Health Insurance News
What are riders in health insurance? Types, benefits, and how they work
Riders offer additional coverage options for health insurance policies, including critical illness, maternity, and overseas treatment. While they enhance benefits, they can increase costs significantly. It’s often more cost-effective to opt for comprehensive health insurance over multiple riders.
5 min read18 Mar 2025LIC looking to enter health insurance business, decision likely by March end: CEO
LIC plans to decide on acquiring a stake in a health insurance company by March’s end, with no majority stake intended. The move aims to compete in a growing market against established private insurers. Additionally, LIC is discussing longer-term bond issuance with the Reserve Bank of India.
1 min read18 Mar 2025Zerodha’s Nithin Kamath advises to do THIS if you are starting personal finance journey
Zerodha CEO Nithin Kamath shared his advice with people on platform X about key things to look for before purchasing a life or health term insurance. Kamath highlighted jargon and hidden clauses as a big reason for people not buying insurance.
4 min read16 Mar 2025Looking to buy health insurance? 5 riders that you must know about
When buying health insurance in India, it is good to know what the riders are so that your policy becomes more efficient and personalised as per your needs and expectations.
2 min read12 Mar 2025EMIs in health insurance: What you need to know before opting for installment plans
EMIs for health insurance offer a way to manage rising premiums, but they come with risks. Claims trigger immediate payment of all pending instalments, and failure to pay can lead to claim rejection. Additionally, discounts may not apply, and credit checks are required for approval.
3 min read12 Mar 2025Rahul Matthan: Data-rich insurance models could fail beyond a point
Policies that track individual risk profiles too closely, as today’s data trackers enable, could result in punitive premiums and may end up squashing the very idea of risk pooling—the basis of this industry.
4 min read4 Mar 2025My family has a history of cancer. Which insurance plan should I buy?
Since each serves a distinct purpose, having both policies can provide well-rounded protection. But if you can afford only one, start with an indemnity-based plan with a high sum insured.
2 min read4 Mar 2025Health insurance for senior citizens: No clarity on implementation of 10% premium hike cap
Irdai’s January circular capped health insurers’ annual premium hikes at 10% for senior citizens aged 60 years and above.
3 min read3 Mar 2025Fixing senior citizen health insurance pricing beyond the premium caps
Irdai’s 10% cap on health insurance premium hikes for senior citizens offers much-needed relief, but it also raises questions about long-term sustainability, insurer practices, and the future of affordable healthcare.
3 min read25 Feb 2025Health insurance room rent limits: What they mean for your coverage
Room rent limits in health insurance affect out-of-pocket expenses. Choosing a room above the limit incurs proportional deductions on related costs, including doctor’s fees and nursing charges. Policies may have fixed caps or percentage-based limits, influencing treatment costs significantly.
3 min read25 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared