital … Read more